– Manager (Accounts Receivable)

Experience: 4-10 Years

Department: Finance & Accounts

Designation: Manager – Accounts Receivable (AR)

Reporting To: Head – Finance / Financial Controller

Job Purpose To lead and manage the end-to-end Accounts Receivable function by ensuring accurate sales accounting, timely reconciliation of collections, effective receivable management, robust internal controls, statutory compliance, and process automation. The role is responsible for optimizing working capital, minimizing revenue leakage, and ensuring timely financial reporting across all retail channels.

Key Responsibilities

1.

Accounts

Receivable & Sales Accounting

Lead the Accounts Receivable function across all retail stores and business channels.

Ensure accurate accounting of retail sales through POS and ERP integration.

Review daily sales accounting, customer receipts, credit notes, debit notes, returns, exchanges, and promotional adjustments.

Ensure timely closure of daily sales and revenue accounting.

Monitor revenue leakage and implement corrective actions.

- Collection & Settlement Management

Monitor and control collections from all payment modes, including:

Cash

Credit/Debit Cards

UPI

QR Code Payments

Digital Wallets

E-commerce Marketplaces

Payment Gateways

Ensure timely settlement of collections from banks and payment partners.

Resolve long-pending collection and settlement issues.

- Receivable & Customer Ledger Management

Monitor customer, franchise, and institutional receivable balances.

Review ageing reports and initiate recovery actions for overdue receivables.

Approve write-offs, provisions, and customer adjustments within delegated authority.

Ensure periodic customer balance confirmations.

- Bank & Payment Gateway Reconciliation

Ensure timely reconciliation of

Bank Accounts

Payment Gateways

Card Acquirers

Wallet Providers

UPI Collections

Marketplace Settlements

Review unresolved reconciliation items and drive timely closure.





Coordinate with banks and payment partners to resolve discrepancies.

5.

Financial

Closing & Reporting

Lead monthly, quarterly, and annual Accounts Receivable closing activities.

Ensure timely accounting of

Accruals

Provisions

Revenue Adjustments

Bad Debts

Write-offs

Review reconciliation schedules before financial close.

Ensure accurate financial reporting in accordance with accounting standards.

- Compliance & Internal Controls

Ensure compliance with

Companies Act requirements

Accounting Standards

Internal Financial Controls (IFC)

Company SOPs and Delegation of Authority (DOA)

Support statutory, internal, GST, tax, and forensic audits.

Ensure timely closure of audit observations.

- MIS & Business Reporting

Prepare and review

Daily Collection MIS

Store-wise Collection Reports

Sales & Collection Dashboards

Receivable Ageing Reports

Bank Reconciliation Status

Payment Gateway Reconciliation Reports

Outstanding Collection Reports

Revenue Variance Analysis

Collection Efficiency Reports

Working Capital Reports

Exception Reports for Management

Present key insights and action plans to senior management.

8.

Process

Improvement & Automation

Drive automation of Accounts Receivable processes through SAP S/4HANA and related systems.

Improve reconciliation efficiency through system integration and dashboards.

Develop and implement SOPs for AR processes.

Strengthen controls to prevent revenue leakage and duplicate accounting.

Lead digital transformation initiatives for finance operations.

9.

Stakeholder

Management

Coordinate closely with

Retail Operations

Treasury

IT & ERP Teams

Banking Partners

Payment Gateway Providers

Internal Audit

Statutory Auditors

Senior Management

- Team Leadership

Lead, mentor, and develop the Accounts Receivable team.

Allocate responsibilities and monitor performance against KPIs.

Build a culture of accountability, accuracy, and continuous improvement.

Identify training needs and support career development.

📌 Accounts Receivable Manager (Gurugram)
🏢 V2 retail
📍 Gurugram