Fm 22 - Accounts Receivable Supervisor

**Title: AR Supervisor**

**Reports to: Accounting Manager (US)**

**Location: Gurgaon, India**

Summary: Performs complex data entry and related operations in posting accounts receivable payments. The Account Receivables Specialist is responsible to maintain the appropriate ledgers. Resolves credit balances and account problems; posts claim denials, refunds, adjustments, and other account actions.

Job Responsibilities:

- Receives and receipts cash items and third party payments; posts and reconciles payments to ledgers.
- Reviews credit balances, refunds, adjustments, and claim denials; reconciles, corrects, and applies adjustments to billing records.
- Balances daily batches and reports; prepares income reports and statistics; distributes reports.
- Ensures strict confidentiality of financial records.
- Performs miscellaneous job-related duties as assigned.
- Process invoices according to the shipment information and according to specific requirements of the customer.
- Process and post daily wire remittance deposits and check deposits to the appropriate customer account and invoices, ensuring reconciliation of the batch with customer payment details.
- Prepare weekly accounts receivable aging report, comments of collection status, analyses of day’s sales outstanding and credit insurance coverage.
- Issue credit memos according to the RMA and DC procedure.
- Interface with customer service, sales organizations and senior level management in communicating and resolving issues.
- Analyze customer accounts for any skipped or partial payments, or customer errors.
- Contact customers immediately to resolve any remittance discrepancies and work with logistics and sales to resolve those issues on a timely basis.
- Conduct a monthly invoice reconciliation to ensure all shipments are invoiced properly.
- Enter and maintain description codes for customer deductions and discrepancies to facilitate AR analysis and follow-up. Contact customers to collect past due amounts. Identify any reasons for non-payment and develop plans with supervisor on how to resolve. Document results of contacts.
- Track and follow-up on customer commitments.
- Handle customer receivable inquiries.
- Analyze deductions and credits in customer accounts, identifying items to net, items to follow-up with customer, and items requiring potential write-off
- Escalate unresolved issues, tracking to final resolution.
- Communication and follows up with internal departments to resolve issues and determine methods for expediting problem payments.
- Maintains and administers accounts payable databases; analyzes and manipulates data and prepares standard and ad hoc reports as required. Will be responsible for additional tasks as assigned by reporting manager
- Team Management is a highly preferred.
- Other responsibilities include managing Indian Accounting team
- Mentor analysts and senior analysts.
- Supervise and train junior staff or new trainees and encourage good A/R follow up skills and work ethic.
- Participate in the new pilots projects & work towards proper transition of knowledge to team.

**Requirements**:
**Position Requirements**:
Degree in accounting or finance discipline required

Knowledge of accounts receivable

Knowledge of general accounting procedures

Minimum 2 years accounts receivable and general accounting experience

Excellent communication skills

Must be proficient in Microsoft Office suite

Experience with Sage preferred, not necessary

Notice: The intent of this job description is to provide a representative and level of the types of duties and responsibilities that will be required of positions given this title and shall not be construed as a declaration of the total of the specific duties and responsibilities of any particular position. Employees may be directed to perform job-related tasks other than those specifically presented in this description. Richi Circuitronix, Pvt Ltd is an Equal Opportunity Employer and embraces diversity as a critical step in ensuring employee’s success. We are committed to building and developing a diverse environment where a variety of ideas and perspectives can thrive.