Accounts receivable

JD - Senior Executive Accounts (AR) & Collections (Manufacturing)
Department: Finance & Accounts
Location: Surajpur Industrial Area
Reporting To: Accounts Manager / Finance Manager
Job Summary
The Senior Executive Accounts Receivable & Collections is responsible for managing customer receivables, with a strong focus on payment followups, collections, and customer reconciliations in a manufacturing environment. The role ensures timely realization of payments, reduction of overdue balances, and effective coordination with sales, dispatch, and logistics teams.
Key Responsibilities
Payment Followups & Collections

• Conduct regular and structured followups with customers for pending payments
• Ensure collections as per agreed credit terms and payment schedules
• Track customer commitments and ensure adherence to promised payment dates
• Escalate overdue and highrisk accounts to management in a timely manner
• Drive reduction in overdue receivables and improve cash flow (DSO)

Accounts Receivable Management

• Monitor customer ageing and analyze overdue positions
• Review customer credit limits and flag potential payment risks
• Handle payment issues such as shortpayments, deductions, and disputes
• Coordinate with sales teams to resolve payment holdups

Billing & Accounting Support

• Verify invoices, delivery challans, and supporting documents before followups
• Ensure proper accounting of collections and adjustment against invoices
• Prepare debit notes / credit notes for rate differences, claims, and returns
• Perform periodic customer ledger reconciliation

GST & Compliance

• Ensure correctness of invoices for GST compliance
• Support preparation and validation of outward supply data (GSTR1)
• Maintain proper documentation for audits and statutory reviews

Coordination & Reporting

• Liaise with sales, dispatch, and logistics teams to resolve billing and deliveryrelated payment delays
• Prepare MIS reports on collections, ageing, overdue analysis, and customer followup status
• Assist during monthend closing and audit activities
• Guide junior AR team members on followup processes, if applicable

Key Skills & Competencies

• Strong experience in payment followups and B2B customer collections
• Good understanding of manufacturing billing and dispatch cycles
• Sound knowledge of GST and invoicing procedures
• Proficiency in ERP systems (SAP / Tally / ERPNext / Oracle)
• Strong communication, negotiation, and persuasion skills
• Ability to handle pressure, targets, and multiple customer accounts

Qualifications

• CA Inter / CMA Inter / MBA (Finance) preferred

Experience

• 58 years of experience in Accounts Receivable / Collections
• Minimum 35 years in a manufacturing industry environment
• Proven experience in payment followups with dealers, distributors, or institutional customers

Preferred Industry Background

• Manufacturing / Engineering / Auto Components Manufacturing
• B2B or dealerbased sales models

Key Performance Indicators (KPIs)

• Reduction in overdue receivables
• Improvement in collection efficiency and DSO
• Accuracy of AR records and reconciliations