Assistant Manager

2 days ago

Mumbai, Maharashtra, India Kora by N M Fashion Full time ₹ 24,00,000 - ₹ 48,00,000 per year

Job Title: Assistant Manager – Accounts

Company: NM Fashion Designs Pvt. Ltd. (KORA by Nilesh Mitesh)

Department: Finance & Accounts

Reporting To: Head of Finance

Budget: ₹35,000 – ₹40,000 per month

Job Summary

At NM Fashion Designs Pvt. Ltd. (KORA by Nilesh Mitesh), we are looking for a detail-oriented and proactive Assistant Manager – Accounts to manage our accounts receivable, credit control, and reconciliation processes. This role plays a key part in ensuring smooth financial operations, maintaining strong customer relationships, and supporting business growth through effective cash flow management.

Key Responsibilities

1. Debtors Management

  • Monitor and track accounts receivable on a daily, weekly, and monthly basis to ensure timely collections.
  • Follow up with customers for outstanding payments in line with the company's credit terms.
  • Prepare and maintain updated Debtor Ageing Reports; highlight overdue accounts and escalate unresolved cases to the Head of Finance.
  • Coordinate with the Sales and Operations teams to resolve disputes, billing errors, or customer queries promptly.

2. Credit Control

  • Assist in reviewing and setting appropriate credit limits for customers in consultation with the Head of Finance.
  • Ensure strict adherence to the company's credit control policies to minimize risks of bad debts or payment defaults.
  • Evaluate customer payment performance and recommend blocking or unblocking of accounts based on creditworthiness and risk assessment.

3. Reconciliation & Reporting

  • Conduct regular reconciliation of customer accounts to identify and rectify discrepancies.
  • Prepare and share debtor status reports, Days Sales Outstanding (DSO) analysis, and cash collection forecasts with the management team.
  • Maintain accurate and updated customer ledger records in the ERP/accounting system.

Key Skills & Competencies

  • Strong knowledge of accounts receivable, credit control, and reconciliation processes.
  • Proficiency in accounting software (Tally-Genesis)
  • Excellent communication and negotiation skills for customer coordination.
  • Analytical mindset with attention to accuracy and timelines.
  • Ability to work independently as well as collaboratively with cross-functional teams.

Qualifications & Experience

  • Bachelor's degree in accounting, Finance, or a related field (master's degree preferred).
  • 3–5 years of experience in accounts receivable, credit control, or a similar role.
  • Exposure to financial analysis and reporting will be an added advantage.

Job Type: Full-time

Pay: From ₹200,000.00 per month

Work Location: In person

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