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Accounts Receivable Manager
Accounts Receivable ManagerJSW • Republic Of India, IN
Accounts Receivable Manager

Accounts Receivable Manager

JSW • Republic Of India, IN
3 days ago
Job description
  • Responsible for the overall AR and Trade Finance process entailing
  • Domestic LC & BOE, Cash Applications, Reporting, Credit Notes and Debit Notes
  • Domestic discounting of ~ 300 Crores per Year
  • BOE creation for ~ 1000 Crores per Year
  • Export LC & BOE, Cash Applications, Credit Notes and Debit Notes & FMEA compliance
  • Collection of ~ 1000 Crores per Year
  • Import LC, CAD, Supplier Credit, FOREX Remittances
  • Raw Material Import of ~ 2,000 Crores per Year
  • Stores and Spares Import of ~ 500 Crores per Year
  • CAPEX Import of ~ 4000 Crores per Year
  • Manage overall performance of the F&A AR and Trade Finance process by providing strategic and operational leadership for the following JSW businesses
  • Steel and Subsidiaries, Cement, Energy, Infrastructure, Paints
  • Ensuring effective service delivery, maximum client satisfaction and team management
  • Negotiate, develop and deliver SLAs and ensure flawless execution of operational processes and procedures by the SSC team
  • Identifies causes for non-achievement of SLAs, develop solutions and execute the same.
  • Monitor and report Key Performance Indicators (KPIs) on a timely and accurate basis
  • Support business in handling the volume increase due to growth expansions, with the assigned team and minimal increase in Head Count
  • Drive continuous improvement through Robotics, re-engineering, lean / six sigma, best practices framework, benchmarking, analytics to assure progressive service levels and lower costs
  • Represent AR and Trade Finance functions in SSC governance meetings and performance reviews
  • Conduct weekly meetings with stake holders and Create feedback mechanism to ensure no surprises
  • Develop strategic & tactical plans to identify, analyze and effectively respond to client needs
  • Actively engage with team managers and key managers to ensure customer satisfaction and address their pain points
  • Analyze the market best practices and implement in the assigned process within GBS
  • Work along with Transition team and identify process that can be moved to GBS
  • Ensure process compliance with all business rules and regulatory directives, adherence to all operational process and procedures
  • Adequate controls through ICFR to evaluate risk and implement mitigation plans.
  • Manage the Statutory audit for the assigned functions
  • Take overall responsibility for adhering to approved budget for the assigned functions and monitoring of cost and expenses
  • Ensure effective people management and development of the operations team, including : staffing & selection, integration of new staff to teams, promote a learning culture, measure individual and team goals delivery, provide feedback and managing people issues, build a strong team culture,
  • Ensure adherence to all statutory and legal requirements Identify additional scope for shared services based on changing business requirements and priorities of the Group.
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    Account Manager • Republic Of India, IN

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