22 Aug
|
Vibgyor Group of Schools
|
India
22 Aug
Vibgyor Group of Schools
India
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 productive 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
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📌 Accounts Receivable Lead Mumbai Suburban (India)
🏢 Vibgyor Group of Schools
📍 India