We are hiring for Lead - Revenue Assurance & Collection for one of our financial service industry client which is based at Mumbai.

Job Summary : As a stock exchange, we operate with complex and high-value revenue streams, including transaction charges, listing fees, membership dues, data services, and more.

- Personal will be responsible for institutionalization of internal controls, timely and accurate billing to customers, completeness of revenue, timely accounting, Collections of Accounts Receivable, and proactive customer engagement for collections and reconciliations.

- Customer-centricity is at the core of this role.

- We expect the ideal candidate to combine financial rigor with service excellence-engaging with clients, resolving queries, and building trust through transparency and responsiveness.

Key Responsibilities Leadership and Management:

- Lead and mentor the billing and accounts receivable / collection team, fostering a collaborative and high-performance culture.

- Develop and implement departmental goals, objectives, and policies.

Revenue Assurance & Billing:

- Ensure completeness and integrity of revenue recognition in compliance with Policy, accounting standard, billing calendar, rate card and tax requirements.

- Monitor revenue leakage risks and implement system based corrective and preventive controls.

Accounts Receivable:

- Manage the collections / accounts receivable process, ensuring accurate and timely collection against invoices including payment follow-up.

- Establish and adherence to TAT for each process step with maintaining Integrity and confidentiality of collection.

- Establish and maintain relationships with various business stakeholders, customers, service providers to facilitate efficient collection processes.

- Oversee the reconciliation of accounts receivable ledgers and ensure timely / right accounting of receipts.

- Highlight high-risk accounts and recommend corrective actions.

- Ensure effective action in line with SEBI and other guidelines practices.

- Customer Engagement & Account Reconciliation.

- Maintain documentation of customer interactions and resolutions in a structured format.

Financial Reporting:

- Prepare and analyse financial reports related to billing, Collection, and accounts receivable performance and aging analysis.

- Timelymanagingmonthlyclosingprocessconsistingofreceiptaccounting,accrualof income, and GL to sub ledger balances etc.

Compliance and Controls:.

- Ensure compliance with Company Delegation of financial powers, accounting principles, company policies, and applicable laws.

- Implement internal controls to mitigate risks and enhance the integrity of financial processes.

- Completion of Audits in efficient and timely manner.

Process Improvement & Digital Enablement:

- Identify opportunities for process improvements within billing / accounts receivable function.

- Implement and maintain Billing software, Collection automation for efficiency and accuracy.

- Collaborate with internal IT and Other teams and Lead initiatives to automate and enhance system capabilities for revenue assurance.

- Stay current with industry best practices and regulatory changes affecting revenue processes.

Collaboration:

- Work closely with other Finance verticals, Business teams and other departments to ensure alignment on financial and operational objectives.

- Participate in cross-functional projects that impact overall billing and accounts receivable.

Necessary Skills: CA/MBA/CMA.

- 10 years of experience in handling billing and collections, accounts receivable, preferably in Capital market/Financial service / Telecom industry.

- Strong knowledge of revenue recognition principles (IND-AS/IFRS), Invoicing principles, collection practices and managing accounts receivable.

- Proficiency in ERP and Automated Billing platforms.

- Experience of implementing new age tools will be a plus.

- Excellent leadership ,communication, and interpersonal skills.

- Strong analytical, problem-solving abilities, data orientation, and proficiency in Excel and reporting tools.