Group Manager - AR

Key Responsibilities :

Accounts Receivables Management

Oversee end-to-end accounts receivable processes, including invoicing, collections, and

reconciliations.

Lead team to raise invoices on a T+2 basis, ensuring all revenue entries are accurately reflected

in the accounting system

Monitor and ensure timely collections from clients and partners while maintaining a positive client

relationship.

Conduct monthly reconciliation of AR sub-ledger to the General Ledger (GL), maintaining

accuracy rate with zero unreconciled items by month-end close.

Lead team to follow a compliance checklist specific to GST application in billing, achieving 100%

adherence to GST regulations.

Develop and implement strategies to reduce days sales outstanding (DSO) and improve cash

flow.

Design and implement a record retention policy for AR documents, ensuring 100% compliance

with internal and external audit requirements

Prepare monthly audit schedules and address audit queries within a 48-hour timeframe,

achieving a zero-audit observation rate for the AR function.

Lead team to develop a real-time dashboard for internal reporting on AR metrics

Team Leadership

Lead and mentor the accounts receivables team, ensuring high performance and professional

growth.

Establish clear KPIs for the team and monitor performance against objectives.

Stakeholder Collaboration

Collaborate with the sales and account management teams to resolve billing discrepancies and

improve processes.

Maintain strong communication with clients to address payment delays and resolve disputes

effectively.

Process Optimization

Identify process inefficiencies and implement automation and system improvements to enhance

productivity.

Establish and maintain strong internal controls to safeguard the company’s receivables.

Reporting & Compliance

Prepare regular accounts receivable aging reports, unbilled report, and provide actionable

insights to management.

Reconciliation of revenue from Order Management System and books

Reconciliation of retail revenue with PG report

Ensure compliance with accounting standards and company policies related to revenue and

receivables.

Risk Management

Assess creditworthiness of clients and establish appropriate credit limits and terms.

Proactively identify and mitigate risks related to receivables.

Qualifications & Skills

Bachelor’s and Masters degree in Accounting, Finance, or related field

Minimum of 8 years of experience in accounts receivables, with at least 3 years in a leadership

role.

Strong knowledge of AR processes, financial systems, and ERP tools (e.g., SAP, Oracle, or

equivalent).

Proven ability to lead a team and manage high-pressure situations effectively.

Excellent analytical, problem-solving, and decision-making skills.

Exceptional communication and interpersonal skills.

Experience in the healthtech industry is a plus.