Associate Director
3 months ago
About RateGain:
Founded in 2004 and headquartered in India, RateGain Travel Technologies Limited (NSE,BSE: RateGain) is a provider of SaaS solutions and one of the world’s largest processors of electronic transactions and price points for travel and hospitality. It works in more than 100 countries with its 2,200+ customers—including 8 Fortune500 companies, 23 out of top 30 hotel chains, 25 out of top 30 OTAs, all top 10 car rentals, and some of the largest travel management companies, cruise lines, and airlines—to help them accelerate revenue generation.
Our Vision:
To offer an integrated technology platform powered by artificial intelligence enabling our customers to increase their revenue through guest acquisition, retention and wallet share expansion.
Job Summary:
We are seeking a highly skilled and experienced Associate Director - Accounts Receivable to lead our AR department and oversee all accounts receivable functions for both domestic and international operations. The ideal candidate will have extensive experience in managing AR processes, ensuring compliance with local and international regulations, and driving efficiency and effectiveness within the team.
Key Responsibilities:
Leadership and Management: Lead and manage the accounts receivable team, providing guidance, training, and development opportunities.Develop and implement departmental policies and procedures to improve efficiency and accuracy.Set performance goals and conduct regular performance reviews. Accounts Receivable Operations: Oversee all aspects of the accounts receivable process, including invoicing, cash application, collections, and month-end closing activities.Ensure timely and accurate processing of customer invoices and collection.Manage customer relationships and resolve any billing or payment issues.Manage and improve DSO within given range International Accounts Receivable: Oversee AR operations for international subsidiaries and ensure compliance with local regulations and tax laws.Coordinate with international teams to standardize processes and implement best practices.Manage currency conversions, foreign exchange transactions, and cross-border collections. Compliance and Risk Management: Ensure compliance with company policies, accounting principles, and regulatory requirements.Monitor and manage AR-related risks, including credit risk assessment and mitigation.Ensure compliance related to cross border transactions related to With-holding, TRC etc.Conduct regular audits and internal controls assessments. Systems and Technology: Leverage technology to streamline AR processes and improve efficiency.Oversee the implementation and maintenance of AR software and systems.Identify opportunities for automation and digital transformation within the AR function. Reporting and Analysis: Prepare and present regular reports on AR performance, including metrics and key performance indicators (KPIs).Conduct financial analysis to identify trends, variances, and opportunities for improving cash flow.Collaborate with the finance team to support budgeting and forecasting activities.Qualifications:
Bachelor’s degree in accounting, Finance, or a related field; Chartered Accountant (CA) or MBA or CPA preferred. A minimum of 10 years of experience in accounts receivable, with at least 2 years in a leadership role. Extensive experience with international accounts receivable operations and compliance. Strong understanding of accounting principles, financial regulations, and tax laws. Proficiency in AR software and ERP systems. Excellent leadership, communication, and interpersonal skills. Strong analytical and problem-solving abilities. Ability to work in a fast-paced, dynamic environment and manage multiple priorities. Knowledge of global financial regulations and compliance requirements.Equal Opportunity Employer
We are proud to be an equal opportunity employer and are committed to creating a diverse and inclusive workplace. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.
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