Accounts Recievable - Finance Executive

Orange Health Labs; Bengaluru; On-site; INR 450,000 - 750,000; Full time

Benefits offered by this job

Market-competitive salary

Bi-annual increments

Well-known stock option policy

Collaborative culture

Opportunity to impact health and well-being

Job summary

A leading diagnostics lab in Bengaluru is seeking an Accounts Receivable Finance Executive. This full-time role involves managing the end-to-end accounts receivable cycle, ensuring the company's cash flow remains healthy. The ideal candidate should have 1–3 years of relevant experience, a Bachelor’s degree in commerce, and strong skills in accounting software. Join a fast-paced environment where your contributions will significantly impact financial stability and growth.

Qualifications

• 1–3 years of proven experience in an Accounts Receivable or similar finance role.
• Experience in the healthcare or service industry is a plus.
• Ability to work independently with minimal supervision.

Responsibilities

• Manage end-to-end AR cycle, ensuring healthy company cash flow.
• Record and allocate incoming payments accurately.
• Follow up on overdue accounts and maintain a log of activities.
• Prepare daily AR ageing reports and update collection trackers.

Skills

Attention to detail

Communication skills

Problem-solving skills

Time management

Proficiency in MS Excel

Education

Bachelor’s degree in commerce (B.Com)

Tools

Tally

Zoho Books

QuickBooks

QuickBooks

ERP systems

Job description

About Orange Health

Orange Health is India’s leading on‑demand diagnostics lab for urban Indian consumers, positioned as the fastest diagnostics lab in India. Launched in January 2021, Orange Health Labs has become one of the most loved brands in the healthcare sector, with over 30,000 reviews, the highest Google rating across all its facilities, and an NPS close to 90. With a team of 1,000+ people, we invest in our colleagues’ growth and respect, and our culture is highlighted on our careers page and LinkedIn. Supported by world‑class investors such as Accel, General Catalyst, Y Combinator, Bertelsmann India, Amazon and others, we have been recognised as a Future Unicorn for two consecutive years by Hurun India.

About the Role

We are seeking an Accounts Receivable (AR) Finance Executive to manage the end‑to‑end AR cycle, from invoicing to collections, ensuring healthy and consistent company cash flow. This role is crucial for maintaining financial stability and requires a detail‑oriented, communicative, and persistent individual.

Why Join Us?

• Market‑competitive salary with bi‑annual increments.
• Well‑known stock option policy with exercising rights up to 10 years post‑exit.
• Collaborative culture rated in the top 10 % on Glassdoor.
• Fastest‑growing health‑tech company in India with marquee investors.
• Opportunity to build a product that will significantly impact people’s health and well‑being.

What You’ll Do

Daily Collections & Receipt Management

• Accurately record and allocate all incoming payments (Bank Transfers, UPI, Cheques, etc.) against customer invoices on a daily basis.
• Update the accounting software and internal trackers with daily collection and receipt entries, ensuring all data is current and correct.

Overdue Accounts Follow‑up

• Proactively monitor customer accounts for delayed payments and identify overdue invoices.
• Initiate timely and professional follow‑up communications with clients (B2B and B2C) via email and phone calls for all outstanding payments.
• Maintain a systematic log of all follow‑up activities and payment commitments.

Reporting and Tracking

• Prepare and maintain the daily AR ageing report to provide a clear view of outstanding balances.
• Update the daily collection tracker, measuring performance against targets and providing insights to management.
• Assist in generating periodic AR reports for the finance leadership team.

Reconciliation

• Perform weekly reconciliation of sales data generated by the operations/sales team with the total receipts collected.
• Investigate and resolve any discrepancies found during the reconciliation process in coordination with the relevant departments.

Client Communication & Query Resolution

• Serve as the primary point of contact for clients regarding billing inquiries, invoice details, and payment issues.
• Provide excellent customer service to maintain strong client relationships while ensuring timely payment.

Skills Required

• Educational Background: Bachelor’s degree in commerce (B.Com), Finance, Accounting, or a related field.
• Experience: 1–3 years of proven experience in an Accounts Receivable or similar finance role; experience in the healthcare or service industry is a plus.
• Technical Skills: Proficiency in MS Office, especially MS Excel (VLOOKUP, Pivot Tables, basic formulas); hands‑on experience with accounting software such as Tally, Zoho Books, QuickBooks, or a similar ERP system.
• Exceptional attention to detail and a high degree of accuracy; strong written and verbal communication skills; excellent organizational and time‑management abilities to handle daily tasks efficiently; a persistent and proactive approach to collections; ability to work independently with minimal supervision; strong problem‑solving skills to identify and resolve discrepancies.

Job Details

• Seniority level: Mid‑Senior
• Employment type: Full‑time
• Job function: Finance and Sales
• Industry: Hospitals and Health Care