Job Title

Sr. Manager – Revenue & Credit Control

Department / Division

Finance & Accounts

Position reports to

Unit Finance Controller

External Interface

(Enlist external agencies/authorities that you are required to deal with while discharging your duty)

• Auditors
• Financial institutions/ Banks/ Tax Advisors
• Statutory/ Regulatory agencies (e.g. Service Tax Dept. etc.)
• Retailers

Minimum Qualification

(i.e education, training etc.)

• CA and/or CFA/ ICWA/ MBA (Finance)

Minimum Experience

• Around 7 years of industry experience in the finance function (preferably with exposure to accounts Receivable role)

Special Skills/Attributes

(required for performing the job effectively)

• Knowledge of Accounting Standards and procedures
• Expert understanding of the auditing aspects (for billing and receipts)
• Principles of Tax Management

Overall Purpose/Objective

Of the job

Responsible for all operations under the accounts receivable function including generation of various invoices (rental, CAM and other charges, utilities, etc.) and collection of outstanding from vendors on time

Key Responsibilities

(List major responsibilities, that you have,  to achieve the key objectives)

• Review the master list created and ensure constant updations to capture detailed aspects for each retailer for the basis of monthly bill generation by the outsourced agency staff

• Review all bills generated for each retailer wrt license fees, Common Area Maintenance (CAM) and other charges and also ensure that the service tax is properly calculated and included in the bills
• Define and periodically update the credit control policy and ensure adherence to the same

• Review the daily outstanding report and take appropriate actions in case of delays to ensure reduction in credit for the centre

• Explain the procedures for joint bank account to all retailers and follow up to ensure opening of the escrow account, and efficient operations for all concerned parties
• Responsible for coordinating with external CA firms for regular audits of operations (receivables/ credit control procedures, etc.) and also responsible for coordinating with various departments on audit queries

• Ensure compliance with tax authority regulations and laws (pertaining to service tax) to ensure that Centre (Mall) finances are accurately and timely reported

• To monitor collections from different sources and ensure daily bank reconciliation activity to facilitate effective performance