Job ID : 2699

About Company

Conceived in 1994, it aims to make parenting a more joyful journey. From a single-store outlet to now being a Pan India entity with more than 100 outlets, The company currently is a 200-crore empire that is home-grown.

the popular baby care and parenting brand launched in 2007 by the company, offers a large variety of products across all categories including Skin and Oral Care, Feeding, Infant Utility Accessories, Travel, Nursery, Toys, Fashion and Maternity which ensures every requirement of a parent

operating with a network of 200 distributors, supplying over 10000+ baby stores and chemists to reach and provide quality products to as many parents across the nation; The company has regional offices in all the zones of India to offer uninterrupted customer service to their retail partners/network and customers throughout the country

Job Description

Brief:

responsible for the overall invoicing, collection, cash application activities, and timely management of all AR ageing components. The Accounts Receivable Manager will also maintain and improve sustained cash flow through diligent and aggressive monitoring of our customer accounts

Job Responsibilities:

• Generation and Preparation of bills of unpaid statements from the system and follow-up for payment against overdue and regular invoices.
• Regularly sending reminders to customers for payments overdue/outstanding 
• To perform reconciliation of invoices and prepare AR reports of payments.
• Coordinating with the team to resolve the issues related to Invoices /Debit-credit disputes.
• To perform day-to-day financial transactions, verifying and classifying, and recording accounts receivables data.
• Reconcile the accounts receivable ledger to ensure that all payments are accounted for and properly posted.
• Creation and implement strategies to increase the number of successful collections on outstanding debt.
• Monitoring and generating debtor’s reports such as ledger, unpaid statement, sales & collection report, ageing report etc to identify overdue payments.
• Oversee the collection of outstanding invoices to minimize profit loss while ensuring it is handled appropriately and as per company policy.
• Preparing Collection targets weekly for regular and disputed customers as per their payment terms and conditions.
• Processing and refunding the advance or excess payment made by customer.
• Arranging and taking weekly review meeting with related internal departments to achieve the collection target.
• Responsible to review account allocations and collections targets by the bucket to stakeholders/in-house team
• Coordinating and interaction with legal team to ensure legal action is taken on specified/disputed cases
• Maintain relationships with key and regular clients to ensure timely collections are made.
• Maintain strong working relationship and reduce the number of clients who stop working the company.
• The key responsibility of the role is to identify suitable tactics or strategies for timely collections.
• On regular basis checking supply credit limit of all customers, controlling and managing limits to maintain the accuracy as per company policy.

Skills:

• Proven work experience as an Accounts Receivable Manager or Supervisor
• Hands-on experience with accounting software
• Familiarity with advanced formulas in MS Excel
• Excellent analytical skills and ability to create and present detailed reports.
• Ability to accurately process numerical data
• Team management and negotiation skills
• Problem-solving attitude and Confidentiality

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