Senior Manage Accounts Receivable

Piramal Pharma Limited; Mumbai; On-site; INR 2,500,000 - 4,500,000; Full time

Job summary

Piramal Pharma Limited is seeking an experienced Accounts Receivable leader to manage end-to-end AR, billing, collections, cash application, and credit control for domestic and export receivables in a fast-paced manufacturing environment.

Responsibilities include AR close, MIS, DSO analysis, regulatory reporting, and audit readiness. The role emphasizes governance, process improvements, and mentoring a high-performing AR team.

Qualifications

• CA / CMA preferable.
• 10–15 years of AR/OTC experience in a large manufacturing/pharma/MNC setting.
• Exposure to export receivables management and regulatory reporting.

Responsibilities

• Manage end-to-end AR processes: billing, collections, cash application, closing and provisions.
• Oversee export receivables compliance, RBI/DGFT/banking coordination, and regulatory reporting.
• Lead AR close, MIS dashboards, DSO analysis, and audit readiness across receivables.
• Drive process improvement, automation, and team leadership across receivables and related functions.

Skills

Accounts Receivable

OTC

Cash Flow

SAP S/4HANA

Auditing & Controls

Education

CA / CMA

Tools

Fiori

AR Reporting Tools

Job description

Role & responsibilities

1. Accounts Receivable Operations, Billing & Cash Management

• Manage end-to-end Accounts Receivable processes including billing, customer accounting, collections monitoring, cash application, account reconciliations, customer balance confirmations, period-end close activities, journal entries, provisioning, and account clean-ups.
• Ensure timely and accurate application of customer receipts, resolution of unapplied cash, bank reconciliations, and compliance with accounting policies and internal controls.
• Monitor receivables ageing, overdue balances, collection performance, disputes, deductions, and collection action plans to support working capital objectives.
• Lead annual customer credit limit reviews, and implementation of appropriate credit control measures.

2. Export Receivables, Regulatory Compliance & Stakeholder Coordination

• Oversee export receivables compliance including EDPMS monitoring, shipping bill closure, eBRC generation, realization tracking, RODTEP monitoring, and adherence to RBI, DGFT, Customs, and banking requirements.
• Coordinate with banks, business teams, customers, government authorities, and internal stakeholders to ensure timely resolution of export and receivable-related exceptions.
• Provide receivables, sales, collections, and regulatory reporting to management, banks, auditors, and government agencies as required.
• Ensure effective governance of customer master data, approval controls, and compliance with internal policies and regulatory requirements.

3. Reporting, Financial Close, Audit & Controls

• Lead AR-related financial close activities, including review of receivable balances, ageing analysis, provisions, reconciliations, and Schedule III disclosures.
• Prepare and review management dashboards, MIS, working capital reports, DSO analysis, collection performance reports, and ad-hoc business reports.
• Own all Accounts Receivable deliverables for statutory, internal, tax, and regulatory audits, including audit schedules, notes to accounts, reconciliations, supporting documentation, and closure of audit observations.
• Ensure strong financial controls, process governance, documentation standards, and audit readiness across the receivables function.

4. Process Improvement, Automation & Team Leadership

• Drive process standardization, automation, digital transformation, and continuous improvement initiatives across receivables, reporting, and compliance processes.
• Partner with IT, Shared Services, Treasury, Sales, Business Finance, and Automation teams to enhance system capabilities, reporting efficiency, and control effectiveness.
• Lead, mentor, and develop the Accounts Receivable team, establishing performance measures, accountability, and a culture of operational excellence.
• Support strategic business initiatives by providing actionable insights on receivables, cash flow, customer risk, and working capital performance.

Preferred candidate profile

QUALIFICATION:

CA /CMA preferable

EXPERIENCE:

• 10 - 15 years of relevant experience in Accounts Receivable, OTC (Order-to-Cash), Receivables Accounting, Export Receivables Compliance, and Financial Reporting.
• Experience in a large manufacturing, pharmaceutical, healthcare, FMCG, or multinational organization preferred.
• Exposure to domestic and international receivables management.

CRITICAL QUALITIES:

Technical Skills:

• Strong expertise in Accounts Receivable, Order-to-Cash (OTC), Billing, Collections, and Cash Application processes.
• Hands-on experience in SAP S/4HANA, Fiori, and AR reporting/analytics tools.
• Sound knowledge of financial reporting, Schedule III reporting, period-end close, reconciliations, and provisioning.
• Good understanding of export receivables compliance, including EDPMS, eBRC, Shipping Bills, RBI regulations, and bank coordination.
• Strong capability in working capital management, customer credit evaluation, internal controls, audits, and financial reporting.

Behavioral Skills:

• Strong leadership and people management skills with the ability to develop high-performing teams.
• Excellent stakeholder management and business partnering skills across Finance, Sales, Treasury, Banks, Auditors, and Senior Management.
• Strong analytical thinking, problem-solving, and decision-making abilities.
• Excellent communication, collaboration, and change management skills, with a continuous improvement and automation mindset.