Senior Manager Accounts Receivable

Piramal Pharma Ltd; Mumbai; On-site; INR 3,500,000 - 6,000,000; Full time

Job summary

Piramal Pharma Ltd in Mumbai seeks an experienced Accounts Receivable leader to manage end-to-end AR processes, including billing, collections, cash application, and period-end close. The role emphasizes export receivables compliance, regulatory reporting, and governance across receivables functions.

The ideal candidate has 10–15 years in AR/OTC within large manufacturing or pharma environments, with SAP S/4HANA and Fiori expertise, and a strong controls mindset for audits and financial

Qualifications

• Strong expertise in Accounts Receivable, OTC, Billing, Collections and Cash Application.
• Hands-on SAP S/4HANA, Fiori and AR reporting/analytics tools.
• Knowledge of export receivables compliance, RBI regulations, and bank coordination.
• Strong working capital management, customer credit evaluation, internal controls, audits, and financial reporting.

Responsibilities

• Manage end-to-end AR processes including billing, customer accounting, collections and cash application.
• Oversee export receivables compliance, RBI/banking requirements, and regulatory reporting.
• Lead AR close activities, prepare MIS, and support audits with schedules and notes.
• Drive process improvement, automation, and team leadership within receivables.

Skills

Accounts Receivable

Order-to-Cash (OTC)

Billing

Collections

Cash Application

Customer credit evaluation

Internal controls

Financial reporting

Education

CA / CMA

Tools

SAP S/4HANA

Fiori

AR reporting tools

Job description

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

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.