Mountain Trail Foods Pvt. Ltd.
Website:
chaipoint.com
Job details:
Role Overview
- The Assistant Manager – Accounts Receivable will own the end-to-end AR lifecycle, from invoicing and revenue recognition to collections, reconciliation, and reporting. This role ensures timely cash realization, accurate debtor ageing, and compliance with Ind-AS, GST, and TDS regulations while maintaining strong relationships with customers and internal stakeholders.
Key Responsibilities
Invoicing & Revenue Accounting
- Generate and issue accurate, timely customer invoices aligned with contractual terms and delivery milestones.
- Ensure correct application of GST, TDS, and other statutory deductions on all invoices.
- Book revenue as per Ind-AS 115 (Revenue from Contracts with Customers) and maintain supporting documentation for audit readiness.
- Reconcile invoicing data with sales orders, delivery challans, and e-way bills to prevent billing disputes.
Collections & Cash Application
- Monitor customer accounts and proactively follow up on overdue payments to minimize Days Sales Outstanding (DSO).
- Prepare and review AR ageing reports weekly; escalate high-risk accounts to management with recommended actions.
- Apply incoming cash receipts accurately against open invoices; resolve unapplied or short-paid amounts promptly.
- Coordinate with customers to resolve billing discrepancies, credit notes, and debit adjustments.
Reconciliation & Compliance
- Perform monthly reconciliation of AR sub-ledger with the general ledger; investigate and close variances.
- Track TDS credits deducted by customers and ensured timely reflection in Form 26AS; follow up on mismatches.
- Support GST return filings (GSTR-1, GSTR-3B) by providing accurate AR data and reconciliations.
- Maintain MSME compliance by ensuring timely payments to vendors where applicable and monitoring regulatory updates.
Reporting & Process Improvement
- Prepare monthly AR dashboards for management, including DSO, collection efficiency, top delinquent accounts, and bad debt provisions.
- Identify process gaps in O2C workflows and implement controls to improve accuracy, reduce cycle time, and enhance audit readiness.
- Document SOPs for invoicing, collections, cash application, and dispute resolution; train junior team members on adherence.
Qualifications & Skills
- B. Com / BBA in Accounting or Finance; CA Inter / MBA (Finance) preferred.
Experience
- 4–7 years in Accounts Receivable, O2C, or shared services environments; exposure to Indian private limited companies or MNCs. Hands-on experience with Ind-AS / AS revenue recognition, GST, TDS, and MSME compliance.
Technical Skills
- Advanced Excel (pivot tables, VLOOKUP/XLOOKUP, SUMIFS, macros) for AR analysis and reporting.
- Proficiency in ERP systems (Tally, SAP, Oracle, Zoho Books, or similar) for invoicing and reconciliation.
- Strong analytical skills to interpret AR metrics and drive data-backed decisions.
Soft Skills
- Excellent communication and negotiation skills for customer interactions and internal alignment.
- Detail-oriented with ability to manage multiple priorities in a fast-paced environment.
- Leadership potential to mentor junior AR executives and drive team performance.
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