Senior Manager/ Manager (Accounts Receivable) || Stanza Living

Job Description:

• Accounts Receivable Management: Expertise in preparing revenue reports, performing ratio analysis, and managing end-to-end invoicing processes.
• Various Reconciliation: Strong experience in reconciliations (26AS, Bank reconciliation, Debtors reconciliation, Revenue Reconciliation).
• Preparing monthly Balance sheet schedules.
• Taxation and Compliance: Understanding of GST returns/requirements
• Technical Proficiency: Advanced Excel, Google Sheets
• Responsibilities include managing Payment Gateways, reviewing cash flows, and performing Payment Gateway bank reconciliations.

Key responsibilities:-

• Ensuring timely invoicing of residents as per their agreed SLAs.
• Validating and recognizing revenue, recording revenue in the companys accounts (including deferred revenue, discounts, and credit notes)
• Conducting projected vs. actual revenue analysis.
• Carrying out daily reconciliation at the student/transaction level.
• Cost Center Level analysis and identifying revenue dip & its mitigation plans.
• Preparation of balance sheet schedules, including security deposits, advances, deferred revenue, and debtor aging.
• Understanding basic principles of finance, accounting, and bookkeeping.
• Proficiency with Google Drive
• Well verged with INDas 115 and other guidelines over revenue accounting

Other Responsibilities: -

• Create and maintain policies: Develop and implement policies, procedures, and controls for the department. 
• Ensure compliance: Ensure that all procedures comply with legal regulations and accounting principles. 
• Monitor cash flow: Forecast cash flow and monitor customer accounts to maintain cash flow. 
• Collect payments: Oversee the collection of payments and investigate non-payment cases. 
• Analyze data: Analyze customer data and account information to ensure accuracy. 
• Create reports: Generate reports on receivables, including aging reports and cash flow forecasts. 
• Improve processes: Develop strategies to improve efficiency and accuracy. 
• Support financial planning: Collaborate with other finance managers to support financial planning. 
• Create and maintain records of invoices, bills, and deposits
• Perform credit checks
• Support month-end closing
• Ensure accurate posting of payments
• Review journal entries