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Urgent! Techolution - Manager - Account Receivable Job Opening In India, India – Now Hiring Techolution

Techolution Manager Account Receivable



Job description

<p><p><b>Description:</b><br/><br/>About the Role<br/><br/>We are seeking an experienced and meticulous Accounts Receivable (AR) Manager to oversee all aspects of our credit, collections, and cash application processes.<br/><br/>This pivotal role involves managing the AR team, optimizing workflows, minimizing Days Sales Outstanding (DSO), and ensuring accurate revenue recognition.<br/><br/>The ideal candidate possesses strong leadership skills, deep accounting knowledge, and a proven track record of implementing efficient, scalable AR strategies.<br/><br/><b>Key Responsibilities:</b><br/><br/>- Lead, mentor, and manage the AR team, including Collectors, Cash Applications Specialists, and Billing Coordinators.<br/><br/>- Conduct performance reviews and foster a culture of accuracy and accountability.<br/><br/>- Develop, document, and implement streamlined AR processes and internal controls to maximize efficiency and reduce manual effort across billing, collections, and cash application.<br/><br/>- Ensure all team members are trained on current policies, systems, and compliance requirements.<br/><br/>- Strategically manage collection efforts, set clear collection goals, and implement proactive strategies to minimize Days Sales Outstanding (DSO) and reduce bad debt exposure.<br/><br/>- Handle escalated customer disputes and complex collections issues, collaborating with Sales and Legal departments to negotiate payment plans and resolve outstanding balances.<br/><br/>- Oversee the customer credit approval process, setting credit limits and payment terms based on financial analysis and risk assessments.<br/><br/>- Prepare and justify recommendations for the bad debt reserve based on aging trends and specific account risks.<br/><br/>- Oversee the accurate and timely reconciliation of the Accounts Receivable ledger to the General Ledger (GL).<br/><br/>- Prepare detailed AR aging reports, cash flow forecasts, and trend analyses for senior management, providing actionable insights into collection performance and risk.<br/><br/>- Ensure the integrity of data within the Enterprise Resource Planning (ERP) system (SAP, Oracle, NetSuite, etc.) related to billing and AR.<br/><br/>- Serve as the primary point of contact for external auditors regarding AR processes, controls, and balances, ensuring compliance with GAAP/IFRS</p><br/></p> (ref:iimjobs.com)


Required Skill Profession

Financial Clerks



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