Accounts Receivable Assistant

Hoya Vision Care; Mumbai; On-site; INR 600,000 - 800,000; Full time

Job summary

Hoya Vision Care is seeking a qualified Credit Controller/Accounts Receivable specialist in Mumbai to manage collections, credit checks, and reporting. The role involves coordinating with sales, maintaining ledgers, and ensuring timely cash receipts.

Ideal candidates have 4-5 years in credit control, proficiency in MS Excel and ERP systems, and strong negotiation skills. Bachelor’s in commerce/finance and CMA Inter preferred; on-site role with ERP exposure.

Qualifications

• Bachelor's degree in commerce or finance; CMA Inter or equivalent preferred.
• 4-5 years of experience in credit control, accounts receivable, or related roles.
• Proficiency in MS Excel and ERP systems (SAP, Navision, Oracle, Tally, etc.).
• Strong negotiation, follow-up, and interpersonal skills.
• Good understanding of credit risk assessment and AR reconciliation.
• Experience in dispute resolution and customer account management.
• Exposure to audit processes and financial reporting is an advantage

Responsibilities

• Accounts Receivable & Collections: monitor overdue payments and follow up with customers.
• Credit Risk Management: conduct checks and recommend limits; monitor limits.
• Reporting & Analysis: prepare ageing reports and commentary; support cash flow forecasting.
• Audit & Compliance: assist audits and ensure policy compliance.

Skills

MS Excel

ERP systems

Negotiation

Follow-up

Interpersonal skills

Education

Bachelor's degree in commerce or finance

CMA Inter or equivalent

Tools

SAP

Navision

Oracle

Tally

Job description

Major Responsibilities

a) Accounts Receivable & Collections

• Monitor customer accounts to identify overdue payments.
• Proactively follow up with customers via calls, emails, and statements to ensure timely collections.
• Allocate incoming payments accurately in the ERP system and perform bank reconciliation.
• Accounting and processing of credit notes related to sales returns, customer schemes, and trade discounts.
• Maintain up-to-date customer ledgers and ageing reports.
• Liaise with the sales team to resolve billing disputes and hold/release orders based on payment status.
• Coordinate with the Sales team to obtain rolling three-month cash collection forecasts, conduct weekly follow-ups, and monitor collections to ensure alignment with projected targets.

b) Credit Risk Management

• Conduct credit checks for new and existing customers.
• Recommend credit limits based on customer financial history and payment patterns.
• Monitor and review customer credit limits periodically.

c) Reporting & Analysis

• Prepare weekly and monthly ageing reports with commentary for management.
• Prepare bad debt provision simulations based on projected cash collections and assess the potential impact on financial results.
• Highlight potential bad debts and initiate escalation procedures where required including legal.
• Provide inputs for cash flow forecasting based on collection trends.

d) Audit & Compliance

• Support statutory and internal audits by providing AR-related data and reconciliations.
• Ensure compliance with company credit policies and applicable regulations.
• Assist in drafting and implementing SOPs for credit control processes.

Required Candidate Attributes

• Bachelor s degree in commerce or finance; CMA Inter or equivalent preferred.
• 4-5 years of experience in credit control, accounts receivable, or related roles.
• Proficiency in MS Excel and ERP systems (SAP, Navision, Oracle, Tally, etc.).
• Strong negotiation, follow-up, and interpersonal skills.
• Good understanding of credit risk assessment and AR reconciliation.
• Experience in dispute resolution and customer account management.
• Exposure to audit processes and financial reporting is an advantage

Disclaimer: This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.