Senior Executive - Accounts Receivable

Overview

We are looking for a meticulous and self-motivated Senior Executive specializing in Accounts Receivable to become a valuable member of our Finance team located in Greater Noida. The candidate will bring comprehensive practice in handling full-cycle accounts receivable responsibilities encompassing invoicing, collection efforts, cash application, reconciliation, credit management, and financial reporting. This position plays a vital role in guaranteeing prompt collection of outstanding payments, precise financial documentation, and reinforcing the organization's fiscal stability.

Key Responsibilities

• Handle the entire accounts receivable workflow including billing, collections, cash postings, and account reconciliations.
• Track and monitor customer accounts, follow up diligently on overdue invoices to ensure timely payments.
• Investigate and rectify discrepancies in customer billing and payment issues.
• Generate and update AR-related reports such as aging schedules, collection progress, cash flow forecasts, and management information systems (MIS).
• Work collaboratively with Sales, Customer Service, and Business units to resolve customer inquiries and facilitate efficient payment collections.
• Design and enforce robust credit policies and control procedures.
• Support monthly and yearly closing activities, including reconciliation tasks and AR reporting.
• Assist in preparing financial reports, budget forecasts, and business management statements.
• Provide necessary data and respond to queries during internal and external audits concerning accounts receivable.
• Identify areas for process optimization and promote best practices to boost operational efficiency and accuracy in the AR department.
• Adhere to corporate policies, accounting standards, and regulatory requirements.
• Offer assistance and mentorship to junior staff members as needed.

Required Skills and Qualifications

• Deep knowledge of accounts receivable and financial management fundamentals.
• Proven experience in invoicing, collections handling, customer reconciliations, and credit management.
• Familiarity with accounting software applications and advanced proficiency in Microsoft Excel.
• Strong analytical capability, problem-solving aptitude, and the ability to interpret financial data effectively.
• Exceptional attention to detail and accuracy.
• Excellent communication skills coupled with efficient stakeholder engagement abilities.

Preferred Qualifications

• Practical experience with ERP platforms such as SAP, Oracle, NetSuite, or Microsoft Dynamics.
• Understanding of tax policies and compliance issues related to accounts receivable.
• Background in financial reporting, aging analysis, and projecting cash flows.
• Capacity to operate autonomously as well as contribute positively in team environments.
• Exposure to fast-paced and dynamic corporate settings.

Educational & Professional Credentials

• Graduation in Finance, Accounting, Commerce, or a similar discipline.
• Between 3 to 8 years of relevant professional involvement in accounts receivable, order-to-cash (O2C) cycle, or financial management roles.
• Professional credentials such as CPA, CMA, CA Intermediate or equivalents will be considered advantageous.

Location and Contact

Role based in Greater Noida, Uttar Pradesh, India.