Job Description

Location:

Gurgaon

Department:

Finance

Reports to:

Accounts Receivable - Senior Executive

Experience:

4-6 Years

Key Responsibilities

Core Accounts Receivable Management:

Manage the end-to-end accounts receivable process for a dedicated portfolio of clients. Generate and send out invoices, statements, and payment reminders accurately and in a timely manner. Accurately apply cash receipts to customer accounts and reconcile discrepancies.

Proactive Collection & Tight Follow-Up:

Execute a structured and relentless collection strategy through phone calls, emails, and formal communications.

Tightly follow up on overdue accounts

by implementing a systematic contact cycle to ensure payments are received by the due date.

Make the payment happen

by clearly communicating payment expectations, negotiating payment plans when necessary, and escalating issues proactively. Maintain a detailed and real-time log of all collection activities in the ERP system.

Client & Internal Collaboration:

Build and maintain strong relationships with client's finance departments to facilitate smooth payment processes. Work closely with the sales and account management teams to resolve client disputes and billing issues that may delay payment. Provide regular updates to the Finance Manager on the status of collections and potential bad debt risks.

Reporting and Analysis:

Prepare weekly and monthly Accounts Receivable aging reports with insightful commentary on delinquent accounts. Monitor key performance indicators (KPIs) such as DSO, Collection Effectiveness Index (CEI), and percentage of overdue invoices. Identify trends in payment delays and recommend process improvements to prevent future occurrences.

Required Qualifications & Experience

Education:

Bachelor's degree in Finance, Accounting, Commerce, or a related field.

Experience:

4 to 6 years of proven experience in a core Accounts Receivable or Collections role, with a demonstrable track record of reducing DSO.

Technical Skills:

Proficiency in MS Office (especially Excel for pivot tables and v-lookups) and experience with ERP software (e.g., Tally, SAP, Oracle).
Job Types: Full-time, Permanent

Pay: ₹25,000.00 - ₹30,000.00 per month

Benefits:

Leave encashment Provident Fund
Work Location: In person