Assistant Manager - Finance (AR)

Chai Point; Bengaluru; On-site; INR 1,400,000 - 1,800,000; Full time

Job summary

Chai Point Bengaluru is seeking an Assistant Manager – Accounts Receivable to own the end-to-end AR lifecycle, from invoicing to collections and reporting. You will ensure accurate GST, TDS and Ind-AS compliance while maintaining strong customer and internal stakeholder relationships.

The role requires 4–7 years in AR/O2C with ERP experience and strong Excel skills. At Bengaluru on-site location, this position offers growth within a fast-paced beverages company.

Qualifications

• 4–7 years in Accounts Receivable, O2C, or shared services environments.
• Hands-on experience with Ind‑AS / AS revenue recognition, GST, TDS, and MSME compliance.
• Bachelor or MBA in Finance; CA Inter preferred.

Responsibilities

• Own end-to-end AR lifecycle: invoicing, revenue recognition, collections and reporting.
• Ensure GST, TDS and other statutory deductions are correctly applied on invoices.
• Prepare AR ageing reports, monitor DSO, and drive cash application accuracy.
• Coordinate with customers to resolve billing discrepancies and adjust credit notes.
• Support GST return filings (GSTR‑1, GSTR‑3B) with AR data and reconciliations.

Skills

Advanced Excel

AR reporting

Data analysis

Education

B.Com / BBA

CA Inter / MBA (Finance) preferred

Tools

Tally

SAP

Oracle

Zoho Books

Job description

• The Assistant Manager – Accounts Receivable will own the end-to-end AR lifecycle, from invoicing and revenue recognition to collections, reconciliation, and reporting. This role ensures timely cash realization, accurate debtor ageing, and compliance with Ind-AS, GST, and TDS regulations while maintaining strong relationships with customers and internal stakeholders.

Key Responsibilities

Invoicing & Revenue Accounting

• Generate and issue accurate, timely customer invoices aligned with contractual terms and delivery milestones.
• Ensure correct application of GST, TDS, and other statutory deductions on all invoices.
• Book revenue as per Ind-AS 115 (Revenue from Contracts with Customers) and maintain supporting documentation for audit readiness.
• Reconcile invoicing data with sales orders, delivery challans, and e‑way bills to prevent billing disputes.

Collections & Cash Application

• Monitor customer accounts and proactively follow up on overdue payments to minimize Days Sales Outstanding (DSO).
• Prepare and review AR ageing reports weekly; escape high-risk accounts to management with recommended actions.
• Apply incoming cash receipts accurately against open invoices and resolve unapplied or short‑paid amounts promptly.
• Coordinate with customers to resolve billing discrepancies, credit notes, and debit adjustments.
• Perform monthly reconciliation of AR sub‑ledger with the general ledger; investigate and close variances.
• Track TDS credits deducted by customers and ensure timely reflection in Form 26AS; follow up on mismatches.
• Support GST return filings (GSTR‑1, GSTR‑3B) by providing accurate AR data and reconciliations.
• Maintain MSME compliance by ensuring timely payments to vendors where applicable and monitoring regulatory updates.

Reporting & Process Improvement

• Prepare monthly AR dashboards for management, including DSO, collection efficiency, top delinquent accounts, and bad debt provisions.
• Identify process gaps in O2C workflows and implement controls to improve accuracy, reduce cycle time, and enhance audit readiness.
• Document SOPs for invoicing, collections, cash application, and dispute resolution; train junior team members on adherence.

Qualifications & Skills

• B. Com / BBA in Accounting or Finance; CA Inter / MBA (Finance) preferred.

Experience

• 4–7 years in Accounts Receivable, O2C, or shared services environments; exposure to Indian private limited companies or MNCs. Hands‑on experience with Ind‑AS / AS revenue recognition, GST, TDS, and MSME compliance.

Technical Skills

• Advanced Excel (pivot tables, VLOOKUP/XLOOKUP, SUMIFS, macros) for AR analysis and reporting.
• Proficiency in ERP systems (Tally, SAP, Oracle, Zoho Books, or similar) for invoicing and reconciliation.
• Strong analytical skills to interpret AR metrics and drive data‑backed decisions.

Soft Skills

• Excellent communication and negotiation skills for customer interactions and internal alignment.
• Detail‑oriented with ability to manage multiple priorities in a fast‑paced environment.
• Leadership potential to mentor junior AR executives and drive team performance.