India AR Head

Motorola Mobility LLC
Experience : Freshers
Education : Any Graduate
Location : Bangalore
Job Role : HR
Posted on 03 Jan 20
Job DescriptionLast Date 28 Jan 20
India AR Head

Bengaluru, Karnataka, India

Job Responsibilities :

• Assure timely collection of monies and statutory forms (such as TDS etc) due to corporation
• Work with cross functional teams to ensure processes are designed in such a way that the collection of money and forms is smooth and timely.
• Work closely with the legal function and other stakeholders to take actions as necessary for collections of AR and statutory forms.
• Design and implement an optimum process for balance confirmation of AR balances and reconcile them on regular basis to avoid surprises, disputes with customers, etc
• Monitor and report on deviations from credit standards
• Meets accounts receivable operational standards by contributing information to strategic plans and reviews; implementing production, productivity, quality, and customer-service standards; resolving problems; identifying system improvements.
• Make recommendations to improve quality of invoicing and collection procedures
• Regular reporting of key performance /financial indicators of the functions.
• Manage proper recording and application of cash, management of outstanding invoices, and direct interfacing with customers on collection matters and dispute resolution
• Support Management by providing timely and accurate payment and account standing information
• Has complete ownership of monthly AR close process including reconciliation of the AR sub-ledger to the General Ledger. Also prepare monthly AR activity and tie-back to the AR Aging
• Manage the monthly reconciliation of other AR related accounts (such as unapplied cash, unclaimed credits, clearing, accrual, bad debt, charge-backs, withholding and sales tax)
• Support cross-functional projects to improve business results identified by Dispute team
• Assist with special projects as assigned or identified
• Meets accounts receivable financial standards by providing annual accounts receivable budget information;; identifying variances; implementing corrective actions.
• Investigating circumstances of non-payment; negotiating and resolving conflicts; expediting payment.
• Supports financial planning by forecasting cash, AR balances, Bad and doubtful provision impact on financial statements, DSO matters.
• Updates receivables by coordinating and monitoring daily sales order processing and bank remittance transactions.
• Maintains financial security by adhering to internal accounting controls.
• Protects organization's value by keeping information confidential.
• Updates job knowledge by participating in educational opportunities; reading professional publications; maintaining personal networks.
• Accomplishes accounting and organization mission by completing related results as needed.
Job Type : Full Time
Interview Type : Face to Face Interview
Company Description
Motorola created the mobile communications industry. We invented most of the protocols and technologies that make mobile communications possible, including the first mobile phone, the first base station, and most everything in between.
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