Specialist - Accounts Receivables

Waters Corporation; Bengaluru; On-site; INR 2,500,000 - 4,000,000; Full time

Job summary

Waters Corporation in Bengaluru seeks an experienced Head Office AR Manager to oversee Accounts Receivable across six regional managers, driving DSO improvement and AR MIS reporting.

The role requires strong analytical skills, advanced Excel, SAP experience, and a hands-on approach to process standardisation and automation within AR. Collaboration with Sales and Finance is key to success.

Qualifications

• 10+ years of experience in collections management, preferably in a multinational or shared-services environment.
• MBA (Finance) / Commerce or CA (Inter) qualification.
• Strong analytical skills and advanced Excel proficiency with SAP experience.

Responsibilities

• Supervise AR function across regions with six Regional AR Collection Managers to ensure consistent processes.
• Own end-to-end DSO management and drive corrective actions with regional teams.
• Prepare and present AR MIS reports including ageing, overdue tracking, and regional dashboards.

Skills

Leadership

Advanced Excel

Analytical thinking

Forecasting

Stakeholder management

Education

MBA (Finance) / Commerce

CA (Inter)

Tools

SAP

Power BI

ERP systems

Job description

Overview

The Head Office AR Manager is a Bengaluru-based, head-office role (in-office) responsible for end-to-end oversight of the company's Accounts Receivable function. The role provides central supervision and coordination across six regional AR Collection Managers, drives DSO and collections MIS reporting, owns bank reconciliation, and leads strategic collection interventions on customer accounts showing weak collection trends. The role requires strong analytical capability, advanced Excel proficiency, and hands-on SAP experience.

Responsibilities

• Supervise and coordinate the Accounts Receivable function across all regions, working closely with six Regional AR Collection Managers to ensure consistent collection processes and performance.
• Own end-to-end DSO (Days Sales Outstanding) management – monitor trends, identify drivers of deterioration, and drive corrective action plans with regional teams.
• Prepare, consolidate, and present collection and AR MIS reports for management review, including ageing analysis, overdue tracking, and region-wise performance dashboards.
• Perform periodic bank reconciliation and ensure timely resolution of reconciling items
• Identify customer accounts with poor collection trends and lead strategic collection actions, including escalation plans, customer engagement, and coordination with sales/commercial teams.
• Establish and monitor collection targets, KPIs, and review cadences for the regional AR teams; provide support to strengthen regional collection performance.
• Drive standardization of AR processes and controls across regions, ensuring compliance with company policy and audit requirements.
• Leverage SAP and analytical tools (Excel, Power BI) to build automated MIS reports, and early-warning indicators for collection risk.
• Support month-end and year-end closing activities related to AR, provisioning for doubtful debts, and related reconciliations.
• Handle internal and external audit independently for AR function.
• Act as the central point of contact between the regional collection teams and the Finance Controller / management on all AR-related matters.

Identify automation opportunity and lead automation projects within AR function to bring efficiency in the process.

Qualifications

• MBA (Finance) / Commerce Graduate / CA (Inter).
• Minimum 10+ years of relevant experience in collections management, preferably in a multinational or shared-services environment.

Company Description

Waters Corporation (NYSE:WAT)is a global leader in life sciences and diagnostics, dedicated to accelerating the benefits of pioneering science through analytical technologies, informatics, and service. With a focus on regulated, high-volume testing environments, our innovative portfolio harnesses deep scientific expertise across chemistry, physics, and biology. We collaborate with customers around the world to advance the release of effective, high-quality medicines, ensure the safety of food and water, and drive better patient outcomes by detecting diseases earlier, managing routine infections, and combating antibiotic resistance. Through a shared culture of relentless innovation, our passionate team of ~16,000 colleagues turn scientific challenges into breakthroughs that improve lives worldwide.

Diversity and inclusion are fundamental to our core values at Waters Corporation. It benefits our employees, our products, our customers and our community. Waters complies with all applicable federal, state,and local laws. Qualified applicants are considered without regard to sex, race, color, ancestry, national origin, citizenship status, religion, age, marital status (including civil unions), military service, veteran status, pregnancy (including childbirth and related medical conditions), genetic information, sexual orientation, gender identity, legally recognized disability, domestic violence victim status,or any other characteristic protected by law. Waters is proud to be an equal opportunity workplace and is an affirmative action employer. All hiring decisions are based solely on qualifications, merit, and business needs at the time.