Assistant Manager - Accounts Receivable - Manufacturing

Job Description: Assistant Manager Accounts Receivable (Manufacturing Industry)

Location: Mumbai

Department: Finance & Accounting

Reports To: Finance Manager / Senior Accounts Receivable Manager

Job Summary:

- The Assistant Manager - Accounts Receivable will be responsible for managing and overseeing the timely and accurate processing of accounts receivable transactions for the manufacturing unit.

- This role requires collaboration with the sales and customer service teams to ensure that payments are collected on time and that outstanding receivables are minimized.

- The Assistant Manager will also ensure compliance with company policies and procedures related to credit, billing, and collections.

Key Responsibilities:

Accounts Receivable Management:

- Monitor and manage the accounts receivable ledger to ensure the timely collection of outstanding payments.

- Coordinate with customers, sales, and logistics teams to resolve billing discrepancies and credit issues.

- Ensure all customer invoices are raised correctly and promptly, and follow up on overdue payments.

- Process receipts and allocate payments accurately to the appropriate accounts.

Credit Control:

- Review customer credit limits and credit risk assessments in line with company policies.

- Perform regular credit checks and assessments on existing and new customers.

- Ensure timely follow-up and collection of overdue invoices professionally.

- Report on bad debts, and uncollected accounts, and provide recommendations for necessary actions.

Reporting & Analysis:

- Generate and analyze accounts receivable reports and ensure accurate recording in the general ledger.

Compliance & Process Improvement:

- Ensure all accounts receivable processes comply with company policies, accounting standards, and regulatory requirements.

Required Skills & Qualifications:

Education:

- Degree in Accounting, Finance, Commerce, or a related field.

- A professional certification such as CMA, or MBA (Finance), M.
com is an added advantage.

Experience:

- Minimum 3-5 years of experience in accounts receivable or credit management, preferably in a manufacturing environment.

- Strong understanding of accounting principles, practices, and receivables management.

- Experience with ERP systems (SAP, Oracle, or similar) and Microsoft Excel.

- Experience in managing high-value customer accounts and exposure to credit control practices