Asahi India Glass - Deputy Manager - Account Receivable (8-10 yrs)

Job Overview:

- We are seeking a highly experienced and detail-oriented Accounts Receivable Manager with a strong focus on sales accounting and customer collections.

- This role is crucial for ensuring accurate and timely financial operations related to sales, customer claims, and payment collections.

- The ideal candidate will have a proven track record in managing accounts receivable functions, ensuring compliance with regulatory requirements, and driving efficient processes.

- You will be responsible for maintaining accurate financial records, managing customer relationships, and providing insightful reports to senior management.

Key Responsibilities:

Sales Accounting and Invoicing:

- Ensure all sales accounting activities are conducted in strict adherence to established processes and procedures.

- Maintain accurate sales invoicing setups and manage the monthly closing of sales-related books of accounts.

- Verify and update customer purchase orders (PO) in the ERP system, including prices, taxes, HSN codes, GSTN, and sales agreements.

- Issue supplementary debit/credit notes based on the latest POs and maintain customer price walks.

- Prepare sales performance reports (budget vs. actual) and price variance (budget vs. actual).

Customer Claims and Adjustments:

- Manage the timely settlement of customer claims and adjustments, ensuring accuracy and efficiency.

- Prepare and submit regular reports on unsettled claims, highlighting outstanding issues and potential risks.

Payment Collection and Customer Management:

- Collect payments from customers according to agreed-upon terms, minimizing outstanding balances.

- Ensure timely submission of outstanding statements to customers and conduct diligent follow-ups for payment.

- Provide regular reports on outstanding, overdue accounts, and overdue aging (weekly/monthly).

- Present daily and monthly collection reports, including aging.

- Provide debtors' reports with aging and overdue status on a regular basis.

Financial Reporting and Compliance:

- Manage the monthly and annual closing of Accounts Receivable (AR) books within defined timelines.

- Ensure compliance with the Order to Cash (O2C) process and Total Quality Management (TQM) guidelines.

- Ensure compliance with GST, TCS, and TDS regulations.

- Verify and prepare GSTR-1 returns.

- Ensure TCS is charged on invoicing as applicable.

- Reconcile TDS deducted by customers in payment with 26AS.

ERP and System Management:

- Utilize the ERP system (preferably Oracle) to manage customer accounts, invoices, and payments.

- Maintain and update customer information in the ERP system.

Skills Required:

- Strong proficiency in Microsoft Excel and PowerPoint.

- Working knowledge of Oracle ERP (preferred).

- Comprehensive understanding of sales accounting processes and customer claims management.

- Excellent communication and interpersonal skills.

- Strong analytical skills.

- Strong organizational skills.

- Strong attention to detail.

Experience:

- 8-10 years of experience in accounts receivables or related functions, with a strong emphasis on sales accounting and payment collection.

Qualifications:

- Bachelor's degree in Commerce from a reputable college.

- MBA/Postgraduate degree in finance or a related field (preferred).

Personal Attributes:

- Detail-oriented and highly organized.

- Strong problem-solving and analytical abilities.

- Ability to work independently and as part of a team.

- Excellent communication and interpersonal skills.

- Ability to manage multiple tasks and prioritize effectively.

- Strong ethical standards.