Assistant Manager(Commercial)

Hirestar job Bank; Malappuram; On-site; INR 1,200,000 - 2,200,000; Full time

Job summary

Hirestar job Bank is seeking an Assistant Manager in Accounts & Finance to oversee receivables, reconciliation, pricing schemes, and financial reporting. The role reports to CFO and requires CMA Final qualification with 5+ years of relevant experience.

Strong Excel and accounting software skills are essential for accurate ledgers and MIS. Responsibilities include leading a team, ensuring timely collections, and coordinating with Sales, Marketing, and Finance for settlements and controls.

Qualifications

• CMA Final qualification is mandatory.
• Minimum 5 years of experience in accounts/finance.
• Strong MS Excel and accounting software proficiency.

Responsibilities

• Lead receivables management and collections efforts.
• Ensure ledger reconciliation and commercial controls.
• Coordinate pricing, schemes, and commercial operations.
• Manage day-to-day team workflow and performance.
• Prepare regular MIS and management reports.

Skills

Leadership

Forecasting

Multi-tasking

Attitude

Personality

Education

CMA Final Qualified

Tools

MS Excel

Accounting software

Job description

JOB DESCRIPTION

KCM/HRD/JD/001 Version 1.0 Last updated: June 2023

DESIGNATION Assistant Manager

(Commercial) DEPARTMENT Accounts & Finance

DIVISION Accounts & Finance

General LOCATION HO

REPORTS TO Chief Finance Officer

JOB LEVEL BAND

Major Function- Job Responsibilities

1. Receivables & Collection Management

Monitor and follow up on All Kerala outstanding receivables, excluding Bismi & Lulu

accounts.

Manage OOK receivables, including follow-up, reconciliation, and finalization.

Conduct regular ageing analysis of customer outstanding balances and initiate corrective actions

for overdue amounts.

Monitor collection targets and coordinate with Sales/Marketing teams to ensure timely

realization of outstanding payments.

Follow up on Pro Cap, Udaan, and other payment-related matters and maintain regular

communication with relevant stakeholders.

Track overdue accounts and escalated critical outstanding cases to the management.

2. Ledger Reconciliation & Commercial Controls

Ensure timely reconciliation of customer ledgers and resolve discrepancies in coordination with

Accounts Receivable and concerned departments.

Review pending figures, debit/credit balances, claims, deductions, and other customer-related

outstanding items.

Ensure proper documentation and accounting support for commercial transactions.

Monitor and ensure timely clearance of pending items in customer ledgers.

Support internal and external audits by providing required commercial and receivable-related

documentation.

3. Pricing, Schemes & Commercial Operations

Verify and confirm price lists, item rates, schemes, discounts, and promotional structures.

Coordinate with Category, Sales, Marketing, and Finance teams for preparation and

implementation of commercial schemes.

Review scheme applicability and ensure proper communication to relevant stakeholders.

Support finalization and accounting of kitty, promotional claims, and other commercial

settlements.

Identify pricing or scheme discrepancies and coordinate with concerned teams for resolution.

4. Team & Workflow Management

Manage and monitor the day-to-day workflow of the assigned commercial/receivables team.

Allocate responsibilities and ensure timely completion of assigned activities.

Review team performance and ensure adherence to defined processes and timelines.

Guide team members in reconciliation, collection follow-up, commercial documentation, and

reporting activities.

Coordinate with internal departments to resolve operational and commercial issues.

5. MIS, Analysis & Management Reporting

Prepare and review regular reports on outstanding receivables, ageing, collections,

reconciliations, schemes, and commercial transactions.

Provide management with periodic updates on collection status, overdue accounts, pending

reconciliations, and critical issues.

Analyse receivables trends and highlight risks affecting cash flow and collection efficiency.

Prepare fortnightly/monthly commercial and receivables reports as required.

Provide>

Criteria

Proficiency Level

Basic Competent Advanced

1. Leadership

2. Forecasting and analytical skills.

3. Personality.

4. Multi-tasking skill.

5. Attitude

Qualification

CMA Final Qualified

Additional Skills

MS Excel

Accounting software.

Experience

Minimum 5 years.

Name Designation Signature Date

Immediate

Supervisor

Department

Manager

HR Manager

Employee Details

Name :

ID No :

Signature :

Skillset Required: Receivables Management, Collection Management, Outstanding Receivables Monitoring, Reconciliation, Ageing Analysis, Customer Ledger Reconciliation, Commercial Controls, Documentation, Accounting Support, Internal and External Audits Support, Pricing, Price Lists Verification, Item Rates Verification, Schemes, Discounts, Promotional Structures, Coordination with Category, Sales, Marketing, and Finance Teams, Commercial Settlements Finalization, Team Management, Workflow Management, Performance Review, Process Adherence, Reconciliation Guidance, Collection Follow-up Guidance, Commercial Documentation, Reporting Activities Coordination, MIS, Analysis, Management Reporting, Report Preparation, Receivables Trends Analysis, Risk Highlighting, MS Excel, Accounting software