Accounts Receivable Assistant

Hoya Vision Care; Navi Mumbai; On-site; INR 600,000 - 900,000; Full time

Job summary

Hoya Vision Care is seeking a capable Credit Control Specialist to oversee accounts receivable, credit checks, and process improvements from its Navi Mumbai offices. The role emphasizes timely collections, accurate ERP postings, and collaboration with sales to forecast cash flows.

The ideal candidate will have 4-5 years in credit control or AR, strong Excel and ERP skills, and a solid understanding of credit risk. Auditing exposure is a bonus in a fast-paced environment.

Qualifications

• Bachelor's degree in commerce or finance required; 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

• 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.
• 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.
• 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.
• 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.

Skills

Negotiation

Follow-up

Interpersonal skills

Credit risk assessment

AR reconciliation

Dispute resolution

Education

Bachelor's degree in commerce or finance

CMA Inter or equivalent

Tools

MS Excel

SAP

Navision

Oracle

Tally

Job description

Major Responsibilities

• 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.
• 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.
• 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.
• 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