Manager - Accounts Receivable
4 days left
- Employer
- Nivoda
- Location
- Mumbai
- Posted
- Dec 11, 2024
- Closes
- Jan 17, 2025
- Ref
- 4885489586
- Role
- Bookkeeper
- Level
- Manager
- Certification
- CMA: Preferred
- Work Mode
- Remote
- Hours
- Full Time
- Organization Type
- Corporate
Position Title: Manager - Accounts Receivable
Department: Financial Operations
Reporting To: Controller - Financial Operations
Working Hours: 10AM IST - 7PM IST
Position Overview:
Are you an experienced AR professional ready to lead in a fast-paced, high-volume environment? We are looking for a dynamic Manager to helm our Accounts Receivable (AR) team. In this role, you'll not only manage global AR operations but also get to work with cutting-edge financial tools, banking integrations, and virtual account wallets. If you thrive on optimizing processes and driving efficiency across a global platform, this is the opportunity for you.
Why You’ll Love This Role:
This is not just any AR management role-it's an opportunity to work with innovative financial tools in a fast-moving, high-volume environment. You'll be at the forefront of optimizing our global AR operations, driving change, and making a significant impact for the team. If you have the experience and passion for taking on complex challenges and leading a high-performing team, we want to hear from you.
Key Responsibilities:
Leadership & Management:
Global AR Operations:
Systems & Technology:
Process Optimization:
Financial Accounting Flow:
Reporting & Analysis:
Qualifications:
Preferred Skills:
Department: Financial Operations
Reporting To: Controller - Financial Operations
Working Hours: 10AM IST - 7PM IST
Position Overview:
Are you an experienced AR professional ready to lead in a fast-paced, high-volume environment? We are looking for a dynamic Manager to helm our Accounts Receivable (AR) team. In this role, you'll not only manage global AR operations but also get to work with cutting-edge financial tools, banking integrations, and virtual account wallets. If you thrive on optimizing processes and driving efficiency across a global platform, this is the opportunity for you.
Why You’ll Love This Role:
This is not just any AR management role-it's an opportunity to work with innovative financial tools in a fast-moving, high-volume environment. You'll be at the forefront of optimizing our global AR operations, driving change, and making a significant impact for the team. If you have the experience and passion for taking on complex challenges and leading a high-performing team, we want to hear from you.
Key Responsibilities:
Leadership & Management:
- Lead, mentor, and manage an Accounts Receivable team of 10, ensuring high performance, motivation, and continuous development.
- Set clear goals and objectives for the team, with a focus on handling high volumes of transactions and invoices efficiently.
- Collaborate with other departments to support overall company objectives in a high-growth Environment.
Global AR Operations:
- Oversee and manage global AR processes across multiple regions, ensuring compliance and consistency in handling large volumes of invoices.
- Handle a high-volume AR function, managing the processing and reconciliation of thousands of invoices per month.
- Develop and implement strategies to enhance AR performance in line with our ambitious growth plans, aiming to scale the AR function from supporting millions to over $100M+ in monthly transactions.
- Coordinate with global teams to handle diverse AR functions, including cross-border challenges and integrations.
Systems & Technology:
- Optimize AR systems (e.g., ERP) to handle tens of thousands of invoices monthly, ensuring efficiency and accuracy in invoicing, reconciliations, and reporting.
- Manage diverse payment types and lead initiatives to integrate new technologies or upgrade existing systems, with a focus on banking integrations, card acquisition payment types, ACHs, bank transfers, cheques and virtual account wallets.
- Design and optimize invoice templates to ensure clarity, compliance, and efficiency in billing processes.
- Work closely with the IT team to resolve system-related issues and implement improvements that support high-volume operations.
Process Optimization:
- Identify areas for process improvement within the AR function, focusing on handling high volumes and streamlining operations to enhance efficiency.
- Implement best practices in AR management, ensuring they are applied consistently across the team to support scalability.
- Ensuring they are up-to-date, effectively communicated, and geared towards handling high transaction volumes.
Financial Accounting Flow:
- Ensure accurate and timely recording of AR transactions in the financial accounting system, handling thousands of transactions monthly.
- Ensure that all credit notes and invoices are processed accurately and in a timely manner.
- Work closely with the finance team to reconcile AR sub-ledgers with the general ledger in a high-volume environment.
- Support the monthly, quarterly, and annual financial close processes, ensuring that AR related entries are accurate and timely.
Reporting & Analysis:
- Generate regular AR reports and analysis for senior management, with a focus on high-volume data trends, risks, and opportunities.
- Provide insights and recommendations for improving AR processes and customer query resolution in a fast-moving environment.
- Collaborate with the finance team on reporting in the accounting software, supporting decision-making with accurate, high-volume data.
Qualifications:
- Bachelor’s degree in Finance, Accounting, or a related field (Master’s degree or professional certifications such as CPA, CMA is a plus).
- Minimum of 4-5 years of experience in Accounts Receivable management, with at least 1 year in a leadership role, handling thousands of invoices monthly.
- Proven experience in managing global AR operations across multiple regions, with a focus on high-volume processing.
- Proficiency in ERP systems (e.g., Oracle/Netsuite) and other AR-related software, with a preference for candidates experienced in banking integrations and virtual account wallets.
- Demonstrated experience in process optimization and driving operational efficiency in high-growth environments.
- Extensive experience in managing high-volume AR functions, with the ability to handle thousands of invoices per month.
- Excellent analytical, problem-solving, and decision-making skills.
- Strong communication and interpersonal skills, with the ability to lead and collaborate with cross-functional teams.
Preferred Skills:
- Experience with automation tools in AR processes, particularly in high-volume environments.
- Experience in working with large multinational corporations, managing AR functions that support substantial monthly transaction volumes.
- Familiarity with card acquisition payment types, ACHs, bank transfers, and virtual account wallets.