Group Manager Accounts Receivable
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Job Location:
Monthly Salary:
Posted on:
8 days ago
Vacancies:
1 Vacancy
Job Summary
Key Responsibilities:
Accounts Receivable Management
Oversee end-to-end accounts receivable processes including invoicing collections and
reconciliations.
Lead team to raise invoices on a T2 basis ensuring all revenue entries are accurately reflected
in the accounting system
Monitor and ensure timely collections from clients and partners while maintaining a positive client
relationship.
Conduct monthly reconciliation of AR sub-ledger to the General Ledger (GL) maintaining
accuracy rate with zero unreconciled items by month-end close.
Lead team to follow a compliance checklist specific to GST application in billing achieving 100%
adherence to GST regulations.
Develop and implement strategies to reduce days sales outstanding (DSO) and improve cash
flow.
Design and implement a record retention policy for AR documents ensuring 100% compliance
with internal and external audit requirements
Prepare monthly audit schedules and address audit queries within a 48-hour timeframe
achieving a zero-audit observation rate for the AR function.
Lead team to develop a real-time dashboard for internal reporting on AR metrics
Team Leadership
Lead and mentor the accounts receivables team ensuring high performance and professional
growth.
Establish clear KPIs for the team and monitor performance against objectives.
Stakeholder Collaboration
Collaborate with the sales and account management teams to resolve billing discrepancies and
improve processes.
Maintain strong communication with clients to address payment delays and resolve disputes
effectively.
Process Optimization
Identify process inefficiencies and implement automation and system improvements to enhance
productivity.
Establish and maintain strong internal controls to safeguard the companys receivables.
Reporting & Compliance
2
Prepare regular accounts receivable aging reports unbilled report and provide actionable
insights to management.
Reconciliation of revenue from Order Management System and books
Reconciliation of retail revenue with PG report
Ensure compliance with accounting standards and company policies related to revenue and
receivables.
Risk Management
Assess creditworthiness of clients and establish appropriate credit limits and terms.
Proactively identify and mitigate risks related to receivables.
Qualifications & Skills
Bachelors and Masters degree in Accounting Finance or related field
Minimum of 8 years of experience in accounts receivables with at least 3 years in a leadership
role.
Strong knowledge of AR processes financial systems and ERP tools (e.g. SAP Oracle or
equivalent).
Proven ability to lead a team and manage high-pressure situations effectively.
Excellent analytical problem-solving and decision-making skills.
Exceptional communication and interpersonal skills.
Experience in the healthtech industry is a plus.
Required Experience:
Manager
Key Skills
- Journal Entry
- Customer Service
- Collection effort
- A/R Management
- Past due Account
- General Ledger Accounting
- Accounting
- Excel
- Payroll
- Financial statement
- Collection procedures
- Customer Account
- Delinquents Account
- Direct Reports
- Timely collections
About Company
MediBuddy is one of the best (cashless) healthcare providers in India. At MediBuddy you can book Health check packages, online lab tests, online medicines, online doctor consultation, teleconsultation, dental consultation and many more. You can also book outpatient, inpatient, and wel ... View more
