LetzRyd
Website:
letzryd.com
Job details:
Key Responsibilities
1. Accounts Receivable Management
- Own the end-to-end AR process, including invoicing, accounting, collections, reconciliation and closure.
- Maintain accurate customer/platform-wise receivable ledgers.
- Monitor receivables across Ola, Uber, Rapido and other business/customer channels.
- Ensure timely accounting of collections and adjustment against outstanding invoices.
- Track and resolve unapplied receipts and unidentified collections.
2. Platform Reconciliation
- Perform regular reconciliation of platform statements with internal accounting records.
- Reconcile collections, commissions, deductions, incentives, refunds, TDS/TCS and other adjustments.
- Identify revenue leakages, short collections, duplicate deductions and other discrepancies.
- Coordinate with Operations and platform representatives for resolution of reconciliation issues.
3. Collections & Ageing
- Prepare and monitor customer/platform-wise ageing reports.
- Follow up with internal and external stakeholders for overdue receivables.
- Drive timely collection and reduction of outstanding receivables.
- Escalate long-pending and high-value receivables to management.
- Establish collection trackers and ensure closure of agreed action points.
4. Driver / Partner Receivables
- Monitor receivables relating to driver partners, including:
- Security deposits
- Joining fees
- Recoveries
- Outstanding balances
- Penalties and other deductions
- Ensure proper accounting and reconciliation of driver-related receivables.
- Coordinate with Operations for recovery of outstanding amounts from driver partners.
5. Reconciliation & Accounting
- Perform bank-to-ledger and ledger-to-platform reconciliations.
- Ensure timely booking and adjustment of receipts.
- Review credit notes, debit notes, refunds and other AR adjustments.
- Maintain supporting documentation for all material receivable balances.
- Assist in month-end AR closing and reporting.
6. MIS & Reporting
Prepare regular AR reports covering:
- Total outstanding receivables
- Ageing analysis
- Collection efficiency
- Platform-wise receivables
- Customer-wise receivables
- Overdue and disputed amounts
- Expected collections
- Long-pending balances
- Unapplied receipts
- Driver/partner receivables
Provide insights on collection trends and potential cash-flow risks to the Finance team.
7. Internal Controls & Process Improvement
- Develop and maintain strong AR controls and SOPs.
- Identify gaps in the receivables and collection process.
- Automate reconciliation and reporting wherever possible.
- Work with Technology/Product teams to improve system-based AR tracking.
- Ensure proper documentation and audit trail for receivable transactions.
8. GST / TDS / Compliance Coordination
- Ensure receivable transactions are appropriately accounted for from a GST perspective.
- Coordinate with the Tax team for reconciliation of GST, TDS/TCS and other statutory deductions.
- Ensure customer/platform balances are reconciled with relevant tax statements and records.
9. Audit & Month-End Closure
- Provide AR schedules, ageing reports and supporting documents for statutory and internal audits.
- Ensure timely confirmation and reconciliation of customer balances.
- Support month-end and year-end financial closure.
- Resolve audit queries relating to receivables and collections.
Candidate Profile
- Qualification: B.Com / M.Com / CA Inter / MBA Finance or equivalent.
- Experience: 2– 4years in Accounts Receivable, Collections, Reconciliation or Finance Operations.
- Experience in mobility, fleet management, logistics, e-commerce, marketplace, fintech or other high-volume transaction businesses will be preferred.
- Strong understanding of accounting and receivables processes.
- Hands-on experience with large-volume reconciliations.
- Strong Excel skills including Pivot Tables, XLOOKUP/VLOOKUP, SUMIFS and data analysis.
- Experience with ERP/accounting systems is preferred.
- Strong analytical and problem-solving skills.
- Ability to coordinate effectively with Operations, Business, Tax, Treasury and external stakeholders.
- High ownership and attention to detail.
Ideal Candidate
The ideal candidate should be someone who can independently own the AR function, move beyond routine accounting and actively drive collections, reconciliation and cash realization.
Experience handling large transaction volumes, multiple platforms, driver/partner settlements and complex reconciliations will be a strong advantage.
Employment Type: Full-time
Industry: Mobility / Fleet Management
Department: Finance & Accounts
Click on Apply to know more.
