Manager - Accounts Recievable

Job Overview: The Receivables Manager is responsible for overseeing and managing the company's accounts receivable processes and ensuring timely collection of outstanding invoices. This role involves working closely with internal teams, customers, and external partners to optimize the cash flow and minimize delinquency. The Receivables Manager will lead a team of professionals and implement strategies to enhance the efficiency of the accounts receivable function.
Key Responsibilities:
Accounts Receivable Management:  Monitor and manage the accounts receivable aging report to identify and address overdue accounts promptly.  Implement and execute collection strategies to ensure timely and efficient collection of outstanding invoices.  Review and analyze customer accounts to resolve billing discrepancies, disputes, and issues affecting payment.  Ensure that the invoices are generated on time and forwarded to customers.
Team Leadership:  Supervise, train, and mentor a team of accounts receivable specialists or analysts.  Set performance goals, provide regular feedback, and conduct performance evaluations.  Foster a collaborative and motivated team environment that encourages growth and development.
Process Improvement:  Identify opportunities to streamline and improve accounts receivable processes to enhance efficiency and reduce payment delays.  Work cross-functionally to implement process enhancements, automation, and technology solutions.
Customer Relations:  Maintain professional and effective communication with customers regarding their accounts, outstanding balances, and payment schedules.  Address customer inquiries and concerns promptly and professionally.
Reporting and Analysis:  Generate regular reports and metrics related to accounts receivable, aging, and collection performance.  Analyze trends and data to make informed decisions and recommendations for optimizing receivables management.
Cash Flow Optimization:  Collaborate with finance and treasury teams to forecast cash inflows based on expected collections.  Assist in cash flow management by ensuring accurate and timely application of received payments.
Compliance: Ensure compliance with company policies, industry regulations, and legal requirements related to accounts receivable and collections. Relationship Management: Build and maintain strong relationships with internal stakeholders, such as sales, customer service, and finance teams, to facilitate effective collaboration.
Qualifications and Skills:  Bachelor's degree in Finance, Accounting or relevant field like MBA Finance.  Proven experience (X+ years) in accounts receivable management, with a track record of successful collections and process improvement.  Strong leadership and team management skills.  Excellent analytical, problem-solving, and decision-making abilities.  Proficiency in accounting software, ERP systems, and Microsoft Office Suite.  Effective communication and interpersonal skills for customer interaction.  Attention to detail and ability to work under pressure in a fast-paced environment.  Knowledge of Indian accounting standards and taxation laws related to receivables.  Familiarity with relevant software applications and tools.