Deputy Manager Accounts Receivables

Company: Quant Solar Technologies Pvt. Ltd.

Position: Deputy Manager Accounts Receivables

Department: Finance & Accounts

Location: New Delhi

Experience: 48 Years

Qualification: Bachelor's Degree in Commerce (B.Com)

CA Inter/M.Com/MBA (Finance)

About the Company:

Quantsolar Technologies Private Limited is a leading renewable energy company headquartered in Current Delhi, specializing in Floating Solar Photovoltaic (FSPV) solutions. Established in 2016, the company is recognized as one of India's pioneers in floating solar technology, delivering innovative and sustainable energy solutions across the country.

With expertise in Engineering, Procurement & Construction (EPC), Quant Solar offers end-to-end services including project design, engineering, manufacturing, installation, commissioning, and operations & maintenance of floating solar power plants. The company serves government organizations, PSUs, independent power producers, and private sector clients, contributing significantly to India's clean energy transition.

Driven by innovation, quality, and sustainability, Quant Solar combines advanced engineering with in-house R&D; capabilities to develop cost-effective and scalable floating solar solutions. The company is committed to accelerating the adoption of renewable energy while supporting India's vision of achieving a greener and more sustainable future.

Job Summary:

The Deputy Manager Accounts Receivables will be responsible for managing the end-to-end accounts receivable process, ensuring timely collections, maintaining customer accounts, reducing outstanding receivables, and supporting financial reporting. The role requires strong analytical abilities, excellent communication skills, and experience in handling customer payments and reconciliation.

Key Responsibilities:

1. Accounts Receivables Management:

- Manage the complete Accounts Receivable (AR)



cycle from invoice generation to payment realization.
- Monitor customer outstanding balances and ensure timely collections.
- Follow up with customers regarding overdue invoices and pending payments.
- Maintain an updated ageing analysis of receivables.
- Prepare periodic collection reports and MIS for management.

2. Billing & Invoicing:

- Verify customer contracts and purchase orders before invoice generation.
- Ensure accurate and timely customer invoicing.
- Coordinate with Sales, Projects, Dispatch, and Finance teams to resolve billing-related issues.
- Maintain proper documentation supporting invoices and customer transactions.

3. Customer Account Reconciliation:

- Perform periodic reconciliation of customer accounts.
- Investigate and resolve payment discrepancies, deductions, debit notes, and credit notes.
- Coordinate with customers for confirmation of balances.
- Resolve customer billing queries promptly.

4. Collection & Cash Flow Management:

- Develop collection strategies to improve debtor turnover.
- Ensure achievement of collection targets.
- Monitor receivable ageing and recommend corrective actions.
- Support cash flow forecasting by providing accurate collection projections.

5. Financial Reporting & Compliance:

- Prepare monthly AR reports and ageing schedules.
- Assist during statutory audits, internal audits, and financial closing activities.
- Ensure compliance with company policies, accounting standards, and statutory regulations.
- Maintain complete audit trails and supporting documentation.

6.



Process Improvement:

- Identify opportunities to automate and improve AR processes.
- Implement effective collection controls and SOPs.
- Reduce Days Sales Outstanding (DSO) through proactive follow-up.
- Coordinate with ERP teams for process enhancements.

7. Stakeholder Coordination

- Liaise with internal departments including Sales, Projects, SCM, Dispatch, and Finance.
- Build and maintain positive customer relationships.
- Escalate high-risk receivables to senior management.

Required Skills:

- Strong knowledge of Accounts Receivable processes.
- Good understanding of GST and invoicing procedures.
- Experience in customer reconciliation and collection management.
- Knowledge of financial reporting and accounting principles.
- Excellent analytical and problem-solving skills.
- Strong negotiation and communication abilities.
- High attention to detail and accuracy.
- Ability to manage multiple priorities under strict timelines.

Preferred Industry Experience:

Candidates with experience in Renewable Energy, EPC, Manufacturing, Infrastructure, Engineering, Electrical, Construction, or Industrial organizations will be preferred.

Key Performance Indicators (KPIs):

- Collection efficiency.
- Reduction in overdue receivables.
- Days Sales Outstanding (DSO).
- Accuracy of customer reconciliations.
- Timely invoice processing.
- Accuracy of MIS reports.
- Customer query resolution turnaround time.
- Compliance with audit requirements.

Desired Candidate Profile:

- 4–8 years of relevant experience in Accounts Receivables.
- Strong understanding of accounting principles and receivable management.
- Excellent interpersonal and communication skills.
- Ability to work independently and lead AR activities.
- Proactive, detail-oriented, and result driven.
- Strong organizational and stakeholder management skills.

📌 Accounts Receivable Specialist (Delhi)
🏢 Quantsolar Technologies
📍 Delhi