FACE Prep
Location
Coimbatore | India
Job description
Accounts Receivables Manager - Roles & Responsibilities
● Reporting - To The Business Head until I & C is stabilized and later will be moved to
Zonal Manager - Client Relations
● This will be a client-facing role
● ARM will be responsible to significantly reducing the average collection turnaround time
and invoicing turnaround time for the Non-Central Accounts of the organization
● The ARM will ensure compliance in Execution, Invoicing & Collections
● Monthly targets will be assigned to the ARM
○ Execution
■ Deals raised with client confirmation and proper clarity around billing and
payment terms
■ Ensuring no business with red list/black list clients, if the deal is raise it
cannot be raised without the approval of the Business Head
■ Ensuring all deals are above the low PTD mark, this value is to be audited
at the time of raising the deal, invoicing and after collections. Low PTD
deals and special payment terms should have the approval of the
business head. Payment terms to be defined separately.
○ Invoicing
■ ARM will coordinate with the ops/finance team to ensure the timely
initiation of Proforma, ARM will follow up with the client to ensure he/she
confirms the details in the Proforma to raise the Tax Invoice
■ ARM will own the responsibility of raising tax invoice by talking to the
respective SPOC's directly or with the help of the sales team(while being
in the call)
■ ARM will coordinate with the ops team to get and submit relevant reports
required for Invoicing
■ Tax Invoice to be raised within 3 days for trainer day-based billing and 7
days for student-based billing
■ ARM to audit partially executed deals which have no active execution and
take necessary steps through the sales team to get dates for pending
execution or talk to the college and invoice for whatever execution has
been completed
○ Collections
■ ARM will initiate a collection call after sharing the tax with the client and
getting a confirmation if all details in the Invoice is correct and if all
necessary documents are submitted.
■ On confirming the data ARM is to collect a tentative timeline by which the
payment will be released and the subsequent steps in the payment
process
■ Periodical followups to be done to understand progress in the payment
process and clear bottle-necks wherever necessary
Job tags
Salary
