Lead Accounts Receivables
5 days ago
Education
- Masters / Equivalent Degree.
Experience
- Minimum 3-4 years
- Recent and Major experience in only Accounts Receivable.
Requisites for the Role
- Strong understanding of SAP (AR modules).
- Knowledge of CDMO/CRO project structures and billing frameworks (milestone-based, cost-plus, pass-through).
- Ability to interpret and track contractual billing schedules and deliverables.
- Good Excel skills for reconciliations and reporting.
- Familiarity with audit processes and documentation.
- Strong communication to coordinate with internal project managers and external customers.
Roles and Responsibilities
- Prepare down payment requests in SAP.
- Post incoming payments in SAP.
- Confirm receipt of incoming payments with bank statements.
- Post sales invoices, credit notes, and debit notes in SAP.
- Reconcile customer ledgers on a monthly basis to ensure all transactions are accurately captured.
- Prepare sales team analysis reports for review of collections performance and sales trends.
- Track project milestones and deliverables as per CDMO/CRO agreements to ensure timely invoicing tied to contractual terms (e.g., stage-gate billing based on development, clinical, or manufacturing milestones).
- Coordinate closely with project management and commercial teams to obtain milestone completion evidence for billing purposes.
- Prepare and submit Statements of Expenses (SACs) for clients in alignment with project cost-sharing agreements, ensuring supporting documentation and compliance with contractual obligations.
- Manage pass-through cost invoicing (e.g., raw materials, third-party testing, regulatory fees) to clients, verifying backup documentation and correct application of mark-ups or administrative fees as per contract.
- Maintain a schedule of active contracts with key billing terms, milestone due dates, and related triggers for proactive collections.
- Assist in annual statutory and internal audits by preparing reconciliations, schedules, and providing supporting documents related to receivables and project billing.
- Support financial reporting on aged receivables, unbilled revenue, and WIP related to CDMO/CRO projects for management and statutory purposes.
- Perform any additional tasks or special assignments delegated by management.
Job Type: Full-time
Pay: From Rs90,000.00 per month
Work Location: In person
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