Posted By

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Arpita Sah

HR at FabHotels

Last Login: 27 May 2024

Job Views:  
1960
Applications:  372
Recruiter Actions:  297

Job Code

1399015

FabHotels - Senior Manager - Accounts Receivable

5 - 8 Years.Gurgaon/Gurugram
Posted 1 month ago
Posted 1 month ago

What is TravelPlus (FabHotels) ?

TravelPlus is India's leading cloud-based corporate travel and expense management platform. Trusted by 1000+ high-growth companies in India, TravelPlus is the only corporate travel product in India that offers world-class tech with best-in-class travel concierge, available 24x7 365 days a year. With a backing of 7+ years of hospitality experience running FabHotels, India's biggest and the most preferred premium economy hotels chain with 1000+ hotels in 60+ cities and catering to 2000+ corporate & SME clients,we understand the critical role that both technology and people play in delivering superior corporate travel experiences.

Who should join TravelPlus?

We're looking for hungry, self-driven and curious individuals, who want to join a young company and be a part of creating the biggest player in the nascent corporate travel tech market.

Job Title - Senior Manager - AR

Heading Day to Day operations:

- Oversee the day-to-day operations of the accounts receivable department, including invoice processing, billing, and collections activities.

- Owning the complete end to end AR/O2C Process.

- Build and maintain strong relationships with customers, addressing any billing or payment concerns promptly a professionally. Collaborate with sales and customer service teams to resolve customer disputes and issues.

- Supervise and mentor a team of accounts receivable clerks or specialists, providing guidance, training, and performance evaluations. Delegate tasks, set targets, and ensure the team's adherence to departmental goals.

Objectives:

- Continuously review and improve accounts receivable processes, systems, and procedures to enhance efficiency accuracy. Implement automation tools or software solutions to streamline workflows and reduce manual efforts.

Analysis - Revenue and AR

- Implement and enforce effective credit and collections policies to ensure timely payment from customers. Monitor and track overdue accounts, follow up with customers, and negotiate payment plans or settlements when necessary.

- Monitor cash flow by analyzing accounts receivable aging reports, identifying potential risks, and developing strategies to minimize bad debt and maximize cash collections.

- Identify any potential revenue leakage, margin monitoring etc and implement the process to bridge the gaps.

- Prepare and analyze accounts receivable reports, metrics, and KPIs for management and financial reporting purposes. Provide insights and recommendations based on the analysis to support decision-making.

- Publishing various dashboards for Management including but not limited to (ageing report, old provisioning, revenue, growth, cash flows, etc).

- Ensure compliance with relevant accounting standards, regulations, and internal control policies related to Accounts receivable and credit management.

- Suggesting accounting of new business transactions in line with applicable accounting standards.

- Liasioning with Big 4 Auditors on timely closure of Audits for Revenue, AR & Collections

- Driving automation for revenue and receipts transactions with coordination with Business Team and Tech Team based on Finance requirements.

- Responsible for monthly balance sheet schedules including GL to Sub-GL reconciliation with ageing etc.

Requirement:

- Candidates excited to build strong automated processes and drive the related outcomes are preferred for the CA with 4-6 years of work experience in the Travel Industry / B2B setup.

- Candidates with Big4 experience will be preferred.

- Experience in IFRS/Ind-AS is a must. Knowledge of US-GAAP is an added advantage.

- Strong analytical skills and a data-driven decision-making mentality

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Posted By

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Arpita Sah

HR at FabHotels

Last Login: 27 May 2024

Job Views:  
1960
Applications:  372
Recruiter Actions:  297

Job Code

1399015

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