About the Company :
Responsible for overseeing all aspects of B2B receivables. This includes managing the invoicing process, ensuring timely collections, resolving discrepancies, and optimizing the company's cash flow.
The AR Manager will lead a team of accounts receivable specialists and work closely with other departments, such as sales and customer service, to ensure accuracy and efficiency in billing and collections.
This position will report to the CFO.
About the Role :
Leadership & Management : Lead and supervise the accounts receivable team based in India, providing guidance, training, and performance evaluations.
Set goals and objectives for the AR department, ensuring alignment with company goals. Monitor team performance and provide ongoing feedback to optimize efficiency.
Invoicing & Collections : Oversee the preparation and distribution of invoices to customers. Ensure timely collection of outstanding invoices to meet cash flow objectives.
Implement and maintain a system for tracking outstanding receivables. Develop and enforce a collection policy to minimize overdue accounts and bad debt.
Credit Management : Review and assess customer creditworthiness, setting appropriate credit limits. Work with the sales team to manage customer relationships while balancing risk.
Approve or escalate for new and existing customers.
Dispute Resolution : Address customer disputes regarding invoices, working to resolve discrepancies. Collaborate with internal departments to investigate and correct billing issues.
Negotiate payment plans with customers when necessary.
Reporting and Analysis : Prepare regular reports on accounts receivable status, aging, and collections performance. Analyze AR data to identify trends and areas for improvement.
Provide management with insights and recommendations to optimize receivables and cash flow.
Compliance & Audit : Ensure compliance with company policies and accounting regulations. Support internal and external audits related to accounts receivable.
Maintain accurate and up-to-date records of all receivable transactions.
Qualifications :
- 5+ years of experience managing B2B accounts receivables.
- Bachelor's degree in Finance, Accounting, Business Administration, or a related field.
Required Skills :
- Strong experience managing a global team.
- Ability to manage large volumes of receivables with small customers with varying pay cycles.
- Demonstrated aggressive approach to collections.
- Ability to be assertive with the sales team when collaborating on customer collections.
- Strong knowledge of accounting principles and financial management.
- Proficiency in accounting software and Microsoft Excel.
- Excellent communication, negotiation, and interpersonal skills.
- Strong analytical skills and attention to detail.
- Ability to work independently and lead a team in a fast-paced environment.
Qualified candidates please send a resume to [email protected]