02 Oct
|
Wakefit
|
Bengaluru
About Wakefit:
Wakefit is a leading home solutions company specializing in high-quality, cutting-edge, and
affordable home and sleep solutions. As a rapidly growing organization, we are committed to
enhancing the well-being of our customers by providing products that promote healthy living.
Job Summary:
The Finance Manager - Accounts Receivable will be responsible for overseeing the accounts
receivable process, ensuring accurate and timely collection of payments, maintaining
customer accounts, and enhancing the company's cash flow. This role requires strong
analytical skills, attention to detail, and the ability to work collaboratively with various
departments to optimize the receivables process.
Key Responsibilities:
Accounts Receivable Management:
o Oversee the entire accounts receivable process from invoicing to collection.
o Monitor accounts to identify outstanding debts and follow up on overdue
payments.
o Ensure timely and accurate processing of invoices and payment receipts.
o Reconcile accounts receivable ledger to ensure all payments are accounted for
and properly posted.
Cash Flow Optimization:
o Develop and implement strategies to improve cash flow and reduce days sales
outstanding (DSO).
o Forecast cash receipts and manage cash collections to ensure liquidity.
Customer Relationship Management:
o Maintain positive relationships with customers to facilitate timely payments
and resolve any billing issues.
o Address and resolve customer queries and discrepancies promptly and
professionally.
Reporting and Analysis:
o Prepare regular reports on accounts receivable status, aging reports, and
collection performance.
o Analyse trends and provide insights to management to support decision-
making.
Policy and Process Improvement:
o Develop and implement accounts receivable policies and procedures to
enhance efficiency and accuracy.
o Continuously review and improve the receivables process to align with best
practices and company goals.
Team Leadership:
o Lead
📌 Finance Manager (Bengaluru)
🏢 Wakefit
📍 Bengaluru