JOB DESCRIPTION:
Primary Job Function
To effectively manage Accounts Receivable operations by ensuring timely accounting of collections, monitoring customer credit exposure, maintaining reconciliations and receivable controls, supporting provision and revenue recognition processes, and driving collection efficiency. The role is responsible for maintaining accurate receivable records, facilitating credit management activities, coordinating with internal and external stakeholders, and ensuring compliance with audit and financial reporting requirements.
Core Job Responsibilities
Accounts Receivable & Collections Management
• Account and monitor direct collections received from stockists through RTGS/NEFT and other banking channels.
• Ensure timely and accurate adjustment of customer receipts in the accounting system.
• Track outstanding receivables and proactively follow up with CFAs, stockists, and sales teams for recovery and resolution.
• Review and transparent unadjusted balances in customer ledgers through coordination with relevant stakeholders.
• Analyze debtor ageing and collection trends to improve receivable performance.
Credit Management
• Perform customer credit assessments and calculate appropriate credit limits based on established policies.
• Update and maintain customer credit limits in ERP/SAP systems.
• Review and release system credit blocks/checks to facilitate timely order processing and invoicing while ensuring compliance with company credit policies.
Financial Reporting & Controls
• Prepare monthly workings for Doubtful Debts provisions and Revenue Recognition in line with accounting standards and company policies.
• Reconcile General Ledger accounts with Accounts Receivable sub-ledgers and investigate discrepancies.
• Maintain schedules, reconciliations, and supporting documentation related to receivables.
MIS & Analytics
• Update daily and monthly Accounts Receivable dashboards and key performance indicators.
• Generate analytical reports on colle