30 Jul
|
AKMV Consultants
|
Bengaluru
30 Jul
AKMV Consultants
Bengaluru
Job Description
Job Title: Manager / Sr. Manager – Accounts Receivable & Collections
Location – Bangalore
Role Purpose
We are looking for a hands-on Manager – Accounts Receivable & Collections to lead the AR function for a business with an annual turnover of approximately INR 2,000 crores. The role requires an individual who can thrive in a complex, high-volume environment, drive collections, improve cash flow, reduce DSO, and systematically resolve years of legacy customer reconciliation issues.
This is a transformation role requiring strong commercial acumen, analytical capability, and the ability to influence both internal stakeholders and customers.
Key Responsibilities
Accounts Receivable & Collections
- Own the end-to-end Accounts Receivable and Collections function across the business.
- Drive collection efficiency through structured follow-up, customer engagement, and proactive resolution of payment issues.
- Develop and execute strategies to reduce DSO and improve working capital.
- Monitor ageing, overdue receivables, and collection performance,
ensuring timely escalation of high-risk accounts.
- Prepare collection forecasts and ensure achievement of monthly cash collection targets.
Customer Reconciliations & Dispute Resolution
- Lead the resolution of long-pending customer reconciliations and legacy outstanding balances.
- Work closely with customers, Sales, Commercial, and Finance teams to resolve deduction disputes, claims, pricing differences, debit notes, and unapplied receipts.
- Build sustainable reconciliation processes to prevent recurrence of legacy issues.
Process Improvement & Controls
- Bring discipline and structure to AR processes in a dynamic and evolving business setting.
- Identify root causes of collection delays and implement corrective actions.
- Strengthen process controls around invoicing, collections, cash application, customer reconciliations, and month-end closing.
- Drive continuous improvement through automation, sta
📌 Manager / Sr. Manager – Accounts Receivable & Collections (Bengaluru)
🏢 AKMV Consultants
📍 Bengaluru