Senior Financial Professional

2 weeks ago

Vijayawada, Andhra Pradesh, India beBeeFinancial Full time ₹ 1,20,00,000 - ₹ 2,00,00,000

We are currently hiring for a highly skilled financial professional to lead our day-to-day operations of the accounts payable department and B2C revenue and AR, including vendor payments, collections and reconciliation activities.

Job Description:

Heading Key Responsibilities

  • Oversee the end-to-end operations of the accounts receivable team, ensuring timely payment from customers and minimizing bad debt.
  • Develop and implement effective credit and collections policies to enhance cash flow and revenue collection.
  • Collaborate with sales and customer service teams to resolve customer disputes and issues.
  • Supervise and mentor a team of accounts receivable clerks or specialists, providing guidance, training, and performance evaluations.
  • Implement automation tools or software solutions to streamline workflows and reduce manual efforts.

Analysis - Revenue and AR

  • Monitor and track overdue accounts, follow up with customers, and negotiate payment plans or settlements when necessary.
  • Identify any potential revenue leakage, margin monitoring etc and implement the process to bridge the gaps.

Reporting KPIs

  • Prepare and analyze accounts receivable reports, metrics, and KPIs for management and financial reporting purposes.
  • Provide insights and recommendations based on the analysis to support decision-making.
  • Ensure compliance with relevant accounting standards, regulations, and internal control policies related to Accounts receivable and credit management.
  • Suggesting accounting of new business transactions in line with applicable accounting standards.
  • Preparing the monthly MIS after closing books of account on timely basis.

Requirements

  • CA with 4-6 years of work experience in B2B setup is preferred.
  • Experience in IFRS/Ind-AS is a must.
  • Strong analytical skills and a data-driven decision-making mentality.

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