Assistant Manager – Accounts Receivable

Knowbiliti; Delhi; On-site; INR 600,000 - 1,000,000; Full time

Job summary

A leading manufacturing firm seeks an Assistant Manager Accounts Receivable to oversee the processing of accounts receivable transactions. The role involves collaboration with sales and customer service teams to ensure timely payments and compliance with company policies. The ideal candidate should have 3-5 years of relevant experience and a degree in accounting or finance, with ERP experience preferred.

Qualifications

• Minimum 3-5 years of experience in accounts receivable or credit management.
• Strong understanding of accounting principles and receivables management.
• Experience managing high-value customer accounts.

Responsibilities

• Monitor and manage the accounts receivable ledger.
• Coordinate with customers and sales teams on billing discrepancies.
• Generate and analyze accounts receivable reports.

Skills

Accounts Receivable Management

Credit Control

Reporting & Analysis

Collaboration with teams

Education

Degree in Accounting, Finance, Commerce, or related field

CMA, MBA (Finance), or M.Com

Tools

ERP systems (SAP, Oracle)

Microsoft Excel

Job description

Job Description: Assistant Manager Accounts Receivable (Manufacturing Industry).

Location: Mumbai.

Department: Finance & Accounting.

Reports To: Finance Manager / Senior Accounts Receivable Manager.

Job Summary:

– The Assistant Manager – Accounts Receivable will be responsible for managing and overseeing the timely and accurate processing of accounts receivable transactions for the manufacturing unit.

– This role requires collaboration with the sales and customer service teams to ensure that payments are collected on time and that outstanding receivables are minimized.

– The Assistant Manager will also ensure compliance with company policies and procedures related to credit, billing, and collections.

Key Responsibilities:

Accounts Receivable Management:

– Monitor and manage the accounts receivable ledger to ensure the timely collection of outstanding payments.

– Coordinate with customers, sales, and logistics teams to resolve billing discrepancies and credit issues.

– Ensure all customer invoices are raised correctly and promptly, and follow up on overdue payments.

– Process receipts and allocate payments accurately to the appropriate accounts.

Credit Control:

– Review customer credit limits and credit risk assessments in line with company policies.

– Perform regular credit checks and assessments on existing and new customers.

– Ensure timely follow-up and collection of overdue invoices professionally.

– Report on bad debts, and uncollected accounts, and provide recommendations for necessary actions.

Reporting & Analysis:

– Generate and analyze accounts receivable reports and ensure accurate recording in the general ledger.

– Compliance & Process Improvement.

– Ensure all accounts receivable processes comply with company policies, accounting standards, and regulatory requirements.

Required Skills & Qualifications:

Education:

– Degree in Accounting, Finance, Commerce, or a related field.

– A professional certification such as CMA, or MBA (Finance), M.com is an added advantage.

Experience:

– Minimum 3-5 years of experience in accounts receivable or credit management, preferably in a manufacturing environment.

– Strong understanding of accounting principles, practices, and receivables management.

– Experience with ERP systems (SAP, Oracle, or similar) and Microsoft Excel.

– Experience in managing high-value customer accounts and exposure to credit control practices.