31 Jul
|
AKMV Consultants
|
India
31 Jul
AKMV Consultants
India
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 solid 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 agile 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 (India)
🏢 AKMV Consultants
📍 India