Assistant Manager - Account Receivable (Karnataka)

Mancer Consulting Services – Date posted: 29 Jun 2015

1. Reconciliation with customers on Monthly basis

Coordinate with customers for SOA & for reconciliation sign off on monthly basis.

Coordinate with corporate for SOA of Non-JV customers where not available at circle level.

Follow up with customers & S&C team for closure of old pending open items.

Ensure all the items are correctly appearing in Reconciliation.

Ensure that all open items appearing in >90 days bucket is reduced/ explained.

2. Dispute Resolution

Analyze the reasons of new disputes & reporting the same to corporate & CFH.

Coordinate with customers & S&C team for closure of disputes.

Meeting with customers along with S&C & RA team for dispute resolution. Validation of dispute working after checking with

prior credit notes.

Checking & issuance of SLA credit notes to customers.

3. Monthly Revenue Accounting

Ensure 100% accurate accounting of all sales invoices/ credit memos.

Ensure correct accounting of collection & TDS in books on timely manner.

Ensure all receipts & credit memos are applied where details are available or where detail is not available follow-up with

customers & S&C team.

4. Overdues as a % to total outstanding debtors

Coordinate and follow up with customers & S&C team for overdue payments.

Share monthly SOA with customers & S&C team, preparation of action plan for accounting of old invoices & collection of

money against same with support of S&C team.

Application of Receipts & Credit memos against respective invoices to have correct listing of outstanding invoices.

5. Monthly closing & Schedules

Prepare & analyze weekly/ monthly dispute pack & send same to corporate for further analysis.

Timely validation of invoice and collection entries in books.

Preparation of Schedules & reports required by corporate : Monthly AR Pack, DB bucket & Ageing, Unaccounted invoices

ageing, SD Received Schedule & Reco etc.

Providing various Schedules pertaining to AR function required by FR Spoc.

6. Raising of circle level invoices/ debit notes

Raising of DN at circle level towards Interest on delayed payment to Non-JV customers.

Raising of DN at circle level towards Signage board and one time tower fees.

Raise invoices for anything else which is not technically feasible through Billing system.

7. Internal audit score for AR

To ensure there is no high risk point & medium risk point in AR function audit conducted at circle level.

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