Manager - Accounts Receivable - BFSI

General purpose:

- To provide financial, clerical and administrative services to ensure efficient, timely and accurate payment of accounts under his or her control.

Main job tasks and responsibilities:

- Maintain up-to-date billing system

- Generate and send out invoices

- Follow up on, collect and allocate payments

- Carry out billing, collection and reporting activities according to specific deadlines

- Perform account reconciliations

- Monitor customer account details for non-payments, delayed payments and other irregularities

- Research and resolve payment discrepancies

- Generate Age analysis

- Review AR aging to ensure compliance

- Maintain accounts receivable customer files and records

- Follow established procedures for processing receipts, cash etc

- Process credit card payments

- Prepare bank deposits

- Investigate and resolve customer queries

- Process adjustments

- Develop a recovery system and initiate collection efforts

- Communicate with customers via phone, email, mail or personally

- Assist with month-end closing

- Collect data and prepare monthly metrics

Salary Range; 7-12 LPA