22 Oct
|
Tenneco
|
Gurugram
Job Summary: The Senior Manager, AR Finance Americas provides Tenneco ownership of Accounts Receivable governance, controls, compliance, and performance across Powertrain (PT) and Clean Air (CA) in the Americas. The role combines PT North America operational oversight, CA control responsibilities, and hands-on governance of 3POs delivery and improvement projects. It serves as Tenneco's primary AR point of contact for the region, ensuring solid controls, clear accountability, standard processes, and effective execution. Primary
Responsibilities:
• Act as Tenneco’s primary point of contact for Accounts Receivable across the Americas.
• Lead AR process governance for CA and PT and ensure alignment with Tenneco Global Process Standards.
• Partner with plants and 3POs to implement, sustain, and improve standardized AR processes across the region.
• Monitor past-due receivables and drive recovery actions to maintain performance within targets established by Tenneco leadership.
• Review and approve AR account reconciliations for CA and PT, including PT North America, and ensure timely resolution of reconciling items and risks.
• Review and validate bad debt reserves and write-off proposals for CA and PT in line with Tenneco policies and financial reporting requirements.
• Review forecasted customer receipts and month-end past-due performance, identifying risks, opportunities, and required actions.
• Explain variances in collections, customer receipts, past due, DSO, bad debt, and working capital performance.
• Partner with the Americas FP&A; team during month-end reviews, cash forecasting, variance analysis, and performance discussions.
• Review and approve role assignments and access creation requests managed with 3P ensuring compliance with internal controls and segregation of duties.
• Govern customer portal access, including approvals, periodic access reviews, and compliance monitoring.
• Provide business approvals for Customer Master Data workflow creation and process changes within delegated authority.
• Participate in Serrala pilot activities, business testing, process adaptation, deployment readiness, and change implementation.
• Act as the escalation point for complex or recurring issues involving collections, disputes, cash application, reconciliations, Customer Master Data, portal access, and bad debt.
• Monitor 3POs service delivery through KPIs, SLAs, process compliance, and corrective action plans.
• Lead root-cause analysis and remediation of upstream and downstream process gaps affecting AR performance.
• Drive process standardization, controls, system enhancements, automation, and continuous improvement across the Americas.
• Prepare and communicate AR performance, risk, compliance, and project updates to Tenneco leadership and key stakeholders.
• Lead projects assigned by Tenneco leadership, ensuring clear ownership, stakeholder alignment, timely execution, and measurable outcomes.
• Provide direct operational oversight for PT North America AR activities while retaining Tenneco accountability for decisions, approvals, controls, and audit support.
• Review and approve AR reconciliations and ensure timely resolution of aged reconciling items for PT and CA.
• Approve user access,
role assignments, and segregation-of-duties controls, including periodic user-access reviews.
• Provide business approvals for Customer Master Data creation and maintenance workflows within delegated authority.
• Review and approve AR and PT Corporate adjustments, write-offs, re-aging requests, and bad debt proposals in line with Tenneco policies.
• Review and approve North America AR SOPs and ensure procedures remain aligned with global standards and control requirements.
• Prepare and review the Customer Receipts Forecast using expected customer payment behavior, open receivables, and known collection risks.
• Own the Tenneco response and remediation plan for AR audit findings, control gaps, and compliance actions.
• Provide hands-on governance of 3POs performance, including close follow-up, clear communication, escalation, corrective actions, and delivery of assigned efficiency projects.
Education:
Bachelor’s degree in finance, Accounting, Business Administration, or a related field. A master’s degree or professional certification is preferred.
Experience:
At least 7 years of experience in Accounts Receivable, finance operations, shared services, service-provider management, or related financial processes.
Skills:
• Strong knowledge of AR, collections, cash application, reconciliations, bad debt, Customer Master Data, internal controls, and working capital management.
• Experience with ERP systems and AR solutions, supported by strong analytical, reporting, and performance-management capabilities.
• Strong communication, stakeholder management, problem-solving, decision-making, change leadership, organization, and ability to work effectively across cultures and priorities.
📌 Senior Manager, AR Finance (Gurugram)
🏢 Tenneco
📍 Gurugram