Manager Accounts Receivable

3 days ago


Mumbai, India FMC Corporation Full time

Manager – Accounts Receivable

Provides support on Credit & Collections related accounting processes. Responsible to ensure sale order approvals, accounting of customer collections, accounting of all sales schemes and discounts, Cash Monitoring ,receivables review, handling legal matters and MIS reporting.

Credit Assessment: Evaluate the creditworthiness of individual guests and corporate clients by analyzing credit reports, financial statements, payment histories, and other relevant information to determine appropriate credit limits and terms. Working with the Head of Credit to monitor & update credit policy to optimize for company risk, profitability, and growth targets. You will ensure an effective credit risk management program is in place, by establishing the framework for risk management and driving consistent standards. Credit Monitoring: Monitor accounts receivable aging reports regularly to identify delinquent accounts, review credit limits, and take appropriate actions to minimize bad debt exposure. Collections Management: Coordinate with the collections team to follow up on overdue accounts, initiate collection efforts, and negotiate payment arrangements with customers while maintaining positive relationships. Dispute Resolution: Investigate and resolve billing discrepancies, disputes, and other issues related to customer invoices/payments in a timely and professional manner, collaborating with internal departments and external parties as needed. Customer Relations: Build and maintain strong relationships with customers, corporate clients, and internal stakeholders to facilitate prompt payment processing, resolve billing inquiries, and enhance overall customer satisfaction. Reporting and Analysis: Prepare regular reports and analysis on credit and collections performance, including aging analysis, bad debt provisions, and collection effectiveness metrics, for management review and decision-making. Reconciliations: Perform regular reconciliations of accounts, identifying and rectifying discrepancies to ensure accurate financial records, Inventory & Rebate reconciliation Candidate should have accounting knowledge – Sales , Purchase , Cogs , pricing and discounts Partner with legal team to support them in legal Recovery from potential risky customers

. Experience

6 to 10 years of relevant experience.

Qualifications

B. /CA/CA- Inter/MBA/ICWA SAP HANA or Equivalent ERP Knowledge would be an added Advantage Hands on experience in Excel; you love working with numbers and are analytical in your approach towards any issue at hand

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