Company Overview:

Our company is a leading provider of technology solutions for the financial services industry. We specialize in developing and implementing software platforms that streamline operations, enhance customer experience, and ensure regulatory compliance. Operating across various segments within the financial sector, our solutions are used by banks, insurance companies, and investment firms globally.

Role Overview:

As the Finance Manager (Accounts Receivable), you will be responsible for overseeing the entire accounts receivable function, ensuring timely and accurate collection of payments from clients. You will collaborate closely with the sales, customer service, and finance teams to resolve billing discrepancies, improve collection processes, and maintain strong client relationships. Your work will directly impact the company's cash flow and financial stability by optimizing the accounts receivable cycle.

Key Responsibilities:

- Manage the accounts receivable team, providing guidance and support to ensure efficient and effective operations.

- Develop and implement accounts receivable policies and procedures to improve collection rates and reduce outstanding balances.

- Monitor accounts receivable aging reports and proactively follow up on overdue invoices to minimize financial risk.

- Analyze customer payment patterns and identify potential credit risks to inform credit limit decisions.

- Resolve complex billing disputes and negotiate payment plans with clients to maintain positive relationships.

- Prepare accurate and timely accounts receivable reports for management review to provide insights into cash flow and financial performance.

- Ensure compliance with accounting standards and internal controls related to accounts receivable to maintain data integrity and prevent fraud.

- Collaborate with external auditors during financial audits to provide necessary documentation and support.

Required Skillset:

- Demonstrated ability to manage accounts receivable processes and teams effectively.

- Strong analytical skills to assess credit risk and identify collection opportunities.

- Excellent communication and interpersonal skills to resolve billing disputes and negotiate payment terms.

- Proficiency in using accounting software and ERP systems for accounts receivable management.

- Deep understanding of accounting principles and financial regulations related to accounts receivable.

- Bachelor's degree in Accounting, Finance, or a related field.

- Experience: 3 - 8 years

- Adaptability to work in an on-site environment in Hyderabad.