Manager-Accounts Receivable

Set objectives for the Accounts Receivable team that align with the
Company DSO targets
Timely setting of credit limits for customers and taking approvals as per
the approval matrix after detailed discussion with stakeholders as per the
credit policy set
Setting up the targets to collection team for collections and old aged
dues

Ensure timely collection of payments and make a list of customers with
their due receivable against the targets and if required make a list for
holding such accounts looking at the credit policy of the company
monthly
Negotiate with customers for critical collections and non-payment cases
to support the AR team in getting payments.
Support Accounts Receivable and collection team on a daily basis
whenever they approach for support and train new team members

Conducting meetings weekly for setting up weekly collection targets with
the collection team,if required to take the help of the commercial team.
Conducting meetings with the commercial team to address the disputed
issues of invoice,customer claims if any
Conduct credit checks before release of Manual orders in the system
during the day
Prepare daily cash flow plans in accordance with the collection target set
for the month
Periodical release of credit notes after validation of the same.

Ensure high-quality collection procedures that comply with the law of the
site
Ensure all team members follow the accounting principles
Stay updated on industry and legislative changes and monitor the larger
customer financials for regular credit risk monitoring
Timely updation of aging report in USD for direct customers and buyers
Timely approvals for customer Master creation as per the credit policy

Frequent review of credit limit and term
Prepare and approve for credit hold of the account in consent with the
commercial team
Finalysing the customer reconciliation difference,if required to visit
customers along with collection team to close the same
Preparation of approval of customer provision report on monthly basis
Taking the lead to escalate the unpaid amount of certain buyers with the
Commercial team

Helping the Management to implement the best credit policy in aligning
with the commercial team
Supporting the company during Statutory and other audits by providing
timely documents
Highly honest and ethical at work place.
Should have the knowledge of complete OTC process

Should have the knowledge of managing the shared service or
outsource team in getting the work timely
Should have the knowledge of the export OTC and sales process in
accordance with the RBI guidelines
Preparation and taking approvals for the cases of Bad Debts and making
provision for the disputed cases if any and the yearly/quarterly discount
Full knowledge of the AR accounting process in the ERP
Handling of cheque dishonor case after alignment with the site
management team and alignment of the Avery legal counsel