Accounts Receivable Specialist

About the company: http://www.wonderchef.in

Wonderchef is the leader in the kitchen appliances and cookware industry. It is a

professionally driven organization backed by private equity investors. Chef Sanjeev

Kapoor is the brand ambassador and the face of the company. Known for its

innovation, quality and design, Wonderchef excels in aggressive digital marketing

and an omni-channel distribution strategy.

Job Title: Accounts Receivable Specialist

Department: Finance & Accounts

Location: Powai.

Reports To: CFO.

Job Summary

The Accounts Receivable Specialist is responsible for managing and optimizing the

receivables process, ensuring timely collection of outstanding invoices, maintaining

accurate records, supporting billing cycles, and providing excellent coordination with

internal teams and clients for resolution of payment issues.

Key Responsibilities

Accounts Receivable Operations

Manage end-to-end accounts receivable processes including billing, invoicing,

and cash application.

Generate accurate customer invoices/credit notes in a timely manner.

Monitor daily receivables and ensure ageing is within defined SLAs.

Ensure all transactions are correctly recorded in the accounting system.

Collections & Cash Application

Follow up with customers for timely payments via phone, email, or CRM system.

Coordinate collection efforts for overdue accounts and build action plans for

resolution.

Apply cash receipts and reconcile daily bank deposits.

Identify unapplied cash and resolve discrepancies.

Reconciliation & Reporting

Reconcile AR sub-ledger to the general ledger on a regular basis.

Prepare AR ageing reports and highlight overdue accounts.

Analyze customer accounts and prepare monthly status reports.

Support month-end and quarter-end closing activities.

Stakeholder Coordination

Collaborate with Sales, Customer Support, and Operations to resolve billing

disputes.

Respond to customer queries related to invoices, credits, and outstanding

balances.

Provide support during internal/external audits with required documentation.

Compliance & Process Improvement

Ensure compliance with company policies and accounting standards (e.g., GST

implications on billing).

Identify bottlenecks in processes and propose improvements to enhance

efficiency and accuracy.

Required Qualifications & Skills

Education & Experience

Bachelors degree in Commerce / Finance / Accounting (CA Inter / ICWA Inter preferred).

25 years experience in Accounts Receivable, Collections, or related finance function.

Experience in FMCG / Retail / Consumer Electronics / Appliances is an add-on.Technical Skills

Strong proficiency in MS Excel (VLOOKUP, PivotTables, Data Analysis).

Experience with ERP/Accounting software (Tally, SAP, Oracle, MS Dynamics, Zoho Books, etc.).

Basic understanding of GST & compliance requirements.

Core Competencies

Excellent communication and negotiation skills.

Strong analytical thinking and problem-solving ability.

Highly organized with attention to detail.

Ability to work independently and collaborate across departments