- Assure timely collection of monies due to Lenovo - Work with cross functional teams to ensure processes are designed in such a way that the collection of money and forms is smooth and timely. - Work closely with the legal function and other stakeholders to take actions as necessary for collections of AR and statutory forms. - Design and implement an optimum process for balance confirmation of AR balances and reconcile them on regular basis to avoid surprises, disputes with customers, etc - Monitor and report on deviations from credit standards - Meets accounts receivable operational standards by contributing information to strategic plans and reviews; implementing production, productivity, quality, and customer-service standards; resolving problems; identifying system improvements. - Make recommendations to improve quality of invoicing and collection procedures - Regular reporting of key performance /financial indicators of the functions. - Manage proper recording and application of cash, management of outstanding invoices, and direct interfacing with customers on collection matters and dispute resolution - Support Management by providing timely and accurate payment and account standing information - Has complete ownership of monthly AR close process including reconciliation of the AR sub-ledger to the General Ledger. Also prepare monthly AR activity and tie-back to the AR Aging - Manage the monthly reconciliation of other AR related accounts (such as unapplied cash, unclaimed credits, clearing, accrual, bad debt, charge-backs, withholding and sales tax) - Support cross-functional projects to improve business results identified by Dispute team - Assist with special projects as assigned or identified - Meets accounts receivable financial standards by providing annual accounts receivable budget information;; identifying variances; implementing corrective actions. - Investigating circumstances of non-payment; negotiating and resolving conflicts; expediting payment. - Supports financial planning by forecasting cash, AR balances, Bad and doubtful provision impact on financial statements, DSO matters. - Updates receivables by coordinating and monitoring daily sales order processing and bank remittance transactions. - Maintains financial security by adhering to internal accounting controls. - Protects organization's value by keeping information confidential. - Updates job knowledge by participating in educational opportunities; reading professional publications; maintaining personal networks. - Accomplishes accounting and organization mission by completing related results as needed. Position Requirements: Education Bachelors Degree/PG or Equivalent Business Experience - 7-10 years of experience in Account Receivables/Dispute Management. Competencies - Proven track record of delivering results in metrics-driven operational environment - Strong communication and negotiating skills - Ability to work in a culturally diverse environment Languages - Fluent Business English (oral and written) Computer skills SAP knowledge

Bangalore

Lenovo - Manager - Accounts Receivable 

Lenovo - Manager - Accounts Receivable  ,Job Description for Lenovo - Manager - Accounts Receivable  in Lenovo in  Bangalore for (7-16) years of experience. Apply Now!

Job Description for Lenovo - Manager - Accounts Receivable  in Lenovo in  Bangalore for (7-16) years of experience. Apply Now!