10 Sep
|
Sandvik Coromant
|
Pune
10 Sep
Sandvik Coromant
Pune
Job Title: Accounts Receivable - Lead, SCIPL
No. of Vacancies: 1
Location: Pune
Full time /Part Time: Full time
Regular /Temporary: Regular
Overview of the Role
Overall responsibility for AR function. Perform in house AR activities, primarily focused on collection, reporting, Credit control, monitoring and Statutory Compliances.
Responsibilities
- Support business in customer credit matters (e.g. credit limits and payment terms)
- Strict monitoring and implementation of Credit Policy
- Evaluate credit risks and suggest solutions aimed to mitigate the risk exposure
- Manage customer overdues and claims/disputes to ensure timely resolution
- Processing inbound payments and accurately reconcile payments on customers accounts
- Liaise with customers to ensure payments made to terms and need based visit to customers
- Customer reconciliation.
- Improve NWC with monitoring of DSO
- Review accounts on credit hold and initiate communications with the business on legal actions where necessary
- Manage and coordinate communication with customers and all Sandvik stakeholders
- Support intercompany reconciliation
- Validate that internal controls are implemented and operational
- Implement and support the development of AR processes, policies, rules and authorization matrix/limits
- Lead and support Projects and initiatives to implement processes for organisation advantages
- Responsible for all financial audits and query resolutions related to AR function
- Responsible for supporting BA and Country Finance in the AR process
- Responsible for managing and developing the AR team including setting objectives, conducting performance reviews etc.
- Handling TCS compliances (payment, returns and reconciliations) and support TDS reconciliation
- Ensure closure of Inter Company reconciliations
- Ensure closure of Export bills as per RBI regulations(EDPMS)/IRM/GR Waiver
- Compute Foreign currency exposure and hedging requirements as per policy
Required Competencies
- Experience of using SAP/S4 system
- Knowledge of Indirect & Direct - Tax
- Communication Skill, High proficiency in MS Excel & MS Office Policy & Strategy
- Effective communication
- Legal and Regulatory Understanding (eg-FEMA)
- Networking
- Leadership
Experience & Education
- 8+ years experience in Finance & 3+ years in an Finance Managerial role.
- Highly-analytical with strong attention to detail
- Capable to drive projects and change across the entire organization
- Can contribute positively to a team and a variety of situations and people
- B Com / M Com. /M.B.A, Other relevant post graduation qualification.
This position reports to Head - Finance, Accounts & Treasury.
Disclaimer: This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.
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