Assistant Manager – Accounts Receivable

YO IT Consulting; Mumbai; On-site; INR 800,000 - 1,200,000; Full time

Job summary

A financial services firm based in Mumbai is seeking an experienced Assistant Manager - Accounts Receivable to oversee end-to-end accounts receivable operations. The ideal candidate will have 5-8 years of experience, strong analytical abilities, and advanced Excel skills. Responsibilities include managing invoicing and collections, preparing detailed MIS reports, and supervising the AR team. This position is critical for improving cash flow and ensuring compliance with internal policies.

Qualifications

• 5-8 years of AR / O2C experience.
• Strong MIS reporting and data analysis experience.
• Experience in handling international clients.

Responsibilities

• Oversee invoicing, billing, and collections processes.
• Prepare and maintain detailed MIS reports.
• Supervise AR team members.

Skills

Advanced Excel skills

Data analysis

Problem-solving

Communication skills

Stakeholder management

Tools

SAP

Oracle

NetSuite

Job description

Job Title

Assistant Manager - Accounts Receivable

Experience: 5 to 8 years

Location: Mumbai

Job Description

The Assistant Manager - Accounts Receivable (AM AR) will manage end-to-end AR operations including invoicing, collections, reconciliation, and reporting. The role requires strong analytical ability, advanced Excel skills, and logical thinking to drive data‑backed decisions, improve processes, and ensure healthy cash flow.

Roles And Responsibilities

Accounts Receivable Management

• Oversee invoicing, billing, and collections processes
• Ensure timely and accurate invoice generation
• Monitor aging reports and take proactive actions

Collections & Cash Flow

• Follow up on outstanding receivables and ensure timely collections
• Work towards reducing DSO and improving cash flow
• Analyze payment patterns and identify collection risks

MIS & Reporting (Key Focus Area)

• Prepare and maintain detailed MIS reports for management
• Generate daily/weekly/monthly AR dashboards
• Analyze trends in receivables, aging, and collections
• Provide actionable insights based on data analysis

Reconciliation & Problem Solving

• Perform customer account reconciliations
• Identify discrepancies and resolve them using logical analysis
• Investigate complex billing/payment issues

Excel & Data Handling (Critical Requirement)

• Use advanced Excel functions (Pivot Tables, VLOOKUP/XLOOKUP, SUMIFS, etc.)
• Handle large datasets efficiently
• Build automated reports and trackers

Team Management

• Supervise AR team members
• Allocate work and monitor performance
• Train team on reporting and process improvements

Client Coordination

• Communicate with clients for collections and issue resolution
• Handle escalations professionally
• Coordinate with internal teams (Sales, Operations)

Compliance & Controls

• Ensure adherence to internal policies and audit requirements
• Maintain proper documentation for audits

Qualifications And Skills

• 5-8 years of AR / O2C experience
• Strong MIS reporting and data analysis experience
• Advanced Excel skills (mandatory)
• Strong logical thinking and problem‑solving ability
• Good communication and stakeholder management skills
• Experience with ERP systems (SAP/Oracle/NetSuite, etc.) will be added advantage

Preferred Skills

• Experience in handling international clients
• Knowledge of GST / taxation
• Process improvement and automation exposure

KPIs / Performance Metrics

• DSO reduction
• Collection efficiency
• Accuracy and timeliness of MIS reports
• Quality of data analysis and insightsAging control and dispute resolution time