Assistant Manager

17 hours ago

Indore, Madhya Pradesh, India Brand Concepts Limited Full time ₹ 1,50,000 - ₹ 28,00,000 per year

About Us
Brand Concepts Ltd
is recognized as a vanguard of style, innovation, and quality within the country's fashion landscape. It specializes in curating exceptional Travel Gear, Handbags and Lifestyle Accessories, and has a strong reputation for delivering excellence.

Job Description
Position Summary:
As an
Assistant Manager / Senior Executive – Accounts Receivable
, you will lead and oversee key AR processes within the Finance & Accounts team. You'll ensure timely customer collections, accurate recording of sales and payments, and aid in revenue monitoring. In addition, you will coordinate with clients, reconcile accounts, manage dispute resolution, and contribute to reporting across retail and online channels.

Key Respoonsibilities

  • Send professional, periodic reminders and follow‑ups on overdue client invoices; escalate when needed.
  • Oversee marketplace (E‑Commerce) collections, prepare trackers and pendency reports (RTV, refunds, client payments).
  • Ensure all sales, receipts, and adjustments are posted accurately and promptly in the accounting system.
  • Update AR dashboards and reports after bank remittances, flagging pending amounts for escalation.
  • Collaborate with Manager to produce monthly/quarterly revenue and cash flow reports, including performance analysis.
  • Lead the monthly reconciliation of AR sub-ledgers, general ledger AR control accounts, and customer statements.
  • Resolve invoice disputes and discrepancies via cross‑team coordination (sales, billing, customer support).
  • Identify AR process inefficiencies and drive improvements (e.g. automation in Excel, ERP usage).
  • Support audit activities by preparing working papers and responding to queries on AR balances.
  • Mentor junior AR staff—training, supervising, reviewing work—and ensure adherence to SOPs and compliance.

Requirements
Preferred Candidate:

  • Experience: Minimum of 5 years in accounts receivable or collections, including retail and E‑Commerce exposure.
  • Education: Graduate degree in Finance, Accounting, Commerce, or equivalent.
  • Technical: Advanced MS Excel skills (pivot tables, V‑lookups, macros); experience with ERP platforms and AR modules.
  • Domain Knowledge: Understanding of retail operations, order-to-cash lifecycle, marketplace seller settlement cycles, and RTV/refund flows.

Qualitative Skills

  • Proven ability to manage high-volume AR portfolios with retail and e‑commerce exposure.
  • Analytical, detail-oriented, with the ability to interpret AR trends and suggest improvements.
  • Excellent communication and negotiation skills with both internal teams and clients.
  • Well-organized, deadline-driven, and comfortable managing competing priorities.
  • Proactive, process-focused, with experience in SOP documentation, coaching junior staff.
  • Resilient, accountable, and accurate under pressure—consistent in meeting SLAs.

Benefits
You will be essential in reducing Days Sales Outstanding (DSO), optimizing cash inflow, and ensuring accurate revenue recognition across retail and marketplace channels. This role strikes a balance between operational execution, leadership, and strategic process enhancement.

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