Job Description Form
Job Role : Assistant Manager - Finance
Departments: MEA Finance
Job Code
Location: Mumbai
Reports To :
Director- Chief Manager
Key Stakeholders (Option depending upon the role): Frequency (Occasional/Frequent/Continuous)
1: Job Purpose Statement (Summarize in one/two statements why this job exists, and the contribution makes to the overall business of the company).
To ensure accurate accounting and timely reconciliation of receivables by managing credit/debit notes, monthly financial closing activities, ageing analysis, and stakeholder reporting. The role will also support dispute resolution with customers and internal teams while driving process improvements in receivables management.
2: Organisational Relationship (Provide an organisational chart which illustrates the role structure above and below and parallel to this position).
3: Duties & Responsibilities (List in the order of importance the duties & responsibilities of this job)
Decision Making Authority (This will be for every job allocated to the individual)
Refer to the Decision making box for detail information
- Manage the preparation, posting, and reconciliation of debit/credit notes.
- Perform monthly closing activities including provisions, MIS reporting, and finalization of the sales register.
- Prepare ageing analysis of receivables and ensure timely reconciliation of accounts.
- Investigate and resolve discrepancies related to credit/debit notes, invoicing, and customer payments.
- Collaborate with Sales and Customer Service teams to resolve receivable disputes.
- Provide regular updates to stakeholders on receivable status and performance metrics.
- Support process improvement initiatives to enhance efficiency and accuracy in receivable management.
- Responsible for sales performance tracking, variance analysis, and end-to-end management of customer incentive programs including validation and payout governance.
Schedule A
4: Key Result Areas (List the key deliverables that quantify successful performance in the role).
Accuracy and timeliness of debit/credit note processing.
Timely monthly closing and reporting (MIS & sales register).
Reduction in open disputes and aged receivables.
Effectiveness of stakeholder communication and updates.
Improvements implemented in receivables processes.
5: Decision Making Authority (For each decision type define if the action involves below mentioned categories:
Schedule A : Execution
Schedule B: Follow SOP/policy for decision to be made. (Moderate to Complex decision making)
Schedule C: Decide within approval limits) Complex/tactical/strategic decision making impacting the outcome
- Can be merged with duties & Responsibility
Educational Qualification
Skills
Skills & Knowledge
Competencies
Behavioral
- Bachelor's degree in Commerce, Finance, or Accounting (B.Com / M.Com).
- MBA/PGDM in Finance (preferred).
Analytical and detail-oriented.
Strong problem-solving and dispute resolution skills.
Ability to work cross-functionally with Sales, Customer Service, and Finance teams.
Effective communication and stakeholder management.
Proactive and improvement-oriented mindset.
Work Experience
Functional
36 years of experience in Accounts Receivable, Finance, or related functions.
Experience in managing monthly financial closing, reconciliations, and customer accounts.
Exposure to working with cross-functional teams and process improvements.
Strong knowledge of accounting principles and receivable management.
Hands-on experience in debit/credit note working, reconciliations, and ageing analysis.
Proficiency in ERP systems (SAP/Oracle) and MS Excel (advanced).
Knowledge of provisions, MIS reporting, and monthly closing.
