AR Manager

Michael Page; Navi Mumbai; On-site; INR 1,400,000 - 2,100,000; Full time

Job summary

Michael Page is partnering with a leading industrial manufacturing group in Navi Mumbai to recruit an experienced Manager/Senior Manager, Accounts Receivable. The role will independently manage a high-value AR portfolio, coordinating across sales and operations to monitor terms, invoicing, deliveries and payments.

Candidates should have 8–12 years in AR, credit control or order-to-cash, with exposure to manufacturing and MS Dynamics 365; strong communication and stakeholder management are

Qualifications

• Be a graduate in Finance, Accounting, Commerce, or a related discipline
• Have approximately 8 to 12 years of experience in Accounts Receivable, collections, credit control, or order-to-cash
• Have experience independently managing a customer, market, regional, or product portfolio
• Preferably have experience in manufacturing, engineering, industrial equipment, or capital goods
• Have a good understanding of customer advances, milestone-based payments, bank guarantees, letters of credit, and commercial documentation
• Preferred to have a working knowledge of Microsoft Dynamics 365 and MS Excel
• Have exposure to CRM systems, which would be an added advantage
• Possess strong communication, customer follow-up, negotiation, and stakeholder-management skills
• Be comfortable coordinating with sales, operations, finance, customers, and regional teams

Responsibilities

• Independently managing Accounts Receivable for an assigned market or product segment
• Managing relevant activities across the end-to-end order-to-cash cycle
• Coordinating with sales and operations to monitor order status, commercial terms, invoicing, delivery milestones, and payments
• Tracking customer advances, milestone-based payments, retention amounts, and final payments
• Following up with customers to ensure timely collection of outstanding receivables
• Preparing and reviewing customer-wise ageing reports, overdue summaries, and collection forecasts
• Conducting customer account reconciliations and resolving billing, payment, and ledger discrepancies
• Monitoring bank guarantees, letters of credit, SBLCs, and related commercial documentation
• Identifying delayed or high-risk receivables and escalating material concerns to the AR Lead
• Maintaining accurate customer and transaction records in Microsoft Dynamics 365
• Supporting month-end closing, AR reporting, cash-flow forecasting, and audit requirements
• Contributing to improvements in DSO, collections, processes, and working-capital efficiency

Skills

Accounts Receivable

Credit control

Negotiation

Stakeholder management

Customer follow-up

Education

Finance/Accounting/Commerce degree

Tools

Microsoft Dynamics 365

MS Excel

CRM systems

Job description

• Independently manage a high-value accounts receivable portfolio


• Partner with commercial teams in a growing industrial business

About Our Client

Our client is an established industrial manufacturing company serving customers across multiple sectors. The organisation has a strong market presence and is focused on expanding its operations and strengthening its finance capabilities. Location - Navi Mumbai

Job Description

Reporting to the Accounts Receivable Lead, the Manager/Senior Manager, Accounts Receivable will independently manage an allocated portion of the company's product-related AR portfolio. The portfolio will be assigned based on a specific market or product segment.

• Independently managing Accounts Receivable for an assigned market or product segment


• Managing relevant activities across the end-to-end order-to-cash cycle


• Coordinating with sales and operations to monitor order status, commercial terms, invoicing, delivery milestones, and payments


• Tracking customer advances, milestone-based payments, retention amounts, and final payments


• Following up with customers to ensure timely collection of outstanding receivables


• Preparing and reviewing customer-wise ageing reports, overdue summaries, and collection forecasts


• Conducting customer account reconciliations and resolving billing, payment, and ledger discrepancies


• Monitoring bank guarantees, letters of credit, SBLCs, and related commercial documentation


• Identifying delayed or high-risk receivables and escalating material concerns to the AR Lead


• Maintaining accurate customer and transaction records in Microsoft Dynamics 365


• Supporting month-end closing, AR reporting, cash-flow forecasting, and audit requirements


• Contributing to improvements in DSO, collections, processes, and working-capital efficiency

The Successful Applicant

The successful applicant should:

• Be a graduate in Finance, Accounting, Commerce, or a related discipline


• Have approximately 8 to 12 years of experience in Accounts Receivable, collections, credit control, or order-to-cash


• Have experience independently managing a customer, market, regional, or product portfolio


• Preferably have experience in manufacturing, engineering, industrial equipment, or capital goods


• Have a good understanding of customer advances, milestone-based payments, bank guarantees, letters of credit, and commercial documentation


• Preferred to have a working knowledge of Microsoft Dynamics 365 and MS Excel


• Have exposure to CRM systems, which would be an added advantage


• Possess strong communication, customer follow-up, negotiation, and stakeholder-management skills


• Be comfortable coordinating with sales, operations, finance, customers, and regional teams

What's on Offer

• Opportunity to independently manage a high-value AR portfolio


• Exposure to complex and milestone-based commercial transactions


• Close collaboration with the AR Lead, sales, operations, and finance teams


• Opportunity to contribute directly to collections and working-capital performance


• Scope to grow within a structured and expanding finance function