Assistant Manager - Finance (Order to Cash)

JOB SUMMARY

Responsible for activities in the order to cash cycle for PRI. Primary objective will be to ensure accuracy and timeliness of the O2C processes, including trade scheme management, accounts receivable management, collections, period close activities, reconciliation of customer balances, marketing PO validation in close collaboration with business finance team.

Delivering the agreed SLAs with business finance and CoE team to deliver high level of performance for O2C activities.

KEY RESPONSIBILITIES

Collections and Invoicing Management : Executing the collection process to ensure accurate, timely and efficient customer receipt entries including receipts for scrap sales. Raising of invoices for long short films and ensuring timely knocking off the outstanding balances and the receipt amounts.

Period end Closure Activities : Perform period close activities including review of financial transactions, provisioning and recording of accruals, inventory valuations reconciliations etc. as per compliances to applicable financial reporting framework. Ensuring hygiene of books of accounts.

Customer Creation & Support : Responsible for management of customer accounts of PRI including handling activities like customer KYC, set up of new customers, and monitoring of TCS certificates, identifying dormant customers etc.

Customer Reconciliations : Carrying out the periodic reconciliation of customer accounts and ensure accuracy between billing systems, payments received, and outstanding balances. Supporting business finance, sales team and customers with timely resolution of the queries.

Trade Scheme Process : Responsible for execution of trade scheme as implemented by business finance for customers. Activities include review of trade scheme documents, depletion reconciliation for payout settlements, adequate provisioning, maintaining appropriate documents for safekeeping, sharing payout amounts with payable team for payments and validation / issuance of debit notes to customers.

Compliance and Audits : Execution of transactions in accordance with accounting principles, legal requirements, and internal controls related to O2C process. Perform period end closure activities for regions. Support and resolve audit queries for successful audit completion.

Relationship Management : Build and maintain positive relationships with internal stakeholders and customers. Work closely with business finance, sales and CoE teams to resolve customer issues, address inquiries, and create value. Ensuring continuous compliance to SLAs for higher level of performance.

Team Management : Lead and develop a team of accounts receivable professionals. Provide guidance, mentorship, and training to enhance their skills, productivity, and performance.

PROFILE DETAILS

QUALIFICATION

CA / MBA with 2 to 4 years post qualification work experience in Alcobev / Manufacturing / FMCG or similar industries

FUNCTIONAL SKILLS

• Strong knowledge of O2C processes, financial transactions, reporting including Ind AS and IFRS and month end closing activities
• Proficiency in using accounting software, ERP systems, and Microsoft Office applications.
• Experience with accounts receivable modules and customer relationship management (CRM) systems is desirable.
• Strong negotiation and communication skills, both verbal and written
• Outstanding business acumen along with understanding of domestic and export related O2C activities

BEHAVIOURAL SKILLS