Senior Analyst, Accounts Receivables @ Multi Recruiters

Job Description

Company: Indian / Global Engineering & Manufacturing Organization Key Skills: Accounts Receivable, GST Responsibilities: Policies and Procedures: Monitor compliance with corporate policies (MAS) and procedures for credit and collection functions. Assist in process improvement and simplification projects. Credit Management. Credit Management: Perform due diligence check and credit analysis on new customers. Evaluate and Analyse existing customer's creditworthiness. Recommend suitable credit facilities to open account customers for approval. Manage customer accounts by maintaining and updating a complete listing of customer database. Conduct annual credit review and assessment for existing customers. Perform financial analysis of Distributor channel for Legal Approval. Prompt review of credit orders for shipment release. Sending out monthly statements and closely following on collection forecast and payment schedules from external customers by regular. collection telephone calls. Collection Management: Monitor customer accounts and follow up on timely collections to improve DSO. Liaise with Sr. Manager Finance APAC to highlight potential high-risk accounts. Recommend credit hold, final demand, and legal actions to resolve past dues and customer disputes. Prepare reports to Treasury - on incoming cash flow forecast monthly. Accounts Receivables (AR): External customer collection and system input. Ensure accuracy and completeness of AR on a monthly basis. Responsible for account reconciliation of Accounts receivable. Ensure accuracy of posting of bank receipts and timeliness in managing customers with secured payment terms. ECL posting after Head of Finance review. Reporting: Responsible for timely submission of management reports on DSO, past due analysis, cash flow management, collection, and past due forecast report. Compile ad hoc analysis report as requested by management team / SBU leaders. Communication and Stakeholder Management: Foster communication with stakeholders and provide necessary updates as required. Required Experience: Minimum 5 years" experience in finance and accounting with multinational companies. Previous credit & collections experience required. Proficiency in Excel and PowerPoint. Previous ERP experience desired (SAP OTC modules (SD, FI, AR, FSCM), Oracle, etc.). Strong knowledge of standard accounting practices. Knowledge of local accounting rules. Knowledge of Accounting procedures. Familiarity with AR whole processes including credit control/credit reviews, collection, and invoice management. Practical knowledge of Customer account reconciliation & balance confirmation. Rich tax compliance experience especially GST and withholding tax. Good knowledge of LC & bank guarantees. Solid knowledge of India accounting standard, IFRS. Strong internal control sense, preferably process design/optimization experience. Manufacturing companies experience, MNC or India listed company. Familiarity with SAP Application is required. Qualifications: B.Com, CMA in Finance & Accounts

Employement Category:

Employement Type: Full time
Industry: Others
Role Category: Investment Banking / M&AFinance / Accounts / Tax
Functional Area: Not Applicable
Role/Responsibilies: Senior Analyst, Accounts Receivables

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Keyskills:   Accounts Receivable GST Credit Management Collection Management Reporting Excel PowerPoint ERP Oracle Tax Compliance IFRS Internal Control SAP Application BCom Accounts Receivables Communication Stakeholder Management SAP OTC modules Standard Accounting Practices Local Accounting Rules Accounting Procedures AR Whole Processes Customer Account Reconciliation Balance Confirmation LC Bank Guarantees India Accounting Standard Process DesignOptimization Manufacturing Companies MNC India Listed Company CMA in Finance Accounts