Receivable Manager

Extreme Media; Mumbai; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

Extreme Media in Mumbai seeks an experienced professional to own end-to-end billing for projects, drive collections, and manage credit control. You will oversee AR, DSO, and revenue recognition while coordinating with Sales and Finance to ensure timely invoicing and payment realization.

The role requires 7–12 years in AR, billing and credit control, hands-on ERP experience (SAP/Oracle/Dynamics), and advanced Excel.

Qualifications

• CA / CMA / MBA (Finance) or Commerce Graduate/Postgraduate with 7-12 years of experience in Accounts Receivable, Billing, Collections, and Credit Control.
• Strong knowledge of AR, Credit Control, DSO, AR Ageing, Revenue Recognition, and Cash Flow Management.
• Hands-on experience with ERP systems (SAP/Oracle/Microsoft Dynamics) and advanced MS Excel.
• Strong analytical, stakeholder management, negotiation, and communication skills.
• Experience in manufacturing, engineering, project-based organizations is preferred.

Responsibilities

• Own end-to-end billing for projects, ensuring accuracy and timely invoicing for Xtreme and LEDX lines.
• Drive collections to ensure timely payments and reduce overdue balances.
• Maintain documentation for billing, collections and sales transactions.
• Coordinate with customers and internal teams to resolve billing discrepancies.
• Accompany Sales to support collections and payment discussions with key clients.
• Evaluate customer creditworthiness and recommend credit limits and terms.
• Monitor credit limits and outstanding exposure per policy.
• Conduct periodic credit reviews and identify high-risk accounts for intervention.
• Review and approve order releases based on credit availability and history.
• Drive timely follow-up on overdue receivables with structured collection plans.
• Coordinate with Legal on recovery actions for chronic defaults.
• Minimize bad debts and improve cash flow through monitoring and controls.
• Ensure compliance with internal credit policies, SOPs and audits.
• Recommend process improvements and automation to strengthen credit control.

Skills

AR

Credit Control

DSO

AR Ageing

Revenue Recognition

Cash Flow Management

MS Excel

Education

CA / CMA / MBA (Finance) or Commerce

Tools

SAP

Oracle

Microsoft Dynamics

MS Excel

Job description

Role & responsibilities

Billing & Collections

• Own end-to-end billing for Projects, ensuring accuracy and timely raising of invoices, including for Xtreme and LEDX product lines.
• Drive collections to ensure timely realization of payments and reduction of overdue balances.
• Maintain complete and accurate documentation for billing, collections and sales transactions.
• Prepare and process debit note entries and ensure correct accounting treatment.
• Coordinate with customers and internal teams to resolve billing discrepancies and reconcile payments.
• Accompany the Sales team as required to support collections and payment discussions with key clients.

Credit Control

• Evaluate customer creditworthiness and recommend appropriate credit limits and payment terms.
• Monitor customer credit limits and outstanding exposure to ensure adherence to the company's credit policy.
• Conduct periodic credit reviews and identify high-risk accounts requiring proactive intervention.
• Collaborate with Sales and Business Heads to balance business growth with prudent credit risk management.
• Review and approve order releases based on credit availability, payment history and overdue status.
• Drive timely follow-up on overdue receivables through structured collection plans and escalation mechanisms.
• Coordinate with Legal and senior management on recovery actions for chronic default accounts whenever required.
• Minimize bad debts and improve cash flow through effective credit monitoring and collection controls.
• Ensure compliance with internal credit policies, SOPs and audit requirements.
• Recommend process improvements and automation initiatives to strengthen the credit control framework.

Reporting & Analytics

• Prepare and present periodic AR ageing, DSO, collections and sales MIS reports to management.
• Analyze receivable trends, customer payment behaviour and credit risk to flag potential exposures early.
• Build dashboards and trackers for outstanding balances, collection forecasts and target vs. actual performance.
• Provide data-backed recommendations to leadership on collection strategy and credit policy.
• Ensure reconciliation of Accounts Receivable ledgers with actual collections and highlight variances.

Strategic & Stakeholder Management

• Partner with Sales and Finance leadership to align collection strategies with business objectives.
• Recommend process improvements to strengthen the receivables cycle and reduce collection turnaround time.
• Act as an escalation point for high-value or high-risk receivable accounts.
• Work closely with Project, Commercial and Finance teams to ensure timely milestone billing and payment realization.
• Support month-end and year-end closing activities related to receivables and revenue recognition.

Preferred candidate profile

• CA / CMA / MBA (Finance) or Commerce Graduate/Postgraduate with 7-12 years of experience in Accounts Receivable, Billing, Collections, and Credit Control.
• Strong knowledge of AR, Credit Control, DSO, AR Ageing, Revenue Recognition, and Cash Flow Management.
• Hands-on experience with ERP systems (SAP/Oracle/Microsoft Dynamics) and advanced MS Excel.
• Strong analytical, stakeholder management, negotiation, and communication skills.
• Experience in manufacturing, engineering, project-based organizations is preferred.