Accounts Receivable Specialist

J.K. Fenner (India) Limited is looking for a Accounts Receivable Specialist - Chennai.

Who we are

JK Fenner (India) Limited , a part of the renowned 140‑year‑old JK Organisation , carries a proud legacy of over 70 years in delivering high‑quality engineering and mobility solutions. The company is a trusted partner to leading OEMs and customers across automotive, industrial, infrastructure, railways, defence, and emerging mobility sectors .

JK Fenner operates through a diverse portfolio of business verticals, including Industrial Solutions , Industrial Drives & Automation , Automotive OE , Auto Aftermarket , Electric Vehicle (EV) Solutions , Railway Solutions , Defence Solutions , and Advanced Technology . Its product offerings span power transmission belts, sealing and fluid transfer systems, automation drives, moulded rubber components, EV drivetrain systems, railway assemblies, defence‑grade technologies, and lightweight engineering solutions.

Backed by robust R&D capabilities , advanced manufacturing infrastructure , and a strong pan‑India distribution network , JK Fenner combines engineering excellence with customer‑centric innovation. The company is deeply committed to quality , sustainability , and operational excellence across all its businesses.

JK Fenner fosters a culture of trust, ownership, and continuous learning , empowering its people to build meaningful careers while creating long‑term value for customers, partners, and stakeholders.

Why don't you join us? Do you want to experience new challenges and innovate the future of Automotive and Industrial Automation Solutions? Accelerate your career with JK Fenner.

Position Details:

Role: Accounts Receivable Specialist

Location: Chennai

Qualification: Bachelor’s degree in Accounting, Finance, Business/Master’s degree

Experience: 8+ years in accounts receivable management or a similar role

Job Description:

Accounts Receivable Operations

• Oversee the end-to-end accounts receivable process, including invoicing, cash application and collections.
• Ensure accurate and timely processing of customer payments and resolution of discrepancies.
• Manage customer accounts, monitor aging reports and minimize overdue receivables.
• Regular customer confirmations
• Arrange Chaneel Financing to Dealers various financial institutions.
• Inventory Management. Arrange physical Audit and stock adjustment, follow-up for SN/NM stock consumption/sales.
• Ensure Monthly sales reconciliations
• Dealers’ incentives – Ensure timely payout of incentives, Continuers reconciliation with actuals vs incentive policy and adjustments.
• Monthly MIS reports – Receivables and Inventory.
• Validation of Customer master with respect to PAN, GST Number, Inco /payment terms

Credit and Risk Management

• Assess creditworthiness of new and existing customers by analysing financial data and credit reports.
• Establish and maintain credit limits and terms for customers in accordance with company policies.
• Monitor and manage credit risks to minimize bad debt exposure.

Collections and Customer Relations

• Implement effective collection strategies to reduce outstanding receivables and improve cash flow.
• Resolve escalated customer disputes and issues with professionalism and efficiency.
• Foster strong relationships with customers to ensure satisfaction and timely payment.

Compliance and Reporting

• Ensure compliance with internal controls, financial policies and relevant regulations.
• Prepare and present AR metrics, including DSO (days sales outstanding), collection rates and aging trends.
• Quarterly basis NRV working for Inventory
• Co-ordination with Audit Team for stock audit all Plants/Warehouses
• Support audits by providing necessary documentation and responding to inquiries.
• Provisions – for Bad debts. Obsolete/Non-moving Stocks and Incentives

Process Improvement and Technology Utilization

• Identify and implement process improvements to increase efficiency and accuracy in AR operations.
• Utilize AR automation tools and ERP systems to streamline workflows and enhance reporting capabilities includes auto collection accounting, bill matching, auto payment reminders to customers and MIS reports.
• Stay informed of emerging technologies and best practices in accounts receivable management.
• Analyses trends, identify areas of improvement and present findings to management.

Team Leadership and Development

• Supervise, mentor and develop a team of accounts receivable professionals.
• Provide training and guidance to ensure adherence to policies and procedures.
• Foster a collaborative and results-oriented team environment.
• Keep the team updated on industry best practices and changes in regulations.

REQUIRED KNOWLEDGE

• Proficiency in experience with accounting software and Microsoft Excel
• Knowledge of credit risk assessment and collections strategies
• Strong understanding of AR principles, internal controls and compliance requirements

EXPERIENCE REQUIRED

• Proven experience (8+ years) in accounts receivable management or a similar role
• Proven track record of driving process improvements and implementing AR best practices
• Hands-on experience with accounts receivable systems and ERP platforms

SKILLS & ABILITIES

• Strong leadership and team management skills
• Excellent analytical, problem-solving and communication abilities
• Strong belief and practice in overcommunicating to keep teams on the same page
• Detail-oriented with a focus on accuracy and organization
• Excellent communication (oral and written) and interpersonal skills
• Exceptional problem-solving and analytical skills to address AR-related challenges
• Effective leadership and communication abilities, with a focus on teamwork and collaboration
• Ability to work collaboratively and adapt to changing priorities in an ambiguous and rapidly evolving environment

Join us and be part of a forward-thinking organization dedicated to excellence.