SUN PHARMA · 12 hours ago
Manager, AR & Credit
Hawthorne, NY
Full-time
Onsite
Mid, Senior Level
$90K/yr - $110K/yr
5+ years exp
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Responsibilities
Determine customer methods of payments; posting customer remittances; creating, investigating and solving various customer deductions; maintaining the accuracy of the accounts receivable subledger to the general ledger, and monthly reporting. Other responsibilities include remediating slow paying customers; calculating and analyzing DSO; reconciling accounts with customers; processing monthly customer statements and proper escheatment to authorities. Achieve improvement in slow pays, and unearned discount.
Provide management with timely reviews of accounts receivable and KPI status and progress in its various programs and activities.
Actively participate in Credit Committee. Presents agenda of concerning accounts and issues to the Credit Committee. Provides input into the calculation of allowances for doubtful accounts. Reviews whether the criterions of writing off bad debts are met.
Prepare, monitor and track invoicing for sales to assigned Distributors, Retailers; contact customers and work with as necessary to effect payment and resolve outstanding issues.
Review aging reports, determine collection and deduction resolution priorities, contact delinquent customers to secure payment, enter collection notes, investigate and determine resolution on customer deductions and either collect unauthorized deductions or prepare credit, as appropriate
Communicate problems/opportunities in a timely manner as they relate to customer’s payment and/or pending orders with customer’s A/P and procurement departments, field sales/management, customer service and credit management as appropriate
Ensure payments and deductions are properly applied.
Set up new customers, review credit, and resolve claims, short-pays, and chargebacks on assigned accounts.
Support quarterly/annual audit
Supervise credit card/PayPal/apple pay/google pay system and reconcile payments received with Order processing system
Actively involved in dunning/collection process and update SAP
Co-ordinate with retail team and prepare/monitor trade spend accruals
Prepare bad debt allowance for both retail and Direct to Customer receivables
Co-ordinate with KIBO/Internal IT team
Other duties as assigned.
Qualification
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Required
Bachelor’s Degree in accounting, finance or related field required
Five (5) years or more experience in consumer industry dealing with direct-to-consumer and retail customers, including big box retail, collections initiatives preferred
Five (5) years or more experience with all aspects of Accounts Receivable and Credit matters and issues including cash application, ACH-EFT experience, deduction resolution and analytical reporting.
Ability to lead and interact well with others to accomplish goals in an efficient manner.
Strong organizational, analytical, research, problem-solving, and reconciliation skills.
Excellent interpersonal and communication skills with the ability to resolve disputes and conflicts quickly and effectively.
Commitment to providing excellent customer service.
Ability to multi-task, organize, and prioritize work
Proficiency in Microsoft Office, including Excel pivot tables
Preferred
Five (5) years or more experience in consumer industry dealing with direct-to-consumer and retail customers, including big box retail, collections initiatives preferred
Knowledge of SAP and Business Objects systems preferred
Knowledge of macros and credit card chargebacks for direct-to-consumer sales
Benefits
Medical, dental and vision coverage
Life insurance
Disability insurance
401(k) savings plan
Flexible spending accounts
Employee assistance program
Various paid time off benefits, including vacation time and sick time
Company
SUN PHARMA
Sun Pharma is the world's fourth-largest speciality generic pharmaceutical company and No. 1 in India.
10001+ employees
H1B Sponsorship
SUN PHARMA has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2023 (2)
2022 (14)
2021 (10)
2020 (10)
Funding
Current Stage
Late StageLeadership Team
Zachary McLellan
Manager, Forecasting and Secondary Data Analysis
Recent News
Business Standard India
2024-12-20
EIN Presswire
2024-12-09
Company data provided by crunchbase
