Job Description
Company:
Piramal Enterprises Limited
Location
Mumbai
Experience
10-12 Years
Key Skills
Accounts Receivable, General Ledger Accounting, Bank Reconciliation, Revenue Accounting
Job Description
Position: Manager Accounts Receivables/Collection
Qualification: CMA,CA
Experience: 7 to 12 years
Location: Mumbai
Job description
REPORTING STRUCTURE:
Role reports to the Chief Manager
QUALIFICATION CA /CMA
EXPERIENCE:
• Minimum of Eight (8) years relevant experience • Proficiency in Microsoft Office and SAP
The ideal candidate must have the ability to prioritize multiple tasks, work with a sense of urgency and meet tight deadlines while handling complex and confidential issues that require resolution.
SKILLS AND COMPETENCIES
Knowledge of Accounts Receivables, Credit Management
Strong knowledge in SAP & Excel
Familiar with Banking Regulations & Treasury functions
Good Communication Skills
KEY ROLES/RESPONSIBILITIES:
Perform the day to day processing of financial transactions to ensure that financials are maintained in an effective, up to date and accurate manner.
Account for collections from customers and apply these appropriately against corresponding invoices. Review all credit balances, refunds, and adjustments and apply adjustments and/or corrections to appropriate billing records.
Providing disposal instructions for Foreign inward remittances and complying with FEMA laws, EDPMS
Coordinate monthly reporting and compliance responsibilities.
Performing Bank reconciliation, Loan reconciliation
Support the statutory audit process, preparation and review of statutory financial statements schedules and drive the audit closure
In-depth analysis and working on financial information related debtors & sales reports
Provide documents for Tax assessments
Revenue Accounting and Cost Accruals for projects based orders (POC mechanism)
Provision of doubtful debts
Communicate with internal & external stakeholders especially customers, Sales, BD, Supply chain & Finance teams as necessary to complete job duties.
Ensure the strict confidentiality and privacy of financial records as they relate to the organization and its customers.
Investigate and resolve billing discrepancies or misapplied cash transactions.
Assist in reporting over key AR Metrics.
Collection follow-ups with customers.
• Update credit limits as per credit policy of company. • Providing Collection Forecast to management
Monitoring Credit Blocks
Solely responsible for adhering to the job policies and meet the SLAs on daily basis and respond to Customer queries on timely manner.
Responsibility involves handling escalation calls, performance reports and individual performance tracking.
Continuously work to improve A/R processes through technology or quality improvements.
Coordinate with the team and support various internal reviews such as internal audit, controls review, etc.
Maintain a proper filing system for all financial documents as part of records management.
Piramal Enterprises Limited
Location
Mumbai
Experience
10-12 Years
Key Skills
Accounts Receivable, General Ledger Accounting, Bank Reconciliation, Revenue Accounting
Job Description
Position: Manager Accounts Receivables/Collection
Qualification: CMA,CA
Experience: 7 to 12 years
Location: Mumbai
Job description
REPORTING STRUCTURE:
Role reports to the Chief Manager
QUALIFICATION CA /CMA
EXPERIENCE:
• Minimum of Eight (8) years relevant experience • Proficiency in Microsoft Office and SAP
The ideal candidate must have the ability to prioritize multiple tasks, work with a sense of urgency and meet tight deadlines while handling complex and confidential issues that require resolution.
SKILLS AND COMPETENCIES
Knowledge of Accounts Receivables, Credit Management
Strong knowledge in SAP & Excel
Familiar with Banking Regulations & Treasury functions
Good Communication Skills
KEY ROLES/RESPONSIBILITIES:
Perform the day to day processing of financial transactions to ensure that financials are maintained in an effective, up to date and accurate manner.
Account for collections from customers and apply these appropriately against corresponding invoices. Review all credit balances, refunds, and adjustments and apply adjustments and/or corrections to appropriate billing records.
Providing disposal instructions for Foreign inward remittances and complying with FEMA laws, EDPMS
Coordinate monthly reporting and compliance responsibilities.
Performing Bank reconciliation, Loan reconciliation
Support the statutory audit process, preparation and review of statutory financial statements schedules and drive the audit closure
In-depth analysis and working on financial information related debtors & sales reports
Provide documents for Tax assessments
Revenue Accounting and Cost Accruals for projects based orders (POC mechanism)
Provision of doubtful debts
Communicate with internal & external stakeholders especially customers, Sales, BD, Supply chain & Finance teams as necessary to complete job duties.
Ensure the strict confidentiality and privacy of financial records as they relate to the organization and its customers.
Investigate and resolve billing discrepancies or misapplied cash transactions.
Assist in reporting over key AR Metrics.
Collection follow-ups with customers.
• Update credit limits as per credit policy of company. • Providing Collection Forecast to management
Monitoring Credit Blocks
Solely responsible for adhering to the job policies and meet the SLAs on daily basis and respond to Customer queries on timely manner.
Responsibility involves handling escalation calls, performance reports and individual performance tracking.
Continuously work to improve A/R processes through technology or quality improvements.
Coordinate with the team and support various internal reviews such as internal audit, controls review, etc.
Maintain a proper filing system for all financial documents as part of records management.
💡 Quick Summary
Seeking a career-building opportunity? The Manager Accounts Receivables|Collection position is now open for candidates interested in the Bank Jobs sector. This role in Mumbai offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
