Senior Manager Accounts Receivable

5 hours ago

Madurai, Tamil Nadu, India Covenant Consultants Full time ₹ 6,00,000 - ₹ 12,00,000 per year

Company Overview

Covenant Consultants is a leading Executive Search and Recruitment Firm known for its unparalleled expertise in Human Capital. With over 350 recruitment specialists, our company excels in timely and quality service delivery across various industries including IT, Banking, Healthcare, and more. Headquartered in Chennai, Tamil Nadu, Covenant is driven by values like Purpose, Integrity, and Quality, ensuring that we meet and exceed the expectations of clients, candidates, and employees alike.

Job Overview

We are seeking a highly experienced Senior Manager Accounts Receivable to join our team in Madurai. This full-time senior-level position requires a minimum of 7 to a maximum of 10 years of relevant experience. The successful candidate will oversee accounts receivable operations and implement efficient procedures and strategies to optimize cash flow and credit risk management.

Credit monitoring

Assist in developing and monitor organization's Credit Risk Management policy

Periodically review the credit policy of existing customers in line with the company's objectives and

strategies

Review and put up for approval credit limits recommended by the sales team as per policy guidelines

Assessment of credit worthiness of potential and new customers

Monitor and review Daily, Weekly, Fortnightly and Monthly MIS for Credit control

Keep a close track of collections and ensure over dues in the market are within permissible limits

Daily Collection Monitoring and DSO (daily sales outstanding) analysis

Monitor and ensure timely recovery/settlements of outstanding of the company

Create Escalation Matrix and Reporting for early warning signs of likely defaulters

Constantly monitor company's Provision for Doubtful Debts and review the same with time bound

action plan

Ensure correct billing is generated on timely basis and submitted to customers

Timely resolving of disputes

Assist and work closely with the reporting Manager to ensure credit control and billing norms are

maintained across the company

SALES & MARKETING SUPPORT

Assist in preparation of sales and expenses budgets, and periodic monitoring and reporting on

variances

Preparation of proposals based on business models

Assist in execution of agreements, and ensuring implementation of such agreements

Assist in pricing, discount or other relevant marketing scheme calculations

Provide necessary support to the Sales & Marketing Team for meeting the requirements of the

Internal & External Customers

QUALIFICATION

 CA inter

 B.com/MBA from reputed institution

  • With 8-12 years of experience in accounts receivable field.
  • Contact Number
  • Email id-

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