Function: Finance

Reporting To: Finance Head / Controller

Job Purpose:

Responsible for leading end-to-end Accounts Receivable (AR) and Accounts Payable (AP) operations, ensuring timely invoicing, collections, vendor payments, accurate cash application, statutory compliance, and strong financial controls. The role focuses on optimizing the Order-to-Cash (O2C) and Procure-to-Pay (P2P) cycles through effective team leadership, process improvements, and cross-functional collaboration.

Key Responsibilities:

Team Leadership & Governance:

- Lead and manage AR & AP teams by setting clear objectives, KPIs, and performance metrics.

- Provide coaching, mentoring, and development opportunities to build a high-performing finance operations team.

- Ensure adherence to SLAs, timelines, and internal control frameworks.

Accounts Receivable (AR):

- Oversee end-to-end AR operations including invoicing, collections, cash application, and reconciliations.

- Ensure invoices are accurate and compliant with contracts, purchase orders, and agreed commercial terms.

- Develop and implement effective collection strategies to minimize overdue accounts and delinquencies.

- Maintain strong client relationships to ensure timely payments and resolve billing discrepancies.

-Act as an escalation point for complex or high-value receivable issues.

- Prepare and analyze AR MIS, including ageing, accruals, and KPI dashboards.

Accounts Payable (AP):

- Oversee end-to-end AP operations including vendor invoice processing, validation, approvals, and payments.

- Ensure vendor invoices are processed accurately and in compliance with contracts, POs, and statutory requirements.

- Manage vendor reconciliations, advance payments, and resolution of discrepancies.

- Ensure timely payments to vendors while optimizing cash flow and working capital.

- Act as an escalation point for critical vendor issues.

Cash Management & Reconciliations:

- Ensure timely and accurate application of cash receipts and vendor payments.

- Oversee vendor account reconciliations.

- Coordinate with treasury and finance teams for cash flow planning.

Reporting, MIS & KPIs:

- Prepare and review AR & AP reports including ageing, accruals, outstanding analysis, and cash forecasts.

- Monitor KPIs and drive corrective actions based on performance trends.

-Provide insights and recommendations to senior management through data-driven analysis.

Process Improvement & Automation:

- Identify and implement process improvements to enhance efficiency and effectiveness of AR & AP functions.

- Leverage technology and automation to streamline O2C and P2P processes.

- Support standardization and documentation of finance processes.

Compliance & Controls:

- Ensure compliance with company policies, internal controls, and regulatory requirements (GST, TDS, etc.).

- Support internal, statutory, and external audits by providing accurate documentation.

- Ensure adherence to segregation of duties and SOX / internal control frameworks where applicable.

Cross-Functional Collaboration:

- Work closely with Sales, Operations, Billing, Procurement, Payroll, Compliance, and Finance teams.

- Support overall business objectives by improving financial process efficiency and stakeholder satisfaction.

Key Skills & Competencies:

- Strong expertise in Accounts Receivable & Accounts Payable operations

- Strong people management and stakeholder coordination skills

- Excellent analytical and problem-solving abilities

- Proficiency in ERP systems (SAP / Oracle / Dynamics / Tally) and advanced Excel

Educational Qualifications - CA / MBA (Finance)

Experience:

- 10-16 years of experience in Finance Operations

- Proven experience managing AR & AP teams

- Exposure to multi-entity or shared services environments preferred