Receivables Management Specialist

2 days ago

Nagpur Mumbai, India beBeeReceivables Full time ₹ 8,00,000 - ₹ 12,00,000

Job Summary:

We are seeking a highly skilled Receivables Management Specialist to join our team. As a key member of our organization, you will be responsible for managing receivables from franchisees and retail stores, ensuring timely payment and reducing days outstanding.

About the Role:

  • Develop and implement strategies to reduce receivables from 4 days to 3 days.
  • Coordinate daily cash collection deposits from stores.
  • Ensure daily credit card settlements with stores.
  • Oversee cheque and cash pickups for all franchisees.

Key Responsibilities:

  • Maintain strong relationships with mall management and landlords.
  • Conduct regular meetings with mall management and franchisees to understand and resolve issues.

Trade Credit and Scheme Monitoring:

  • Approve trade credit notes as per policy.
  • Monitor promotional schemes and offers.

Showroom and Expense Management:

  • Ensure reimbursement of expenses within 7 working days.
  • Support Store Managers in enforcing compliance with processes and policies across the region.

Store Closure & Maintenance:

  • Ensure proper adherence to store closure processes to avoid monetary loss.
  • Approve repairs and maintenance expenses as per Capex policy and approved budget.

Franchisee Accounts & Legal Compliance:

  • Perform periodic account reconciliations, ensure signoff, and obtain No Objection Certificates (NOC) as per policy.
  • Ensure availability and validity of all legal certificates and notices at stores.

Store Visits & Support:

  • Conduct fortnightly visits to stores.
  • Provide commercial and legal support to stores to ensure smooth functioning.

Requirements:

  • Strong communication and interpersonal skills.
  • Ability to work under pressure and meet deadlines.
  • Excellent analytical and problem-solving skills.

Benefits:

  • Competitive salary and benefits package.
  • Opportunities for career growth and professional development.

About Us:

We offer a dynamic and supportive work environment that fosters collaboration and innovation. Our team is dedicated to delivering exceptional results and making a positive impact in our industry.

How to Apply:

Please submit your resume and cover letter to apply for this exciting opportunity. We look forward to hearing from you

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