Assistant Manager – Accounts Receivable

JOB Title: Assistant Manager – Accounts Receivable
Experience : 5 to 8 years
Location: Mumbai

JOB Description:

Role Overview:

The Assistant Manager – Accounts Receivable (AM AR) will manage end-to-end AR operations including invoicing, collections, reconciliation, and reporting. The role requires strong analytical ability, advanced Excel skills, and logical thinking to drive data-backed decisions, improve processes, and ensure healthy cash flow.

Roles and Responsibilities:

Accounts Receivable Management

Oversee invoicing, billing, and collections processes

Ensure timely and accurate invoice generation

Monitor aging reports and take proactive actions

Collections & Cash Flow

Follow up on outstanding receivables and ensure timely collections

Work towards reducing DSO and improving cash flow

Analyze payment patterns and identify collection risks

MIS & Reporting (Key Focus Area)

Prepare and maintain detailed MIS reports for management

Generate daily/weekly/monthly AR dashboards

Analyze trends in receivables, aging, and collections

Provide actionable insights based on data analysis

Reconciliation & Problem Solving

Perform customer account reconciliations

Identify discrepancies and resolve them using logical analysis

Investigate complex billing/payment issues

Excel & Data Handling (Critical Requirement)

Use advanced Excel functions (Pivot Tables, VLOOKUP/XLOOKUP, SUMIFS, etc.)

Handle large datasets efficiently

Build automated reports and trackers

Team Management

Supervise AR team members

Allocate work and monitor performance

Train team on reporting and process improvements

Client Coordination

Communicate with clients for collections and issue resolution

Handle escalations professionally

Coordinate with internal teams (Sales, Operations)

Compliance & Controls

Ensure adherence to internal policies and audit requirements

Maintain proper documentation for audits

Qualifications and Skills:

5–8 years of AR / O2C experience

Strong MIS reporting and data analysis experience

Advanced Excel skills (mandatory)

Strong logical thinking and problem-solving ability

Good communication and stakeholder management skills

Experience with ERP systems (SAP/Oracle/NetSuite, etc.) will be added advantage

Preferred Skills:

Experience in handling international clients

Knowledge of GST / taxation

Process improvement and automation exposure

KPIs / Performance Metrics:

DSO reduction

Collection efficiency

Accuracy and timeliness of MIS reports

Quality of data analysis and insights

Aging control and dispute resolution time