Head Account Recieveble

Job Description

Responsibilities:

1. Effective management of all receivables and ensuring the company achieves the set target;
2. Custodian of ageing analysis and ensuring over dues are kept under control;
3. Ensuring financial prudence is maintained such that the customer reconciliations and disputes are kept at a minimum and customer ledger are updated and aligned with the company books;
4. Supporting Corporate Finance and Planning team in budgeting and forecasting process;
5. Receivables meetings on regular basis with internal and external counterparts;
6. Ensure AR team maintain daily diary of payment follow-up activity and generate SOA;
7. Reconciliation of customer accounts, follow-up payment with operations teams communicates with customers including establishing direct contacts;
8. Daily tracking of bank statement and post bank transfers from customers on daily basis.
9. Monthly Exception Reporting;
10. Supervising monthly bank and customer reconciliations and closing of books of accounts;
11. Escalating with Head of Finance on any anomalies in recoveries or receivable ageing;
12. Assist in the development of scorecards, measurement tools and KPI’s;
13. Prepare/support ad hoc reports and analysis and active participation in special projects;
14. Receivable Ledger monitoring and resolutions, internal and external reporting under IFRS;
15. Ensuring that judicious and well-structured reconciled data, including tax information and reporting, has been sent to reporting team and tax consultants on timely basis;
16. Meeting and coordination with customers and respective teams, solving their queries based on SOP and maintaining proper documentation for retrieval of record;
17. Managing internal and external audits – including special audits;
18. Monitoring compliance to policy, process and regulations; and
19. Recommending improvements in receivable and other relevant processes within defined internal controls by designing well understandable dashboards for presentation