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Senior Associate- Accounts Receivable

River

River

Accounting & Finance
Bengaluru, Karnataka, India
Posted on Sep 28, 2024

About River :

River is an electric vehicle company building multi-utility scooters. At River, we’re building scooters of tomorrow for the ambitious youth of today. Because we believe people only need two things to achieve success: the desire to make it to the top, and the means to get there.

With our flagship product River Indie, SUV of Scooters, is designed to help you get things done. Engineered to be a dependable ally on your road to success. We are backed by marquee international investors - these are mobility focused funds backed by Yamaha Motors, Al-Futtaim Automotive Group, Toyota VC and Maniv Mobility.

Key Responsibilities :

  • O2C Process Management: The end-to-end Order to Cash process, from order entry to cash application. Monitor and optimize credit management policies to minimize credit risk. Ensure accurate and timely invoicing, including adherence to customer-specific requirements.
  • E-commerce (Order-to-Cash) Management: Sound knowledge in managing and optimizing the end-to-end order processing cycle for e-commerce transactions. This role involves ensuring smooth order fulfillment, accurate invoicing, timely collections, and effective resolution of any issues that may arise during the order lifecycle.
  • Reconciliation and Reporting: Perform regular account reconciliations to ensure accuracy in financial records. Generate and analyze O2C reports to identify trends and opportunities for improvement. Prepare monthly and ad-hoc reports for management
  • Collections Management: Implement and manage collection strategies to reduce outstanding receivables. Monitor and resolve collection disputes, discrepancies, and issues promptly. Provide regular ageing analysis and reports to your manager.
  • Customer Relationship Management: Build and maintain positive relationships with customers to facilitate collections. Address customer inquiries and concerns in a professional and timely manner

Ideal Candidate :

  • Bachelor’s degree in Finance, Accounting, or a related field.
  • Proven experience in O2C process management, with at least to 3 years in the same role.
  • Strong knowledge of accounting principles.
  • Proficiency in MS Office is must.
  • Proficiency in ERP systems and O2C software (e.g., SAP, Salesforce).
  • Excellent communication and problem-solving skills.
  • Ability to work collaboratively in a fast-paced environment.
  • Strong attention to detail and a commitment to accuracy.