Job Description:

The Accounts Receivable Lead is responsible for managing the school's accounts receivable function, ensuring timely collection of tuition and other student-related fees, maintaining accurate financial records, and leading a team of Accounts Receivable Executives. The role requires solid leadership, operational excellence, stakeholder management, and the ability to drive collection performance while delivering a high standard of service to parents, students, and internal departments.

Team Leadership & Management
- Lead, supervise, and develop the Accounts Receivable team to ensure efficient day-to-day operations.
- Set individual and team performance goals, monitor productivity, and provide regular feedback.
- Conduct performance reviews, coaching, and training to enhance team capabilities.
- Manage workload allocation and ensure adherence to service-level agreements (SLAs).
- Foster a culture of accountability, customer service, and continuous improvement.

Accounts Receivable Operations




- Oversee the end-to-end student fee billing and collection process across all school campuses or business units.
- Ensure accurate generation and distribution of invoices, fee schedules, statements, and payment reminders.
- Monitor receivable balances and ensure timely collection of tuition fees, transportation fees, cafeteria fees, activity fees, and other charges.
- Review and approve adjustments, waivers, refunds, and credit notes in accordance with school policies.

Collections Management
- Develop and execute collection strategies to minimize overdue accounts and improve cash flow.
- Monitor aging reports and proactively address delinquent accounts.
- Handle escalated collection cases and negotiate payment arrangements with parents where required.
- Collaborate with school leadership and administration on fee recovery actions and enrollment-related financial matters.
- Drive achievement of collection targets and KPIs.

Financial Controls & Reconciliation
-

📌 Accounts Receivable Lead (Mumbai Suburban)
🏢 Vibgyor Group of Schools
📍 Mumbai Suburban