Lead Accounts Receivables

Education

• Masters / Equivalent Degree.

Experience

• Minimum 3-4 years
• Recent and Major experience in only Accounts Receivable.

Requisites for the Role

• Strong understanding of SAP (AR modules).
• Knowledge of CDMO/CRO project structures and billing frameworks (milestone-based, cost-plus, pass-through).
• Ability to interpret and track contractual billing schedules and deliverables.
• Good Excel skills for reconciliations and reporting.
• Familiarity with audit processes and documentation.
• Strong communication to coordinate with internal project managers and external customers.

Roles and Responsibilities

• Prepare down payment requests in SAP.
• Post incoming payments in SAP.
• Confirm receipt of incoming payments with bank statements.
• Post sales invoices, credit notes, and debit notes in SAP.
• Reconcile customer ledgers on a monthly basis to ensure all transactions are accurately captured.
• Prepare sales team analysis reports for review of collections performance and sales trends.
• Track project milestones and deliverables as per CDMO/CRO agreements to ensure timely invoicing tied to contractual terms (e.g., stage-gate billing based on development, clinical, or manufacturing milestones).
• Coordinate closely with project management and commercial teams to obtain milestone completion evidence for billing purposes.
• Prepare and submit Statements of Expenses (SACs) for clients in alignment with project cost-sharing agreements, ensuring supporting documentation and compliance with contractual obligations.
• Manage pass-through cost invoicing (e.g., raw materials, third-party testing, regulatory fees) to clients, verifying backup documentation and correct application of mark-ups or administrative fees as per contract.
• Maintain a schedule of active contracts with key billing terms, milestone due dates, and related triggers for proactive collections.
• Assist in annual statutory and internal audits by preparing reconciliations, schedules, and providing supporting documents related to receivables and project billing.
• Support financial reporting on aged receivables, unbilled revenue, and WIP related to CDMO/CRO projects for management and statutory purposes.
• Perform any additional tasks or special assignments delegated by management.

Job Type: Full-time

Pay: From Rs90,000.00 per month

Work Location: In person