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Accounts Receivable Lead - FMCG Industry experience

Accounts Receivable Lead - FMCG Industry experience

Lo FoodsBengaluru, Karnataka, India
16 hours ago
Job description

Job Title : Accounts Receivable Manager - (D2C Industry Experience )

Location : Bangalore

Experience : 6–9 Years

Industry Preference : FMCG / D2C / Retail / Startup Ecosystem

Department : Finance & Accounts

Role Overview :

We are looking for a skilled and detail-oriented Accounts Receivable professional to manage and streamline our receivables processes across B2B and B2C channels. The role involves driving timely collections, overseeing invoicing compliance, managing credit exposure, and ensuring reconciliations aligned with marketing and customer claims. This position will play a critical role in improving our working capital efficiency and customer financial operations.

Key Responsibilities :

Receivables Management & DSO Control

  • Monitor and follow up on outstanding receivables across B2B and B2C channels.
  • Calculate and track Days Sales Outstanding (DSO); implement actions to reduce collection cycles.
  • Maintain strong relationships with internal teams and external customers to facilitate timely collections.

Sales Ledger Oversight

  • Review and approve sales ledger entries for accuracy and completeness.
  • Ensure accurate posting and timely reconciliation of customer payments.
  • Invoicing & Compliance

  • Manage generation of GST-compliant invoices, e-invoices, and e-way bills.
  • Coordinate with operations and sales teams for timely dispatch documentation and compliance.
  • Marketing Spend Reconciliation

  • Reconcile budget vs. actuals for marketing spends in collaboration with brand and marketing teams.
  • Ensure proper approvals and documentation for all marketing-related deductions and claims.
  • Charge Tracking & Dispute Management

  • Track customer-side deductions such as returns, delivery charges, commissions, and other disputed items.
  • Coordinate with sales and customer support for resolution of claims and disputes.
  • Credit Control

  • Define and manage credit terms based on customer risk profiles and business agreements.
  • Monitor credit exposure and recommend changes based on payment behavior and financial risk.
  • Key Skills & Competencies

  • Expertise in accounts receivable, credit management, and DSO improvement.
  • Strong understanding of GST compliance, e-invoicing, and e-way bill generation.
  • Proficient in ERP systems such as Tally, Zoho, SAP, etc.
  • Analytical approach with attention to accuracy, deadlines, and compliance.
  • Strong communication and negotiation skills with a stakeholder management mindset.
  • Qualifications

  • Education : B.Com / M.Com / MBA (Finance) / CA Inter preferred
  • Experience : 6–9 years of relevant experience, preferably in FMCG, retail, D2C, or startups.
  • About Lo Foods

    At Lo Foods, we’re on a mission to make functional food accessible to over 100 million Indian households. As India's largest and fastest growing functional food company, and among the Top 2 health-focused cloud kitchens, we are transforming the way people eat. Making it healthier, more enjoyable and more sustainable.

    Our journey is powered by four dynamic brands

    Protein Chef - India’s largest protein-focused health food brand

    Keto Smart - A pioneer in the keto space offering low-carb products.

    Gluten Smart - Crafting gluten-free alternatives that don’t compromise on taste

    Sugar Smart - A range of sugar-free foods, perfect for managing sugar intake

    Each dedicated to serving unique dietary needs while staying rooted in great taste and quality.

    We’ve recently raised $3 million in funding led by Rainmatter by Zerodha, and we’re scaling rapidly to take our vision across the country. If you’re passionate about food innovation and want to be part of a team shaping the future of what India eats, Lo Foods is the place for you.

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    Account Receivable • Bengaluru, Karnataka, India

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