Function - Finance and Accounts

Sub Function - Accounts Receivables

Designation - Group Manager

Key Responsibilities:

Accounts Receivables Management

- Oversee end-to-end accounts receivable processes, including invoicing, collections, and reconciliations.

- Lead team to raise invoices on a T+2 basis, ensuring all revenue entries are accurately reflected in the accounting system

- Monitor and ensure timely collections from clients and partners while maintaining a positive client relationship.

- Conduct monthly reconciliation of AR sub-ledger to the General Ledger (GL), maintaining accuracy rate with zero unreconciled items by month-end close.

- Lead team to follow a compliance checklist specific to GST application in billing, achieving 100% adherence to GST regulations.

- Develop and implement strategies to reduce days sales outstanding (DSO) and improve cash flow.

- Design and implement a record retention policy for AR documents, ensuring 100% compliance with internal and external audit requirements

- Prepare monthly audit schedules and address audit queries within a 48-hour timeframe, achieving a zero-audit observation rate for the AR function.

- Lead team to develop a real-time dashboard for internal reporting on AR metrics

Team Leadership

- Lead and mentor the accounts receivables team, ensuring high performance and professional growth.

- Establish clear KPIs for the team and monitor performance against objectives.

Stakeholder Collaboration

- Collaborate with the sales and account management teams to resolve billing discrepancies and improve processes.

- Maintain strong communication with clients to address payment delays and resolve disputes effectively.

Process Optimization

- Identify process inefficiencies and implement automation and system improvements to enhance productivity.

- Establish and maintain strong internal controls to safeguard the company's receivables.

Reporting & Compliance

- Prepare regular accounts receivable aging reports, unbilled report, and provide actionable insights to management.

- Reconciliation of revenue from Order Management System and books

- Reconciliation of retail revenue with PG report

- Ensure compliance with accounting standards and company policies related to revenue and receivables.

Risk Management

- Assess creditworthiness of clients and establish appropriate credit limits and terms.

- Proactively identify and mitigate risks related to receivables.

Qualifications & Skills

- Bachelor's and Masters degree in Accounting, Finance, or related field

- Minimum of 8 years of experience in accounts receivables, with at least 3 years in a leadership role.

- Strong knowledge of AR processes, financial systems, and ERP tools (e.g., SAP, Oracle, or equivalent).

- Proven ability to lead a team and manage high-pressure situations effectively.

- Excellent analytical, problem-solving, and decision-making skills.

- Exceptional communication and interpersonal skills.

- Experience in the healthtech industry is a plus.