Collections Manager

Indofast Energy; Bengaluru; On-site; INR 1,000,000 - 1,500,000; Full time

Job summary

A leading energy company in Bengaluru is seeking an experienced Accounts Receivable Manager to oversee collections and manage receivables across India. The ideal candidate will have over 5 years of experience in accounts receivable or credit management, with at least 2 years in a managerial position. This role requires proficiency in ERP systems and strong communication skills to maintain customer relationships. The role offers an opportunity to streamline AR processes and contribute to financial goals.

Qualifications

• At least 5 years in accounts receivable or credit management.
• Minimum of 2 years in a managerial role.
• Detail-oriented with strong problem-solving skills.

Responsibilities

• Oversee entire AR function ensuring invoice accuracy.
• Develop AR policies for compliance and accuracy.
• Ensure timely collections and positive customer relationships.
• Resolve billing disputes promptly.
• Prepare AR aging reports and cash flow forecasts.

Skills

Accounting principles

ERP systems (SAP, Oracle)

Advanced MS Excel skills

Communication skills

Negotiation skills

Interpersonal skills

Team management

Problem-solving ability

Analytical abilities

Education

Bachelor's degree in Accounting, Finance, Business Administration

Job description

Accounts Receivable Manager

Role Description: We are seeking a dynamic and experienced Accounts Receivable Manager to oversee our Pan India collection efforts. The Accounts Receivable (AR) Manager will manage the company’s receivables, ensure timely collections, maintain strong customer relationships, and streamline the AR process to align with the company’s financial goals. This role will work closely with finance, sales, and operations to ensure accurate billing, resolve disputes, and improve cash flow.

Ideal Experience: At least 5 years in accounts receivable or credit management, with at least 2 years in a managerial role.

Responsibilities

• Oversee the entire AR function, ensuring invoice accuracy, payment processing, and account reconciliations.
• Develop and maintain robust AR policies, procedures, and controls for accuracy and compliance.
• Ensure timely collections while maintaining positive customer relationships.
• Resolve billing disputes or payment term issues promptly.
• Serve as main contact for AR queries from customers and internal stakeholders.
• Build strong customer relationships to reduce overdue accounts.
• Prepare regular AR aging reports, cash flow forecasts, and performance metrics.
• Analyze AR trends and recommend strategies to reduce DSO.
• Manage and mentor AR team, fostering accountability and excellence.
• Collaborate with sales and operations to align on credit terms and policies.
• Ensure compliance with accounting standards, legal requirements, and audit support.

Qualifications

• Strong accounting principles and AR process knowledge.
• Proficiency in ERP systems (SAP, Oracle, or equivalent) and advanced MS Excel skills.
• Excellent communication, negotiation, and interpersonal skills.
• Proven ability to manage teams and work collaboratively across departments.
• Detail-oriented with strong problem-solving and analytical abilities.

Educational Background

• Bachelor’s degree in Accounting, Finance, Business Administration, or related field.