Manager - Accounts Receivable
Larsen & Toubro
Date: 10 hours ago
City: Chennai, Tamil Nadu
Contract type: Full time
The Manager – Accounts Receivable is responsible for managing the complete accounts receivable process, ensuring accurate invoicing, efficient collections, robust credit control, and compliance with statutory requirements. This role plays a critical part in sustaining the company's cash flow by maintaining healthy receivables and minimizing credit risks.
Key Responsibilities: 1. Invoicing & Documentation Oversight
Key Responsibilities: 1. Invoicing & Documentation Oversight
- Ensure accurate and timely generation of customer invoices in line with purchase order/contract terms.
- Verify and monitor all supporting documentation for statutory and internal compliance.
- Approve necessary invoice corrections or re-issuance in collaboration with cross-functional teams.
- Track and monitor customer-wise receivables and regularly review ageing reports.
- Follow up for overdue payments and manage customer escalations effectively.
- Ensure timely collection of TDS certificates, payment proofs, and acknowledgments.
- Review and manage customer credit limits in coordination with Sales and Finance.
- Evaluate creditworthiness of new customers and recommend suitable credit terms.
- Identify high-risk accounts and recommend appropriate risk mitigation measures.
- Ensure adherence to all statutory tax norms including GST, TDS, etc.
- Coordinate with internal and external auditors for receivables-related audits.
- Maintain accurate and audit-ready documentation and ledgers.
- Lead and mentor the Accounts Receivable team, ensuring high performance and accuracy.
- Identify and implement process improvement initiatives, including automation opportunities.
- Conduct periodic training sessions on compliance, systems, and customer management.
- Ensure timely preparation and submission of weekly, monthly, and ad-hoc MIS reports.
- Provide accurate data and insights for internal reviews and management meetings.
How to apply
To apply for this job you need to authorize on our website. If you don't have an account yet, please register.
Post a resumeSimilar jobs
Business Analyst – WMS
UPS,
Chennai, Tamil Nadu
1 day ago
Before you apply to a job, select your language preference from the options available at the top right of this page.Explore your next opportunity at a Fortune Global 500 organization. Envision innovative possibilities, experience our rewarding culture, and work with talented teams that help you become better every day. We know what it takes to lead UPS into tomorrow—people with...
Senior Engineer Electronics
Valeo,
Chennai, Tamil Nadu
2 days ago
Valeo est une entreprise mondiale de haute technologie qui conçoit des solutions révolutionnaires pour réinventer la mobilité. Nous sommes un équipementier partenaire des constructeurs automobiles et des acteurs de la nouvelle mobilité dans le monde entier. Notre vision ? Inventer une mobilité plus verte et plus sûre, grâce à des solutions axées sur la conduite intuitive et la réduction des...
ERP Technical Consultant (Baan V / Infor LN) - IT
Flex,
Chennai, Tamil Nadu
2 days ago
Flex is the diversified manufacturing partner of choice that helps market-leading brands design, build and deliver innovative products that improve the world. We believe in the power of diversity and inclusion and cultivate a workplace culture of belonging that views uniqueness as a competitive edge and builds a community that enables our people to push the limits of innovation to...
