Minfy Technologies - Assistant Manager - Accounts Receivable

Key Responsibilities:

Invoice Management:

- Timely and accurate generation of customer invoices in line with contract terms, purchase orders, and delivery milestones.

- Ensure tax compliance (GST, TDS) and proper documentation of billing adjustments or credit notes.

Collections & Cash Application:

- Monitor accounts receivable aging and proactively follow up on overdue accounts.

- Drive collection efforts via regular communication with customers and internal stakeholders.

- Reconcile customer payments, resolve unapplied cash, and ensure accurate posting.

Customer Relationship Management:

- Build and maintain strong relationships with clients' finance teams.

- Handle customer queries, disputes, and escalations professionally and promptly.

Reporting & Analysis:

- Generate AR reports including aging summaries, DSO analysis, and collection forecasts.

- Identify at-risk receivables and recommend credit holds or escalations.

Audit & Compliance:

- Support statutory audits and internal control checks with proper documentation.

- Maintain records in line with company policy and regulatory standards.

Process Improvement:

- Streamline AR processes using automation tools or ERP functionalities (e.g, SAP, Oracle, NetSuite).

- Contribute to working capital optimization initiatives.

Key Skills & Competencies:

- In-depth understanding of accounts receivable processes, revenue cycle, and financial controls.

- Strong communication and negotiation abilities.

- High attention to detail and problem-solving mindset.

- Proficient in Excel and financial systems (ERP tools like SAP, Tally, NetSuite, Zoho).

- Familiarity with industry credit practices, invoice factoring, and AR insurance (preferred).

- Ability to work in a fast-paced, target-driven environment.