Job Description:

Role Overview

The VP_Accounts Receivables will oversee the end-to-end receivables function, ensure timely collections, maintain robust credit control, and support banking operations. This role requires strong financial acumen, leadership skills, and the ability to work in a dynamic, fast-paced environment.

Key Responsibilities

Accounts Receivable Management

- Develop and implement strategies to minimize bad debt and enhance cash flow.

- Ensure accurate recording, tracking, and reconciliation of all AR transactions.

- Follow up on outstanding invoices, ensure timely collections, and engage with customers—including site visits—to resolve payment issues.

- Prepare and analyze AR performance reports, aging summaries, and collection forecasts.

- Issue interest debit notes and review customer balance sheets.

- Monitor shortages, pending quantity lifting, and file closing status.

- Oversee material-related insurance claim processes.

- Prepare weekly projected cash flow statements.

- Verify and sign credit notes issued to customers and transporter recoveries.





- Review and approve vouchers for on-account payments for material purchases.

- Validate import remittance profit/loss statements and track pending adjustments.

- Verify and sign storage bills, customer refunds, advance payments, and LC negotiation documents.

Banking & Financial Coordination

- Lead negotiations with banks for charges, facilities, and new partnerships.

- Manage bank onboarding processes and liaise with banking representatives.

- Oversee end-to-end cash flow planning and management.

- Provide support to trade and banking teams as required.

Job Requirements

- Education: B.Com / M.Com / Post-Graduate / Master’s. Inter CA or CA preferred.

- Experience: 5–10+ years of relevant post-qualification experience, with at least 2–3 years in a similar financial leadership role.

- Strong analytical, strategic thinking, and problem-solving abilities.

- Excellent communication, leadership, and interpersonal skills.

- Ability to thrive in a rapid-paced and dynamic environment.

📌 Accounts Receivables VP (Mumbai)
🏢 RECEX
📍 Mumbai