Petroexcel Technology Services (P) Limited Vadodara, Gujarat, India Looking for Accounts Receivable Manager at Vadodara, Gujarat, India Full Time

Company Description

Petroexcel Technology Services (P) Limited is a professionally managed design and engineering organization that provides client-based concepts, technologies, and solutions to public and private sector undertakings in the Oil and Energy Industries. The company offers end-to-end services for engineering needs throughout the lifecycle of client projects, covering various sectors such as Upstream, Midstream, and Downstream.

Role Description

This is a full-time on-site role as an Accounts Receivable Manager located in Vadodara. The Accounts Receivable Manager will be responsible for handling financial transactions, managing invoices, credit management, and maintaining accurate accounting records. Additionally, the role will involve coordinating with procurement, construction, commissioning, and project management teams.

·        The main responsibility for this role includes managing Receivables, handling missed payments and supervising Accounts Receivable Team. Our ideal candidate must be familiar with all accounting procedures and can manage daily financial transactions end-to-end.

·        Proven work experience as an Accounts Receivable Manager or Supervisor is a must.

·        Team management and negotiation skills, Goal setting, KPI, Annual /Midyear team assessment.

·        Supervise function of billing and Collection including accounting, collection, compliance, and financial analysis.

·        Manage process and policies related to Billing, collection, cash application, Withholding tax, Credit Notes, unapplied cash, excess credit, etc.

·        Coordinate with Sales, Revenue, Business delivery team for mutual consent on resolution of issues.

·        Develop constructive relations with Business, Sales team and assist team on accounting and billing compliances requirement.

·        Ensure highest customer satisfaction by delivering fast and accurate results on requirement.

·        Analyze recommend and implement Process improvement measure, operational excellence.

·        Ensure timely Monthly/quarterly and annually closing.

·        lead, support and finalize statutory and internal audits From AR point.

·        Liaising with the banking and treasury team on Cash forecasting.

·        Ensure Customer Credit management and analysis.

·        Customer and debts Risk analysis and KYC & Assurance

·        Oversee Revenue recognition accounting as per local GAAP /IFRS

• ·        Prepare monthly, quarterly, annual, and ad-hoc forecasting s.