Accounts Receivable Executive

Accounts Receivable Executive Urology Division

Department: Finance & Accounts
Location: Mumbai - 6 days working
Reporting To: Finance Manager / Business Finance Head

Job Purpose

To ensure timely collection of outstanding payments from distributors, hospitals, and institutional customers for the Urology Division by coordinating closely with the Sales Team, Distributors, and Finance Department, thereby supporting healthy cash flow and reducing overdue receivables.

Key Responsibilities

Collection & Receivables Management

• Follow up with distributors, hospitals, and institutional customers for outstanding payments.
• Monitor customer-wise outstanding balances and aging reports.
• Ensure timely collection of payments as per agreed credit terms.
• Maintain collection trackers and provide regular updates on overdue accounts.

Distributor & Customer Coordination

• Build strong working relationships with distributors and key hospital accounts.
• Resolve payment-related queries and coordinate with relevant stakeholders for closure.
• Track pending invoices, debit notes, and credit notes impacting collections.
• Escalate long-pending payment issues to management.

Sales Team Coordination

• Work closely with Regional Sales Managers (RSMs), Area Sales Managers (ASMs), and Territory Sales Managers (TSMs) to recover overdue payments.
• Support the sales team in reconciliation and payment dispute resolution.
• Share customer aging reports and collection status with business stakeholders.

Reconciliation & Reporting

• Perform customer ledger reconciliations.
• Prepare weekly and monthly collection MIS reports.
• Track overdue accounts and recommend corrective actions.
• Maintain accurate records of collection commitments and follow-up actions.

Compliance & Process

• Ensure adherence to company credit policies.
• Support internal and external audits related to receivables.
• Coordinate with Finance and Commercial teams for account settlements.

Qualification

• B.Com / M.Com / MBA Finance preferred.

Experience

• 2–6 years of experience in Accounts Receivable, Collections, Credit Control, or Distributor Management.
• Experience in Medical Devices, Pharma, Healthcare, Diagnostics, or FMCG industries preferred.

Required Skills

• Strong follow-up and negotiation skills.
• Excellent communication and stakeholder management.
• Knowledge of Accounts Receivable and Collection processes.
• Proficiency in Excel and ERP systems (SAP/Oracle/Zoho/Similar).
• Ability to work closely with Sales and Finance teams.
• Strong analytical and reconciliation skills.

Key KPIs

• Collection Efficiency (%)
• Reduction in Overdue Outstanding
• DSO (Days Sales Outstanding)
• Distributor Reconciliation Closure
• Recovery of Long-Pending Payments
• Accuracy of Collection MIS

Preferred Background: Candidates from Medical Devices, Pharma, Diagnostics, Healthcare, FMCG, or Distribution-based industries with strong experience in distributor collections and hospital payment follow-ups.Role & responsibilities

Preferred candidate profile