Account Receivable

Location: Gurgaon
Department: Finance
Reports to: Accounts Receivable - Senior Executive
Experience: 4-6 Years

Key Responsibilities

Core Accounts Receivable Management:

• Manage the end-to-end accounts receivable process for a dedicated portfolio of clients.
• Generate and send out invoices, statements, and payment reminders accurately and in a timely manner.
• Accurately apply cash receipts to customer accounts and reconcile discrepancies.

Proactive Collection & Tight Follow-Up:

• Execute a structured and relentless collection strategy through phone calls, emails, and formal communications.
• Tightly follow up on overdue accounts by implementing a systematic contact cycle to ensure payments are received by the due date.
• Make the payment happen by clearly communicating payment expectations, negotiating payment plans when necessary, and escalating issues proactively.
• Maintain a detailed and real-time log of all collection activities in the ERP system.

Client & Internal Collaboration:

• Build and maintain strong relationships with client's finance departments to facilitate smooth payment processes.
• Work closely with the sales and account management teams to resolve client disputes and billing issues that may delay payment.
• Provide regular updates to the Finance Manager on the status of collections and potential bad debt risks.

Reporting and Analysis:

• Prepare weekly and monthly Accounts Receivable aging reports with insightful commentary on delinquent accounts.
• Monitor key performance indicators (KPIs) such as DSO, Collection Effectiveness Index (CEI), and percentage of overdue invoices.
• Identify trends in payment delays and recommend process improvements to prevent future occurrences.

Required Qualifications & Experience

• Education: Bachelor's degree in Finance, Accounting, Commerce, or a related field.
• Experience: 4 to 6 years of proven experience in a core Accounts Receivable or Collections role, with a demonstrable track record of reducing DSO.
• Technical Skills: Proficiency in MS Office (especially Excel for pivot tables and v-lookups) and experience with ERP software (e.g., Tally, SAP, Oracle).

Job Types: Full-time, Permanent

Pay: ₹25,000.00 - ₹30,000.00 per month

Benefits:

• Leave encashment
• Provident Fund

Work Location: In person