AR Manager, Mumbai

Job description As an Analyst, you will be part of a team responsible for performing tasks within the Order to Cash stream (Accounts Receivable&Collections), as well as your involvement in the Month End Closing process and some other specific accounting activities related to the stream. The performance should meet the requirements defined in the SLA/KPI s Client Set Up Performing the due diligence on new customers/suppliers, requesting theKYC information, documentation, review and verification of received documentation and making an analytical risk assessment for all counterparties Conduct credit checks Prepare Commercial Summary of the contract Invoicing Monitor processing of invoices on Clients based on information received from operationsEnsuring compliance with contract Cash Allocation Booking and Allocation of payments received from clients. Assist with client reconciliation Ensure Credit Notes and Invoices are properly offset. Credit Control Following up with Clients for collecting money Ensuring excellent rapport&relationship with clients Preparing Summary of money collected and overdue accounts Identifying reasons/ block for non-payment of monies by clients Following up with relevant departments to resolve issues so that money can be collected from client Developing templates, policies, and procedures by each client for ensuring money from concerned clients are collected on timely basisLiaison with Lawyers when needed for Delinquent accounts AR Insurance Understand the coverage requirements for AR Knowledge Transfer - Transition of the activity to India for this function Manages the Insurance requirements, coverage, settlement and renewal process on an ongoing basis. Customer Service and ReconciliationLiaise with Operations to resolve any queries raised by Clients Responding to inquiries from operations / clients and resolve issues. Perform AR reconciliations. Month End Assist with AR sub-ledger close process and other Month End activities (Bad debt provision, Unbilled Revenue, WIP) Ensure monthly checklists are completed by the month end and signed off by Senior AccountantPrepare monthly, quarterly, annual and ad- hoc forecasting reports CA with 5-7 years of experience in Managing Order to Cash Process. Working with BPO companies will be added advantage Experience in a O2C Process Strong communication skills Experience of operating within a finance shared service environmentEnthusiastic, self-motivated, adaptable, and flexible Ability to perform under pressure Problem-solving skills