Soulflower - Accounts Receivable Manager (4-9 yrs)

Beauty Brand , Exp: 04 years + WIPRO Partnered Brand Package 12 LPA

Location : Marol, Mumbai.

Reporting To : Finance Head.

Department : Accounts & Finance.

Experience : 2-5 years in Accounts Receivable, preferably in FMCG/Retail/E-commerce.

Working days: Mon to Sat.

Job Summary:

- The Accounts Receivable Manager at Soulflower will be responsible for managing the company's receivables, ensuring timely collections, reconciling accounts, and maintaining accurate financial records.

- The role requires strong analytical skills, attention to detail, and the ability to collaborate with internal teams and external customers.

Key Responsibilities:

- Receivables Management & Collections.

- Track, monitor, and follow up on outstanding payments from customers across e-commerce, retail, general trade, modern trade, and quick commerce platforms.

- Ensure timely invoicing and share payment reminders with customers, distributors, and retail partners.

- Work closely with the sales team to resolve disputes and coordinate payment collections.

- Maintain and update customer accounts, credit limits, and payment terms.

- Reduce overdue accounts and improve collection efficiency.

- Account Reconciliation & Reporting.

- Reconcile accounts receivable balances with customer accounts and resolve discrepancies.

- Maintain detailed records of invoices, credit notes, and debit notes.

- Prepare aging reports, bad debt analysis, and collection forecasts.

- Generate and present periodic reports on outstanding payments, DSO (Days Sales Outstanding), and collection efficiency to management.

- Ensure proper allocation of payments received against invoices.

- Customer & Internal Coordination.

- Coordinate with finance, sales, and business teams to address customer queries related to billing, payments, and credit adjustments.

- Liaise with e-commerce platforms (Amazon, Flipkart, Nykaa, Blinkit, Swiggy, Zepto, etc. ) for settlement reconciliations.

- Manage relationships with retail and distributor partners to streamline payment processes.

- Assist in resolving DN, CN, deductions, and disputes related to accounts receivable.

- Compliance & Process Improvement.

- Ensure compliance with company policies and financial regulations related to accounts receivable.

- Work on process improvements to enhance efficiency in collections and reduce payment delays.

- Collaborate with auditors for accounts receivable-related documentation during audits.

Key Skills & Competencies.

- Strong knowledge of accounts receivable processes, invoicing, and reconciliation.

- Experience in handling B2B and B2C receivables in an FMCG/Retail/E-commerce environment.

- Proficiency in accounting software (Tally or similar).

- Strong Excel and data analysis skills.

- Excellent communication and negotiation skills.

- Detail-oriented with a problem-solving mindset.

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

Preferred Qualifications.

Education: CA or equivalent.

Experience: 2-5 years in accounts receivable, collections, or credit control.

Prior experience working with e-commerce platforms, retail chains, and distributors is a plus.