Manager - Accounts Receivable

Job Summary


Responsibilities

• Support business in customer credit matters (e.g. credit limits and payment terms)
• Strict monitoring and implementation of Credit Policy
• Evaluate credit risks and suggest solutions aimed to mitigate the risk exposure
• Manage customer overdues and claims/disputes to ensure timely resolution
• Processing inbound payments and accurately reconcile payments on customers accounts
• Liaise with customers to ensure payments made to terms and need based visit to customers
• Customer reconciliation.
• Improve NWC with monitoring of DSO
• Review accounts on credit hold and initiate communications with the business on legal actions where necessary
• Manage and coordinate communication with customers and all Sandvik stakeholders
• Support intercompany reconciliation
• Validate that internal controls are implemented and operational
• Implement and support the development of AR processes, policies, rules and authorization matrix/limits
• Lead and support Projects and initiatives to implement processes for organisation benefits
• Responsible for all financial audits and query resolutions related to AR function
• Responsible for supporting BA and Country Finance in the AR process
• Responsible for managing and developing the AR team including setting objectives, conducting performance reviews etc.
• Handling TCS compliances (payment, returns and reconciliations) and support TDS reconciliation
• Ensure closure of Inter Company reconciliations
• Ensure closure of Export bills as per RBI regulations(EDPMS)/IRM/GR Waiver
• Compute Foreign currency exposure and hedging requirements as per policy

Required Competencies

• Experience of using SAP/S4 system
• Knowledge of Indirect Direct - Tax
• Communication Skill, High proficiency in MS Excel MS Office Policy Strategy
• Effective communication
• Legal and Regulatory Understanding (eg-FEMA)
• Networking
• Leadership

Experience Education

• 8+ years experience in Finance 3+ years in an Finance Managerial role.
• Highly-analytical with strong attention to detail
• Capable to drive projects and change across the entire organization
• Can contribute positively to a team and a variety of situations and people
• B Com / M Com. /M.B.A, Other relevant post graduation qualification

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