Accounts Receivable Lead

C PROMPT SOLUTIONS PVT. LTD.

Job Description – Accounts Receivable (AR) Head

Department: Finance & Accounts Location: Hyderabad

Reporting to: Finance Head

Role Objective

Lead collections and accounts receivable for our Pan-India IT asset rental business, ensuring timely recovery,

accurate customer balances, prompt dispute resolution, and effective team performance.

Key Responsibilities

• Collections: Drive recovery of current and overdue receivables through customer-wise collection plans, weekly

targets, and daily follow-ups.

• Team Leadership: Manage the AR team, allocate customer portfolios, review payment commitments, and

ensure accountability for results.

• Ageing & Reporting: Monitor receivable ageing, DSO, overdue exposure, and missed commitments. Submit

collection forecasts and performance reports to the Finance Head.

• Customer Reconciliation: Resolve invoice-wise differences, payment allocations, TDS deductions, unapplied

receipts, and outstanding balance confirmations.

• Dispute Resolution: Coordinate with Billing, Sales, AMs/EMs, and Operations to resolve issues involving rental

rates, POs, asset returns, replacements, and excess billing.

• Payment Recovery: Secure payment of undisputed amounts while disputed items are resolved within defined

timelines.

• Escalation & Legal Support: Escalate delayed payments and prepare complete recovery documentation for

Legal, subject to approval.

• Controls & Documentation: Maintain collection trackers, customer correspondence, payment commitments,

and visit reports. Ensure approval for credit extensions, settlements, refunds, and write-offs.

• Process Improvement: Improve ERP collection workflows and identify recurring issues affecting billing

accuracy and recovery.

Qualifications & Experience

• B.Com/M.Com/MBA in Finance or equivalent; CA Inter preferred.

• Minimum 5 years of experience in B2B collections/accounts receivable, including 2 years in team

management.

• Experience in IT rental, leasing, or recurring billing businesses preferred.

• Strong knowledge of customer ledger reconciliation, TDS deductions, Excel, and ERP/accounting systems.

• Strong negotiation, communication, analytical, and leadership skills.

Key Performance Indicators

Collection target achievement | Overdue reduction | DSO improvement | Payment commitment fulfilment |

Reconciliation and dispute closure | Forecast accuracy | Team productivity