HTIC Global - Assistant Finance Manager - Accounts Receivables & Account Payables (5-7 yrs)

Job purpose: Responsible for accounting, finance activities and financial tasks, including invoicing, budget drafting, issuing purchase orders, implementing and managing procurement processes.

Duties and responsibilities:

Accounts Receivable (AR):

- Oversee the end-to-end AR process, ensuring timely and accurate invoicing.

- Monitor customer accounts and ensure timely collections to maintain cash flow.

- Reconcile accounts and resolve discrepancies with customers.

- Prepare AR aging reports and provide insights to the management.

- Collaborate with sales teams to address credit limit issues and manage credit approvals.

- Implement and monitor internal controls to minimize bad debts and credit risks

Accounts Payable (AP):

- Manage end-to-end AP operations, including vendor invoice processing and payments.

- Review vendor reconciliations and resolve discrepancies.

- Ensure timely processing of vendor payments, considering discounts and payment terms.

- Maintain proper documentation and ensure compliance with statutory requirements.

- Monitor and control expenses in alignment with organizational policies.

- Assist in vendor onboarding and regular performance evaluation.

- Team Leadership and Process Improvement.

- Lead and mentor a team of junior/senior accountants to ensure smooth operations.

- Identify opportunities for process automation and efficiency improvements in AR and AP workflows.

- Ensure adherence to accounting standards and internal policies.

- Assist in financial/ internal audits, providing necessary reports and documentation.

- Collaborate with cross-functional teams for budgeting and forecasting related to AR and AP.

Key Skills Required:

- Strong knowledge of accounting principles, standards, and compliances.

- Proficiency in ERP systems and MS Office (especially Excel).

- Excellent analytical, problem-solving, and decision-making skills.

- Strong communication and interpersonal skills to interact with clients, vendors, and internal stakeholders.

- Leadership ability to manage and develop a team.

- Detail-oriented with a focus on accuracy and timeliness.

Qualifications & Education: Graduation or Masters in Finance stream with minimum 50%.

Experience: 5-7 years in AR & AP.

Skills: Excellent communication skills.

Characteristics: Go getter and leadership abilities.