Accounts Receivable Supervisor

Managers of accounts receivable oversee the posting, billing, and collection of accounts assigned to them. Their main responsibilities are processing claims and managing reports, as well as ensuring late charge billing is completed in time, addressing the billing issue, examining accounts, making adjustments to billing and making sure the invoices have been printed and sorted, and distributed. The invoices should also be prepared to provide appropriate training and supervision for staff. In addition the supervisor is accountable for coordinating every aspect of accounts receivable staff, which includes having regular meetings each month to discuss procedures and policies as well as addressing any discrepancies and making recommendations for modifications. A supervisor of accounts receivables must be aware of the latest laws regarding collection and billing and the policies and procedures in place. They should make efficient use of time, resources and resources through organizing, planning and coordinating work.

An undergraduate degree from business administration, accounting or another similar field is required to be considered for this job. Two years of supervisory experience and five years of collection experience is required and so is the capacity to analyse financial statements. They should be able to keep a high level of integrity, ethics, and confidentiality in all circumstances. Communication skills that are strong are essential, as well as they should demonstrate leadership qualities. A vast knowledge of the most basic software applications like Oracle and Microsoft Office, Microsoft Office suite and Oracle Good analytical and problem-solving skills and the capacity to build and maintain strong relationships with staff as well as managers and customers are vital. Maintaining a professional and friendly manner with clients is essential as is remaining confident and confident at the same time.

As an Accounts Receivable Supervisor with 3-6 years of experience in India, your main responsibilities include:

• Oversee the accounts receivable process, ensuring accurate and timely invoicing, payment posting, and credit control.
• Manage a team to ensure efficient cash collection, monitor aging receivables, and resolve payment discrepancies.
• Develop and implement credit policies and procedures, conduct credit checks on new customers, and evaluate credit limits.
• Collaborate with cross-functional teams such as sales, customer service, and finance to resolve complex billing and collection issues.

For an Accounts Receivable Supervisor job role, the following qualifications are required:

• Solid knowledge of accounting principles and practices to ensure accuracy in accounts receivable processes, including invoicing, collections, and cash application.
• Excellent attention to detail and strong analytical skills to review and reconcile customer accounts, resolving discrepancies and identifying potential issues.
• Strong leadership abilities to supervise and train a team of accounts receivable professionals, fostering a high-performance culture and ensuring productivity and accuracy.
• Effective communication skills to interact with internal stakeholders, external customers, and vendors, resolving inquiries, addressing payment issues, and maintaining positive relationships.

For an Accounts Receivable Supervisor role in India, with 3-6 years of experience, here are four alternative roles to consider:

• Senior Accountant: This position offers expanded responsibilities, such as financial reporting and ensuring compliance with regulations.
• Treasury Manager: Focus on managing an organization's cash flow and liquidity needs, including forecasting, risk management, and investment activities.
• Procurement Manager: Involved in managing supplier relationships, negotiating contracts, and overseeing purchasing processes.
• Financial Analyst: Concentrate on monitoring financial performance, developing forecasts, and providing insights to support strategic decision-making.

The role of Accounts Receivable Supervisor in India is anticipated to experience substantial growth in the market. Based on a 10-year analysis, the job role is predicted to witness a consistent rise in demand due to the expanding economy and increasing business transactions. With the continuous growth in the Indian financial sector, more companies are expected to require skilled professionals to manage their receivables effectively. This growth is projected to create numerous employment opportunities in the future, offering individuals a promising career path in accounts receivable management.