Senior Manager Accounts Receivable
Senior Manager Accounts Receivable
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Job Description
Company Overview
Covenant Consultants is a leading Executive Search and Recruitment Firm known for its unparalleled expertise in Human Capital. With over 350 recruitment specialists our company excels in timely and quality service delivery across various industries including IT Banking Healthcare and more. Headquartered in Chennai Tamil Nadu Covenant is driven by values like Purpose Integrity and Quality ensuring that we meet and exceed the expectations of clients candidates and employees alike.
Job Overview
We are seeking a highly experienced Senior Manager Accounts Receivable to join our team in Madurai. This fulltime seniorlevel position requires a minimum of 7 to a maximum of 10 years of relevant experience. The successful candidate will oversee accounts receivable operations and implement efficient procedures and strategies to optimize cash flow and credit risk management.
Credit monitoring
Assist in developing and monitor organizations Credit Risk Management policy
Periodically review the credit policy of existing customers in line with the companys objectives and
strategies
Review and put up for approval credit limits recommended by the sales team as per policy guidelines
Assessment of credit worthiness of potential and new customers
Monitor and review Daily Weekly Fortnightly and Monthly MIS for Credit control
Keep a close track of collections and ensure over dues in the market are within permissible limits
Daily Collection Monitoring and DSO (daily sales outstanding) analysis
Monitor and ensure timely recovery/settlements of outstanding of the company
Create Escalation Matrix and Reporting for early warning signs of likely defaulters
Constantly monitor companys Provision for Doubtful Debts and review the same with time bound
action plan
Ensure correct billing is generated on timely basis and submitted to customers
Timely resolving of disputes
Assist and work closely with the reporting Manager to ensure credit control and billing norms are
maintained across the company
SALES & MARKETING SUPPORT
Assist in preparation of sales and expenses budgets and periodic monitoring and reporting on
variances
Preparation of proposals based on business models
Assist in of agreements and ensuring implementation of such agreements
Assist in pricing discount or other relevant marketing scheme calculations
Provide necessary support to the Sales & Marketing Team for meeting the requirements of the
Internal & External Customers
QUALIFICATION
CA inter
B/MBA from reputed institution
- With 812 years of experience in accounts receivable field.
- Contact Number
Required Experience:
Senior Manager
Employment Type
Full-Time
