Location
Hyderabad | India
Job description
AVP, Order to Cash - HMS044583
With a startup spirit and 115,000+ curious and courageous minds, we have the expertise to go deep with the world’s biggest brands—and we have fun doing it. We dream in digital, dare in reality, and reinvent the ways companies work to make an impact far bigger than just our bottom line. We’re harnessing the power of technology and humanity to create meaningful transformation that moves us forward in our pursuit of a world that works better for people. Now, we’re calling upon the thinkers and doers, those with a natural curiosity and a hunger to keep learning, keep growing., People who thrive on fearlessly experimenting, seizing opportunities, and pushing boundaries to turn our vision into reality. And as you help us create a better world, we will help you build your own intellectual firepower. Welcome to the relentless pursuit of better.
Inviting applications for the role of AVP, Order to Cash
We are looking for someone with extensive knowledge and understanding of entire order to cash process management and improvement in a fairly fast paced business environment
Responsibilities
- Conduct credit investigations, grants or holds shipments based on customer’s available credit and initiates collections from delinquent accounts. Works directly with sales management to ensure all steps have been taken to improve the customer’s credit limit for the purpose of improving sales while mitigating risk.
- Investigate and verify the financial status and reputation of prospective customers applying for credit, prepares documents to substantiate findings, and recommends rejection or approval of applications.
- Assess/Develop/Deploy best practices for the improvement of AR working capital and decreased bad debt expense
- Establish credit limits on customer accounts and handle special credit arrangements and deviations from standard terms of payment.
- Review collection reports ascertaining the status of collections and balances outstanding to ensure compliance with the Credit & Collection policy.
- Audit delinquent accounts considered to be noncollectable to ensure maximum efforts have been taken before assigning bad debt status to the account.
- Work with sales personnel when facing collection challenges and provide them an opportunity to resolve delinquencies before submitting an account to a collection agency or attorney.
- Submit delinquent accounts to an outside collection agency or attorney (when applicable) for collection purposes.
- Manage the preparation of all related month-end reports as part of the month-end close process.
- Collaborate with other departments on accounting and finance-related projects.
- Participate in an annual audit. Completes all A/R related audit schedules according to the timeline set forth
- Directly and indirectly, manage Credit & Collection employees in the North and South region.
Qualifications
Minimum qualifications
- Bachelor’s degree in Accounting, Finance, or Business
- Relevant years of supervisory/ management level experience in Credit & Collections
- Must be able to perform accounting and financial calculations, including determining interest rates, payment schedules, etc.
- Knowledge of bankruptcy filing laws
Preferred qualifications
- Strong financial analytical skills and problem solving skills
- Ability to read and interpret credit reports, financial statements and other financial or accounting related information
- Proficient in MS Office applications, such as Word, Excel, PowerPoint, etc
Job tags
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