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
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Develop and implement strategies to minimize bad debt and enhance cash flow.
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Ensure accurate recording, tracking, and reconciliation of all AR transactions.
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Follow up on outstanding invoices, ensure timely collections, and engage with customers—including site visits—to resolve payment issues.
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Prepare and analyze AR performance reports, aging summaries, and collection forecasts.
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Issue interest debit notes and review customer balance sheets.
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Monitor shortages, pending quantity lifting, and file closing status.
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Oversee material-related insurance claim processes.
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Prepare weekly projected cash flow statements.
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Verify and sign credit notes issued to customers and transporter recoveries.
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Review and approve vouchers for on-account payments for material purchases.
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Validate import remittance profit/loss statements and track pending adjustments.
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Verify and sign storage bills, customer refunds, advance payments, and LC negotiation documents.
Banking & Financial Coordination
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Lead negotiations with banks for charges, facilities, and current partnerships.
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Manage bank onboarding processes and liaise with banking representatives.
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Oversee end-to-end cash flow planning and management.
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Provide support to trade and banking teams as required.
Job Requirements
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Education: B.Com / M.Com / Post-Graduate / Master’s. Inter CA or CA preferred.
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Experience: 5–10+ years of relevant post-qualification experience, with at least 2–3 years in a similar financial leadership role.
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Strong analytical, strategic thinking, and problem-solving abilities.
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Excellent communication
📌 Accounts Receivables VP (Mumbai)
🏢 RECEX
📍 Mumbai