Credit Control Manager - Accounts Receivables [Immediate Start]

An Accounts Receivable (AR) Manager oversees the entire accounts receivable process of Aurolab Trust and Aurolab Foundation, ensuring invoices are accounted accurately and collections are happening on time, while managing a team and maintaining Customer relationships. He is responsible for supervising staff, implementing and improving processes, and ensuring compliance with company policies and regulations.

Brief job responsibilities :

• Accurately post and apply incoming payments to customer accounts, performing regular reconciliations of accounts receivable ledgers.
• Monitor customer accounts for late payments, initiate timely follow-up actions through various communication channels (phone, email), and professionally resolve any billing disputes or discrepancies.
• Prepare and analyze accounts receivable reports, such as aging reports, to provide insights into the status of outstanding payments and support month-end closing processes.
• Ensure that incoming receipts are correctly matched to invoices and posted in the financial system to accurately reflect customer balances.
• Approval of Customer master creation
• Circulation of balance confirmation statements, Customer reconciliation and signoff by both the parties.
• Understanding of bundling concept in Pharma Industry
• Proper closure of Export Data Processing and Monitoring System (EDPMS) outstanding in RBI portal.
• Calculation of incentive for the sales team members and Dealers based on company incentive policy.
• Monitoring of Budget vs actual sales and return on investments related to marketing spend.
• Identifying opportunities to improve efficiency and streamline the AR process, potentially through automation or other changes.
• Working with other departments (e.g., Supply chain, sales, marketing, Commercial etc.,) to ensure smooth flow of transactions.
• Managing and mentoring the team of 4 members in Receivable team.

Key Skills and Qualification :