Deputy Manager / Assistant Manager – Accounts Receivable

Department: Finance & Accounts Designation: Deputy Manager / Assistant Manager – Accounts Receivable

Location: Mandideep, Madhya Pradesh

Experience: 5–10 Years Salary Range: 7LPA to 10 LPA

Industry Preference: Manufacturing / Rental / Equipment / Service Industry

Job Summary

We are looking for an experienced and result-oriented professional for the position of Deputy Manager / Assistant Manager – Accounts Receivable. The role will be responsible for managing customer outstanding, payment follow-up, accounts receivable tracking, insurance coordination, customer queries, SAP-related activities, and coordination with internal and external stakeholders. The candidate should have strong knowledge of Accounts Receivable, collections, customer reconciliation, SAP, MIS, insurance claims, invoicing and commercial coordination, along with good analytical and stakeholder-management skills.

Key Responsibilities

- Customer Outstanding & Collections Prepare and monitor the Customer Outstanding Report on a regular basis. Collect Payment Advice from customers and ensure timely adjustment/posting in SAP. Follow up with sites for pending GRNs and coordinate for timely completion. Conduct regular payment follow-up with customers for outstanding invoices. Prepare and share outstanding reports with relevant stakeholders. Ensure timely updating and uploading of relevant information in SAP. Coordinate with customers and internal teams to resolve outstanding-related issues. Follow up on overdue receivables and support timely collection.
- Customer Query Management Coordinate with customers for operational, commercial and sales-related queries. Identify the root cause of customer issues and coordinate with the respective departments for resolution. Ensure timely closure of customer queries impacting collections and receivables. Maintain proper records of pending and resolved customer queries.
- Insurance Management & Claims Coordinate insurance policy renewals and endorsements. Maintain and regularly update the Insurance Policy Tracker and share it with stakeholders. Process insurance claims related to company assets, including:



o Claim intimation o Documentation o Negotiation with the insurer/surveyor o Claim settlement follow-up Maintain and update the Insurance Claim Tracker. Coordinate with internal teams, insurance companies, brokers and surveyors for timely claim settlement.

4.

Accounts Receivable

Management Maintain a comprehensive tracker for all asset and manpower hiring. Ensure all ad-hoc invoices are properly captured and tracked. Verify Spare Parts and Wheels invoices before submission to customers. Monitor and ensure correct GL mapping/capturing. Track customer Purchase Orders (POs) and ensure alignment with billing requirements. Maintain the Short-Term Business Tracker. Follow up with customers for contract-related requirements and renewals. Track decommissioned machines and coordinate with the concerned team for sharing open quotations with customers. Monitor contractual billing and commercial issues affecting receivables.

- Cross-Functional Coordination Coordinate closely with Operations, Sales, Service and Commercial teams for smooth receivable management. Coordinate with Operations regarding attendance and service-supporting documents required for billing. Coordinate with Sales regarding: o Contractual disputes o Customer issues o Contract renewals o Commercial requirements Ensure timely resolution of issues impacting invoicing and collections.
- SAP & Master Data Management Create and maintain SAP master data, including: o Cost Centre o Business Partner (BP) Master o Asset Configuration Manage SAP General Authorizations and maintain proper control over SAP user IDs. Coordinate and follow up on SAP tickets related to: o Bugs o New developments o System updates o Process improvements Ensure accuracy and integrity of relevant SAP data.
- MIS & Reporting Prepare and share Sales MIS and other management reports. Maintain accurate trackers for outstanding, collections, insurance, claims, contracts, POs and other AR activities.



Analyze receivable data and highlight critical overdue accounts and collection risks to management. Ensure timely and accurate reporting to management and stakeholders.
- Data & Document Control Drive the Master Data Cleaning Process. Conduct regular Open Document Cleaning in SAP. Identify and resolve old/pending open items and documentation gaps. Ensure proper documentation and records are maintained for audit and management review.

Key Skills & Competencies

- Strong knowledge of Accounts Receivable and Collections.
- Good understanding of customer outstanding and reconciliation.
- Hands-on experience in SAP.
- Knowledge of invoicing, customer PO and contract management.
- Experience in insurance policy and asset claim management.
- Strong Excel and MIS reporting skills.
- Good analytical and problem-solving abilities.
- Solid customer and stakeholder-management skills.
- Good communication and negotiation skills.
- Ability to coordinate with multiple departments and customers.
- Strong follow-up and ownership of receivables.
- Ability to work independently and manage multiple priorities. Educational

Educational Qualification

- B.Com / M.Com / MBA Finance / CA Inter / equivalent qualification.
- Additional SAP/Finance certifications will be an advantage.

Experience

- 5–10 years of relevant experience in Accounts Receivable, Credit Control, Collections, Commercial Finance, Customer Accounting or a similar role.
- Candidates from Manufacturing, Equipment Rental, Automotive, Logistics, Engineering or Service Industries will be preferred.

Key Performance Areas (KPIs)
- Reduction in customer outstanding and overdue receivables.
- Timely collection against due invoices.
- Accuracy of customer outstanding reports.
- Timely adjustment of customer payments in SAP.
- Timely resolution of customer queries.
- Timely GRN and PO follow-up. Accuracy of invoicing and GL mapping.
- Timely closure of insurance claims.
- Accuracy and timely completion of SAP master-data activities.
- Timely submission of MIS and management reports.
- Reduction of old/open documents and pending items.
- Effective coordination with Sales, Operations and Commercial teams.

Apply at [email protected] or (phone hidden)

Pay: ₹700,000.00 - ₹1,000,000.00 per year

Work Location: In person

📌 Assistant Manager Accounts (Mandideep)
🏢 Concept Management
📍 Mandideep