Manager OTC
abbot
Karachi, Pakistan
3d ago

SALES, CREDIT AND AR

  • Customer credit risk control including risk assessment, setting credit limits and terms, releasing blocked orders, collection strategies and analytics based on predictive matrices.
  • Overall receivables management including ageing, follow-ups of old balances, and ensuring adequate provisions w.r.t doubtful debts are recorded in books.
  • Responsible for all sales related accounting starting from order processing to cash collection.
  • Monitoring of monthly sales closing and ensuring accuracy of numerals w.r.t sales and receivables GLs reconciliation.
  • Ensuring adequate calculation, reporting and justification of DSO to area on monthly basis.
  • Preparation of related disclosures for presentation in statutory accounts.
  • Responsible for debtor buyer arrangements, claims, provisions, and payments of their service charges.
  • INVENTORY MANAGEMENT

  • Invoicing and revenue recognition controls including trade offers, returned goods and methodology for different types of credit notes.
  • Ensuring the adequacy of inventory related provisions for obsolete, slow-moving, and excess stock based on ADS.
  • Monthly reconciliation of finished goods inventory with general ledger, revaluation processes and purging activities.
  • AUDIT & REPORTINGS

  • Timely submission of various reports related to sales, price and volume variances, inventory and receivables to area or commercial functions as per their requirement on monthly basis.
  • Ensuring the adequacy of all payments against technical services fee, Royalty and Promotional agreements.
  • Balance sheet forecasting OTC related accounting heads (Advances from Customers, Service & LD charges, Distributor's Incentives, Sales Provisions, etc.).
  • Setting up controls to ensure day to day accounting, reporting, and ensuring integrity of all financial information produced and submitted internally and externally.
  • Ensure compliance for corporate and external audits.
  • Report this job
    checkmark

    Thank you for reporting this job!

    Your feedback will help us improve the quality of our services.

    Apply
    My Email
    By clicking on "Continue", I give neuvoo consent to process my data and to send me email alerts, as detailed in neuvoo's Privacy Policy . I may withdraw my consent or unsubscribe at any time.
    Continue
    Application form