Senior Executive - Accounts Receivables

Vidya Wires; Anand; On-site; INR 400,000 - 640,000; Full time

Job summary

Vidya Wires is seeking an experienced Accounts Receivable professional to manage customer invoicing, collections critical to cash flow. You will monitor accounts, follow up on overdue balances, perform reconciliations, and support audits in a fast-paced manufacturing environment.

Responsibilities include optimizing AR processes, ensuring accuracy of records, and preparing dashboards for management reviews. Prior experience in ERP and strong communication are essential.

Responsibilities

• Monitor customer accounts to ensure timely payment of outstanding invoices.
• Track aging reports and proactively manage overdue receivables.
• Perform periodic customer account reconciliations.
• Ensure compliance with company policies, accounting standards, and internal controls.

Job description

1. Accounts Receivable Management

• Monitor customer accounts to ensure timely payment of outstanding invoices.
• Follow up with customers regarding overdue payments through calls, emails, and other communication channels.
• Maintain accurate records of customer transactions, payments, and account balances.
• Resolve billing discrepancies and customer queries in coordination with internal departments.

2. Collections & Credit Control

• Track aging reports and proactively manage overdue receivables.
• Execute collection strategies to reduce outstanding balances and improve DSO (Days Sales Outstanding).
• Escalate high-risk accounts and recommend appropriate actions.
• Assist in customer credit evaluations and credit limit monitoring.

3. Reconciliation & Reporting

• Perform periodic customer account reconciliations.
• Reconcile receipts with bank statements and ERP records.
• Prepare AR aging reports, collection forecasts, and management dashboards.
• Support month-end and year-end closing activities related to receivables.

4. Compliance & Process Improvement

• Ensure compliance with company policies, accounting standards, and internal controls.
• Maintain proper documentation and audit-ready records.
• Identify opportunities to streamline receivable processes and improve collection efficiency.
• Support internal and external audits as required.