Assistant Manager- Accounts Receivable

"The position involves driving Collection Accounting & Assurance for the entire offline business of the company with a clear focus on Order to Cash monitoring for entire gamut of 1000+ Stores as well as 300+ Home Eye Check Up touch points. The position is responsible for daily order to cash reconciliation, identifying cash leakages, coordinating with all touch points to solve routine issues and ensuring completeness as well as accuracy of Cash being collected and Revenue being reported for entire offline channel. This role will also involve building appropriate financial governance around revenue reporting & collection management for the entire offline business to ensure there are no possible leakages.

Experience Required : 4-8 yrs

Qualification : M.com/MBA Finance
The Position would be responsible for the following deliverables :
1. Strengthen controls and adequate discipline around timely accounting and reporting of Revenue for across entire offline channel, which includes COCO/FOFO/HTO.
2. Perform Daily Order to Cash reconciliation with Pine Lab and all Digital Wallet providers to ensure 3 way reconciliation between orders booked vs settlement reports vs the money eventually collected in the bank.
3. Coordination with Stores as well as CMS partners to ensure timely deposit and reconciliation of entire Sales Cash
4. Ensure timely activation of Card and Cash Collection modes in the new stores to ensure there is no business disruption
5. Monitoring & Controlling Card and Wallet Charges to ensure all payments are in line with the agreed arrangement provide chargeback to stores on monthly basis
6. Establish adequate controls around revenue vs collection reconciliations to minimize cash leakages and ensure that entire collection is received as per aligned TATs
7. Participate in business process and IT systems changes that may affect the company's ability to identify, monitor, collect or safeguard revenue (e.g. new system implementations/upgrades, new product roll outs, etc.)
8. Work with cross functional Teams and more importantly the business operations teams to ensure all revenue workflows are duly aligned.
9. Drive adherence to processes pertaining to timely closure of both statutory & internal audits.