Accounts Receivable Assistant

 Major Responsibilities 

a) Accounts Receivable & Collections 

• Monitor customer accounts to identify overdue payments. 

• Proactively follow up with customers via calls, emails, and statements to ensure timely 

collections. 

• Allocate incoming payments accurately in the ERP system and perform bank reconciliation. 

• Accounting and processing of credit notes related to sales returns, customer schemes, 

and trade discounts. 

• Maintain up-to-date customer ledgers and ageing reports. 

• Liaise with the sales team to resolve billing disputes and hold/release orders based on 

payment status. 

• Coordinate with the Sales team to obtain rolling three-month cash collection forecasts, 

conduct weekly follow-ups, and monitor collections to ensure alignment with projected 

targets. 

b) Credit Risk Management 

• Conduct credit checks for new and existing customers. 

• Recommend credit limits based on customer financial history and payment patterns. 

• Monitor and review customer credit limits periodically. 

c) Reporting & Analysis 

• Prepare weekly and monthly ageing reports with commentary for management. 

• Prepare bad debt provision simulations based on projected cash collections and assess 

the potential impact on financial results. 

• Highlight potential bad debts and initiate escalation procedures where required including 

legal. 

• Provide inputs for cash flow forecasting based on collection trends. 

d) Audit & Compliance 

• Support statutory and internal audits by providing AR-related data and reconciliations. 

• Ensure compliance with company credit policies and applicable regulations. 

• Assist in drafting and implementing SOPs for credit control processes. 

Required Candidate Attributes 

• Bachelor’s degree in commerce or finance; CMA Inter or equivalent preferred. 

• 4-5 years of experience in credit control, accounts receivable, or related roles. 

• Proficiency in MS Excel and ERP systems (SAP, Navision, Oracle, Tally, etc.). 

• Strong negotiation, follow-up, and interpersonal skills. 

• Good understanding of credit risk assessment and AR reconciliation. 

• Experience in dispute resolution and customer account management. 

• Exposure to audit processes and financial reporting is an advantage