Job Detail

 CMA Inter/Final qualified

Minimum 5 years in Accounts Payables or Receivables, with team handling experience.

Major Functions:

1. Receivables & Collection Management

• Monitor and follow up on All Kerala outstanding receivables, excluding Bismi & Lulu accounts.

• Manage OOK receivables, including follow-up, reconciliation, and finalization.

• Conduct regular ageing analysis of customer outstanding balances and initiate corrective actions for overdue amounts.

• Monitor collection targets and coordinate with Sales/Marketing teams to ensure timely realization of outstanding payments.

• Follow up on Pro Cap, Udaan, and other payment-related matters and maintain regular communication with relevant stakeholders.

• Track overdue accounts and escalate critical outstanding cases to the management.

2. Ledger Reconciliation & Commercial Controls

• Ensure timely reconciliation of customer ledgers and resolve discrepancies in coordination with Accounts Receivable and concerned departments.

• Review pending figures, debit/credit balances, claims, deductions, and other customer-related outstanding items.

• Ensure proper documentation and accounting support for commercial transactions.

• Monitor and ensure timely clearance of pending items in customer ledgers.

• Support internal and external audits by providing required commercial and receivable-related documentation.

3. Pricing, Schemes & Commercial Operations

• Verify and confirm price lists, item rates, schemes, discounts, and promotional structures.

• Coordinate with Category, Sales, Marketing, and Finance teams for preparation and implementation of commercial schemes.

• Review scheme applicability and ensure proper communication to relevant stakeholders.

• Support finalization and accounting of kitty, promotional claims, and other commercial settlements.

• Identify pricing or scheme discrepancies and coordinate with concerned teams for resolution.

4. Team & Workflow Management

• Manage and monitor the day-to-day workflow of the assigned commercial/receivables team.

• Allocate responsibilities and ensure timely completion of assigned activities.

• Review team performance and ensure adherence to defined processes and timelines.

• Guide team members in reconciliation, collection follow-up, commercial documentation, and reporting activities.

• Coordinate with internal departments to resolve operational and commercial issues.

5. MIS, Analysis & Management Reporting

• Prepare and review regular reports on outstanding receivables, ageing, collections, reconciliations, schemes, and commercial transactions.

• Provide management with periodic updates on collection status, overdue accounts, pending reconciliations, and critical issues.

• Analyse receivables trends and highlight risks affecting cash flow and collection efficiency.

• Prepare fortnightly/monthly commercial and receivables reports as required.

• Provide data-driven recommendations to improve collection efficiency and commercial controls.

Key Accountabilities- KRA (Key Result Area) (Output / Outcome against job responsibilities)

• Receivables & Collection Management – Ensure timely collection and reduction of ageing outstanding balances.

• Reconciliation & Commercial Accuracy – Ensure accurate customer ledger reconciliation and timely clearance of pending items.

• Pricing, Schemes & Commercial Controls – Ensure accurate implementation and validation of price lists, rates, schemes, and promotional settlements.

• Team & Workflow Management – Ensure effective management of the commercial/receivables workflow and timely completion of activities.

• MIS & Management Reporting – Ensure accurate and timely commercial, receivables, ageing, and collection reporting.

KPI- (Key Performance Indicators) (Minimum 4 nos Performance Measurable Criteria against each KRA)

• Ageing Outstanding Reduction – Reduction in aged receivables and achievement of monthly collection targets.

• Collection Achievement – Percentage achievement against assigned monthly collection targets.

• Reconciliation Accuracy & Timeliness – Timely completion and accuracy of customer ledger reconciliations.

• Pending Clearance TAT – Percentage of pending customer ledger figures, claims, and commercial discrepancies cleared within defined timelines.

• Pricing/Scheme Accuracy & Reporting – Accuracy of pricing/scheme validation and timely submission of required commercial and receivables reports.