Senior Executive - Accounts - Billing and Receivables

Neptunus Power Plant Services Pvt. Ltd.; Navi Mumbai; On-site; INR 650,000 - 900,000; Full time

Job summary

Neptunus Power Plant Services Pvt. Ltd. in Navi Mumbai is seeking a Senior Executive - Accounts (Billing and Receivables) to manage end-to-end invoicing, AR cycles, and GST compliance from our Mahape/Navi Mumbai location.

You will own invoice-to-cash, coordinate with Sales/Delivery, and drive automation to scale SAP-based billing, while ensuring accurate reconciliations and timely collections.

Qualifications

• 3–6 years in Billing/AR at a B2B services or project-based company.
• GST concepts: place of supply, LUT, exports, e-invoicing, TDS/WHT.
• Exposure to trade finance: bank guarantees, LC, bill discounting, FEMA/RBI export realisation.
• Knowledge of revenue recognition basics for service and project billing.

Responsibilities

• Accurate on-time invoicing with 100% revenue leakage control.
• Own the end-to-end invoicing from PO to payment using SAP/ERP.
• Develop AR analytics and provide cash forecasts to FP&A.
• Map and implement automation to scale billing volume.

Skills

Billing & AR

Order-to-Cash

GST & Taxation

ERP / SAP

Reconciliations

Attention to detail

Education

B.Com / M.Com / MBA - Finance (CA Inter preferred)

CA Inter preferred

Tools

SAP / ERP

Pivot tables

XLOOKUP / INDEX-MATCH

Excel

Job description

Senior Executive - Accounts - Billing and Receivables

Posted 4 days ago

Job Description

What does Neptunus do and what’s in it for me? In its 28th Year, Neptunus is a growth hungry, forward-looking organization with strong people and governance practices. We are at the forefront of the technology-led shift in operation and maintenance of large machines in the Marine, Oil & Gas, Industrial and Defence Sectors. We serve some of the biggest asset owners in India, South Asia, Africa and the Middle East. Due to our work, they run their equipment more reliably, consume less resources and reduce their carbon footprint. In 2022, we completed an acquisition of a cutting-edge French Technology Company that opens new avenues for global growth for us.

Neptunites have an opportunity to solve new challenges, learn new technologies, develop themselves and grow. Our transparent work environment, focus on learning beyond functions and exposure to global cultures makes individuals well-rounded business leaders. We offer high performers an opportunity to create wealth, and provide several perks and benefits to our team members. We strive to build a great team of connected individuals who can achieve their personal desires through a common goal. If you are hungry, self-motivated and able to deliver excellence, you will certainly thrive and advance your career at Neptunus.

Designation - Senior Executive - Accounts - Billing and Receivables

Reporting to - Manager - Accounts & Taxation

Education Background - B.Com / M.Com / MBA - Finance (CA Inter preferred)

Work Experience (years) - 3-6 years

Location - Mahape,Navi Mumbai

What’s the purpose of this role?

• Protect cash flow: Own the invoice-to-cash engine so that every rupee of work delivered is billed accurately, on time and converted to cash, funding a business that is scaling fast.
• Plug revenue leakage: Make sure nothing slips through: no unbilled jobs or missed milestones, no short-recovered GST/TDS, no lapsed BG/LC and no export proceeds stuck beyond FEMA timelines.
• Bring DSO down, make receivables predictable: Cut disputes at source, keep customer ledgers clean and feed reliable collection forecasts to leadership.
• Build billing for scale: Turn a manual, Excel-heavy process into an automated, analytics-led and audit-ready function that can handle multi-fold volume growth without adding headcount at the same rate.

I. Key Results and Activities

1. Accurate, On-time Billing (zero revenue leakage)

• Review customer PO / contract, pricing, milestones, payment and tax termsbefore every invoice.
• Generate invoices for spares, services and projects in SAP using a pre-billing checklist (PO match, service report / completion proof, internal approval).
• Apply correct GST (place of supply, LUT exports, SEZ), generate IRN / e-way.
• Compile the complete invoice kit (timesheets, service reports, DC, e-waybill) and upload / submit on customer portals within TAT with 100% accuracy.
• Run a weekly unbilled-revenue review with Delivery / Projects and close gaps before month-end.
• Raise credit / debit notes only with approvals, and tag the root cause of each one.
• Publish a customer-wise AR ageing and overdue tracker every week, with DRI and next action, to Sales / Delivery.
• Apply receipts, clear unapplied cash and resolve bank queries on receipts,SWIFT advices and bank charges daily.
• Issue monthly SOAs, obtain quarterly balance confirmations and reconcile customer ledgers (short payments, deductions, TDS).
• Log and root-cause every billing dispute and close it with Sales / Delivery.
• Manage BG / LC lifecycle, LC documentation and bill discounting with banks
• Match inward remittances to invoices, obtain FIRC / e-BRC and close EDPMS entries as per FEMA / RBI norms.
• Handling & tracking of Cores (refurbished inventory).
• Assess credit exposure and recommend changes required in credit policies,advances or LC terms.

3. Billing Automation, AR Analytics & Readiness for Scale

• Map the order-to-cash process, identify manual steps and drive automationwith the BA / AI team (auto-invoicing from ERP, SOA / reminder mailers,portal uploads).
• Build AR analytics (DSO trend, collection effectiveness, dispute root causes, customer-wise risk) and feed cash forecasts to FP&A.
• Write SOPs and maker-checker controls so that billing volume can growmulti-fold without headcount growing at the same rate.
• Keep customer master data clean (GSTIN, credit terms, billing contacts) and support improvements to the ERP / SAP billing module.

II. Knowledge/Skills/Behaviors the Candidate Should Possess

Knowledge (Functional and Non-Technical)

• 3-6 years in billing / AR / order-to-cash at a B2B services, engineering or project-based company
• GST on goods & services: place of supply, exports under LUT, SEZ, e-invoicing, e-way bill, TDS / WHT on receivables.
• Trade finance: Bank Guarantees, Letters of Credit, bill discounting, FEMA / RBI export realisation: EDPMS, FIRC / e-BRC, realisation timelines.
• Revenue recognition basics (Service project billing, spares supply billing, contract assets, subscriptions, INCOTERMS).

Skills (Functional and Technical)

• Organised and process-driven: works with checklists, maker-checker controls and TAT discipline
• High attention to detail in invoices, reconciliations and documentation
• Firm, courteous follow-up and negotiation with customers and internal teams
• Tech - savy: Hands-on billing / AR in SAP or ERP, Pivot tables, XLOOKUP / INDEX-MATCH, SUMIFS for ageing and reconciliations

Open Positions

2

Skills Required

Billing, Accounts Receivable, Order to Cash, Reconciliation