Excellent Openings For Accounts Receivable - Immediate - Mumbai

Job description

Hi Greetings from Randstad Experience - 1 - 4 years Notice - immediate ctc - 35k max Role - contract role we are looking for Mumbai location (AR Coordination) Good analytical skills. Able to handle transactions individually. Good E-mail writing skills along with communication skills in English to follow up with our Corporate customers. Well versed in excel skills. Job Purpose The AR Coordinator will be responsible for end-to-end accounts receivable activities, B2B collections, account reconciliations, and minimizing Days Sales Outstanding (DSO) for the assigned division. This role acts as a critical bridge between corporate clients, sales teams, and finance operations to ensure stable cash flow, minimize bad debts, and maintain high standards of financial accuracy. Key Responsibilities - **B2B Collections & Follow-ups:** Secure timely collections and meet monthly, quarterly, and annual collection targets. Drive aggressive yet professional collection strategies for corporate/institutional clients. - **Customer Dispute Resolution:** Identify and resolve bottlenecks causing payment delays. Coordinate closely with cross-functional divisions (Sales, Supply Chain, and Customer Service) to settle billing or delivery discrepancies. - **Ledger Scrutiny & Reconciliation:** Perform routine customer ledger scrutiny and complex accounts reconciliation. Investigate unapplied cash, open credits, and advance payments to keep customer ledgers clean. - **DSO Management:** Actively monitor ageing reports, track high-risk or provisioned accounts, and enforce company credit policies to minimize bad debts and improve overall working capital. - **Reporting & Compliance:** Generate weekly and monthly AR aging, collection forecast, and unapplied cash reports for management review. Assist with internal and external audit requirements. - **Process Excellence:** Recommend and participate in process optimization workflows or software automation projects (such as Lean, PPI, or Six Sigma initiatives) to maximize productivity. Minimum Qualifications & Skills Required Educational Background - **Graduate in Commerce (B.Com)** or **MBA in Finance** (or equivalent finance degree). Work Experience - **Experience:** 3 to 7 years of core experience in **Accounts Receivable (AR)** and **B2B Collections** (experience working in multi-national corporations or global shared services is highly preferred). Technical Skills - **ERP System:** Working knowledge or hands-on experience with **SAP** (FICO module) or Oracle/Netsuite. - **Advanced MS Excel:** Proficiency in VLOOKUP, HLOOKUP, Pivot Tables, and handling large sets of data. - **Tools:** Experience with dedicated AR collections software, automated workflow tools, or Coda is an added advantage. Soft Skills & Core Competencies - Excellent written and verbal communication skills to interact professionally with corporate clients. - Strong negotiation, critical thinking, and problem-solving capabilities. - Result-oriented, high attention to detail, and a passion for working in a fast-paced environment. Suji.S  Lead Human Resources  Email - suji.s@randstad.in  Contact - 8056049643