AM-Revenue & Accounts Recievable

2 weeks ago

Bengaluru, Karnataka, India Anarock Property Consultants Full time ₹ 9,00,000 - ₹ 12,00,000 per year

Role Overview

The role involves managing end-to-end revenue recognition and accounts receivable processes in a project-driven/profit center-driven environment, ensuring compliance with Ind AS and internal controls. The candidate will be responsible for accurate revenue reporting, AR provisioning, and supporting business stakeholders in resolving related queries.

Key Responsibilities

Revenue Recognition

  • Ensure accurate and timely revenue recognition in line with Ind AS and internal policies.
  • Review customer contracts, billing terms, and milestones to validate revenue treatment.
  • Coordinate with business teams to resolve revenue-related queries.
  • Ensure compliance with GST and other regulatory norms while processing revenue entries/raising the invoices.

Accounts Receivable Management

  • Monitor AR balances, ensure timely collections, and proper application of receipts.
  • Manage provisioning for doubtful debts as per Ind AS and company policy.
  • Liaise with business units to obtain debtor confirmations and resolve mismatches.
  • Drive the quarterly AR confirmation process to ensure transparency and accuracy.

MIS Reporting & Reconciliations

  • Prepare monthly MIS reports on revenue, KPIs, and revenue trends.
  • Highlight key concerns to stakeholders and recommend corrective actions related to revenue and AR.
  • Review monthly balance sheet reconciliations and ensure they are accurate, complete, and free of unresolved items.

Desired Skills & Competencies

  • Strong understanding of Ind AS, particularly around revenue and receivables.
  • Good working knowledge of GST and invoicing norms.
  • Proficient in Microsoft Excel and ERP systems (SAP preferred).
  • Strong analytical and communication skills.
  • Ability to coordinate with cross-functional teams and manage timelines.

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