Assistant Manager-Receivables

Omnivore; Hyderabad; On-site; INR 600,000 - 900,000; Full time

Job summary

Sid's Farm in Hyderabad is seeking an Assistant Manager – Receivables to manage the end-to-end accounts receivable function, ensure accuracy of customer balances, and monitor ageing. This role involves coordinating with Sales and Operations to achieve timely collections and maintain strong controls over all receivable transactions.

The ideal candidate will be a finance professional capable of identifying what is outstanding, why it is outstanding, when it is expected to be collected, and what

Qualifications

• Ideal candidate should be a finance professional who can control the receivables function and clearly identify what is outstanding, why it is outstanding, when it is expected to be collected, and what action is required for recovery.

Responsibilities

• Manage the end-to-end receivables process, including customer ledger scrutiny, receipt accounting, reconciliation, and ageing.
• Maintain strong control over customer receipts, ensuring timely identification, accounting, and allocation against customer/invoice balances.
• Prepare and monitor customer-wise receivables ageing, identifying overdue and high-risk balances.
• Conduct regular receivables reconciliation between customer ledgers, bank receipts, invoices, credit notes, and other adjustments.
• Monitor and clear unallocated receipts, customer advances, and long‑pending reconciliation items.
• Coordinate with Sales/Operations teams for timely collection and resolution of customer disputes and outstanding balances.
• Review customer balances and highlight overdue collections, unusual balances, and credit risks to management.
• Review and supervise the work of the Receivables Executives/team, including receipt accounting, reconciliations, ageing, and customer ledger scrutiny.
• Ensure timely and accurate month‑end/year‑end receivables closure and provide schedules for audit and management reporting.
• Prepare receivables MIS covering ageing, collections, overdue balances, unallocated receipts, and reconciliation status.

Job description

Company Overview:

At Sid's Farm, we are a dedicated D2C brand committed to delivering 100% pure dairy products of the highest quality. Every drop of milk and product we offer embodies our promise of purity, quality, and safety. Founded in 2013 and named after our founder’s son, Sid, our company reflects a father’s commitment to providing the best for families and future generations. What began as a service to a few families has grown into a proud community, now serving over 25,000 families.

Our employees are our greatest Cheerleaders and Assets, and we are committed to fostering a culture of Growth and Development. We provide ample opportunities for professional advancement, ongoing training, and mentorship to help our team members reach their full potential. At Sid’s Farm, we are passionate about ensuring that every product we produce meets the highest standards for you and your loved ones, while also creating a workplace where our employees can thrive and contribute meaningfully.

We are growing like never before, expanding our horizons in Hyderabad, Bangalore, and a few more locations soon. We are a solid family of 500+ employees and we are looking forward to more Culture Champions to enable every individual’s growth story.

Job Summary

Assistant Manager – Receivables

Department: Finance & Accounts

Reporting To: Manager – Finance / Finance Head

Job Purpose

Responsible for managing and controlling the Accounts Receivable function, ensuring accurate customer balances, timely receipt accounting, effective collection monitoring, receivables reconciliation, and ageing management.

Key Responsibilities

• Manage the end-to-end receivables process, including customer ledger scrutiny, receipt accounting, reconciliation, and ageing.
• Maintain strong control over customer receipts, ensuring timely identification, accounting, and allocation against customer/invoice balances.
• Prepare and monitor customer-wise receivables ageing, identifying overdue and high-risk balances.
• Conduct regular receivables reconciliation between customer ledgers, bank receipts, invoices, credit notes, and other adjustments.
• Monitor and clear unallocated receipts, customer advances, and long- pending reconciliation items.
• Coordinate with Sales/Operations teams for timely collection and resolution of customer disputes and outstanding balances.
• Review customer balances and highlight overdue collections, unusual balances, and credit risks to management.
• Review and supervise the work of the Receivables Executives/team, including receipt accounting, reconciliations, ageing, and customer ledger scrutiny.
• Ensure timely and accurate month‑end/year‑end receivables closure and provide schedules for audit and management reporting.
• Prepare receivables MIS covering ageing, collections, overdue balances, unallocated receipts, and reconciliation status.

Key KPIs

• Receivables reconciliation accuracy
• Timely and accurate receipt accounting
• Reduction in overdue receivables
• Reduction in unallocated/unidentified receipts
• Accuracy of receivables ageing
• Timely customer reconciliation and dispute resolution
• Timely month‑end closure
• Effective review and supervision of the receivables team

Ideal Candidate

A finance professional who can control the receivables function, not merely perform accounting entries, with the ability to clearly identify what is outstanding, why it is outstanding, when it is expected to be collected, and what action is required for recovery.

Why Sid’s Farm?

• 1 Innovative Culture - With a commitment to quality and innovation, you’ll be part of a forward‑thinking team that values fresh ideas and approaches with a new vision to act upon. If you’re passionate about high‑quality dairy products and ideas, working at Sid's Farm allows you to be part of a team that shares that commitment and creativity.
• 2 Sustainability Focus: Sid's Farm prioritizes sustainable practices, allowing employees to contribute to environmentally friendly initiatives and feel good about their impact. Visit our Farm to gain a deeper understanding of what we do.
• 3 Growth Opportunities - As a growing company, there are ample chances for career advancement and professional development, allowing you to evolve alongside the business as you would be handling every nerve of the business. Working in a growing D2C Brand just elevates your learning curve by leaps and bounds.
• 4 Community Engagement - Sid's Farm actively engages with local communities, providing employees with opportunities to participate in outreach programs and make a difference.
• 5 Strong Values - The company emphasizes transparency, integrity, and customer satisfaction, fostering a positive and ethical work environment.
• 6 Doing what you Love - Here you will always end up doing what you love and in a more liberal way. Ideas and actions have no boundaries here as long as you have figured it all out.