Job Description

JOB PURPOSE


The AM - Receivable will be required to manage and lead teams delivering cash application processes from the business. He will be responsible for successful delivery of AR Cash application including receiving and applying remittances, analyzing AR ageing, Cash management system & balance confirmation


The Cash Application Team Supervisor would be measured on:



  • Overall effectiveness of the Cash Application process


Leadership & Teamwork

ORGANISATION CHART















Chief Financial Officer



AGM-F&A



AM-Revenue/Receivables


KEY ACCOUNTABILITIES

































AccountabilitiesKey Performance Indicators

Operations:



  • Ensure that there is efficiency in the cash application process

  • Preparation of Unbilled debtors schedule and posting respective entries.

  • Daily receipt accounting and clearing.

  • Security Deposit receipt accounting in Spl GL.

  • Preparation and posting Unearned revenue entries        (Revenue to Deferred Revenue & Deferred revenue to Revenue)



  • Resolve all the cash application / receivables issues

  • Liaise with Commercial team to ensure timely information on remittances received from customers

  • Manage / renew Bank Guarantee – Overall monitoring of BG’s & calculate BG amount in-cases of renewal

  • Ensure that the performance standards set by the management are achieved

  • Non-Aero monthly income MIS & variance analysis.

  • Related party disclosure (Non-Aero, electricity & water)

  • Providing data during Revenue Audit.

  • Preparation of Debtors Ageing

  • Timely and proper Accounting of Original/extension BG Documents.

  • Bank Reconciliation of revenue  Account


Asset & General accounting & audit support.

  • Number of cash applications per month per FTE

  • % unapplied cash receipts

  • Turn-around Time for cash application



Governance



  • Ensuring BG document is in compliance with the legal approved format.


Define /strengthen processes to ensure better controls in processes

  • Cadence of Governance meetings help during the review period

  • Aged and Open observation


Accuracy and timeliness of Query response

Process Improvements



  • Ability to identify gap’s in the existing OTC processes


Suggesting improvements to Revenue Manager, where opportunities exist 		Change Requests/Initiatives logged by the team

People Management



  • Participates in the selection process of hiring candidates & assessments



  • Provide regular, constructive feedback to maximize positive impact of individual team member’s talent




  • Attrition Rate


Progression Rate
  
  

KEY ACCOUNTABILITIES - Additional Details


EXTERNAL INTERACTIONS



  • Airlines

  • Concessionaire

INTERNAL INTERACTIONS


Stake holders/ Business User Team



  • Stakeholders/Business users

  • Point of contact for all exceptional scenarios

  • Provide responses to queries raised by to internal/external stakeholders   


SSC Team


Reach out to SSC team members for quick resolution of open issues & escalations 


GMR IT


Taxation/Secretarial

FINANCIAL DIMENSIONS



  • None

OTHER DIMENSIONS


EDUCATION QUALIFICATIONS



  • B.Com & MBA (Finance)

  • Min. 6+ years’ work experience in Accounts & Commercial (Finance) with min. 3+ years in same role

RELEVANT EXPERIENCE



  • Knowledge and experience of SAP – ERP system

  • Strong understanding of accounting systems and processes

  • Strong understanding of the AR collection (cash application) process

COMPETENCIES


  • Accounts Receivable and Payable Management (Practitioner)
  • Financial Analysis (Practitioner)
  • Financial Systems Proficiency (Practitioner)
  • Regulatory Compliance (Practitioner)
  • Social Awareness
  • Entrepreneurship
  • Personal Effectiveness
  • Problem Solving & Analytical Thinking
  • Planning & Decision Making
  • Capability Building
  • Strategic Orientation
  • Stakeholder Focus
  • Networking
  • Execution & Results
  • Teamwork & Interpersonal influence

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