Assistant Manager Accounts (Recievables)- Retail Sector

Job Purpose

The Assistant Manager – Accounts Receivable is responsible for managing and overseeing the complete Accounts Receivable (AR) function to ensure timely billing, efficient collections, accurate recording of receivables, and strong credit control. The role plays a critical part in maintaining healthy cash flow, minimizing overdue balances and bad debts, ensuring compliance with accounting standards, and supporting organizational financial objectives. The position requires strong technical accounting knowledge, SAP proficiency, analytical capabilities, and the ability to coordinate effectively with internal departments and external stakeholders.

Key Responsibilities

• Oversee the complete Accounts Receivable cycle including invoice generation, verification, posting in SAP, receipt booking, and timely reconciliation of customer accounts.
• Ensure all sales transactions (retail, wholesale, and online/e-commerce) are accurately recorded in SAP in accordance with company policies and accounting standards.
• Monitor customer outstanding balances and ensure collections are made within approved credit terms.
• Review and analyze aging reports on a regular basis and proactively follow up on overdue accounts to minimize outstanding liabilities.
• Maintain Days Sales Outstanding (DSO) within defined company targets and implement strategies to reduce overdue receivables.
• Conduct regular customer ledger reconciliations and resolve discrepancies through coordination with sales, retail, and operations teams.
• Reconcile online sales, marketplace transactions, retail POS sales, and related bank receipts to ensure accuracy of recorded revenue.
• Process and verify credit notes, debit notes, sales returns, discounts, and adjustments in compliance with internal controls.
• Monitor and enforce approved customer credit limits and escalate high-risk accounts where necessary.
• Liaise with banks to confirm receipts, clear unidentified deposits, and ensure accurate bank reconciliation related to customer payments.
• Coordinate with the Tax Department for withholding taxes, GST/Sales Tax, and other statutory requirements related to receivables.
• Support monthly, quarterly, and annual closing activities related to Accounts Receivable.
• Ensure proper documentation and recordkeeping to support internal and external audits, maintaining audit-ready records at all times.
• Prepare and present periodic AR reports, aging analysis, collection forecasts, and management dashboards.
• Provide analytical insights to senior management on receivable trends, credit risks, and collection performance.
• Ensure adherence to internal controls, financial policies, IFRS, and applicable Pakistani GAAP regulations.
• Supervise and guide AR executives in daily operations, ensuring accuracy, productivity, and achievement of collection targets.
• Coordinate effectively with internal departments including Sales, Retail Operations, E-commerce, Warehouse, and Finance teams to ensure seamless receivable processes.
• Perform any other duties assigned by the Sr. Accounts Manager in line with business requirements.

Qualifications & Experience

• ACCA, CA Inter, ACMA, MBA Finance or equivalent qualification.
• 4–6 years of relevant experience in Accounts Receivable within manufacturing, retail, or trading industries.
• Strong working knowledge of SAP B1 and advanced MS Excel.
• Sound understanding of IFRS, Pakistani GAAP, tax regulations, and financial compliance requirements.
• Strong analytical, credit control, and reconciliation skills.
• Excellent communication, negotiation, and problem-solving abilities.
• Ability to work under pressure, manage strict deadlines, and maintain high accuracy levels.

Job Type: Full-time

Pay: Rs100,000.00 - Rs120,000.00 per month

Application Question(s):

• Have you managed the complete Accounts Receivable cycle including invoicing, collections, and reconciliations?
• Do you have experience coordinating with the Tax department for WHT / GST / Sales Tax matters?
• Have you used SAP-B1 or a similar ERP before?

Experience:

• accounts recievable in retail: 3 years (Required)

Work Location: In person