The Accounts Receivable (AR) Manager at Oracle is a pivotal management role inside the finance department, overseeing revenue activities, making sure compliance with corporate policies, and dealing with key financial strategies. The primary responsibility of the Accounts Receivable Manager is to ensure the seamless functioning of day-to-day operational sports related to the Order-to-Cash (OTC) cycle, which includes billing, coins packages, invoicing, and sales reconciliation.The ideal candidate will take charge of a team, motivating and guiding them towards reaching department goals. You will display crew overall performance and KPIs, address any problems through well timed corrective motion, and make certain the implementation of continuous procedure enhancements.
- Job Title: Accounts Receivable Manager
- Company: Oracle
- Location: Bengaluru, India
- Employment Type: Full Time, Permanent
- Experience : 8 – 13 Years
- Education: Bachelor’s Degree in Finance or MBA in Finance or equivalent
About Company:
Oracle Corporation is a worldwide technology organization, recognized as one of the international’s main companies of employer software, cloud solutions, and database systems. It gives offerings and answers that assist companies optimise operations, manage records efficiently, and innovate their sectors. Oracle has a diverse portfolio of products that span more than one industry, ranging from cloud infrastructure to superior business software and agency structures. Headquartered in Austin, Texas, Oracle has operations in over 145 international locations and serves customers globally, with its presence strongly felt in key industries which include financial offerings, healthcare, telecommunications, and production.
Accounts Receivable Manager Job Description
Oracle is looking for an enormously skilled Accounts Receivable Manager to guide teams and power achievement in delivering progressive cloud-primarily based solutions. The perfect candidate will oversee project execution, make sure client pleasure, and manage go-practical teams to satisfy enterprise objectives. Responsibilities consist of growing strategic plans, optimising methods, mentoring group contributors, and participating with senior management. A robust historical past in technology, venture management, and Oracle solutions is essential. Candidates ought to own splendid communication, management, and analytical competencies, with the potential to work in a fast-paced environment. Experience with Oracle merchandise or cloud services is tremendously acceptable.
Key Responsibilities of Accounts Receivable Manager
1. Team Leadership and Performance Management:
- Manage and lead a crew liable for each day’s revenue sports, ensuring accurate billing, invoicing, and coins utility approaches.
- Provide coaching, education, and development plans to crew individuals to foster professional growth and enhance team overall performance.
- Guide the team in attaining key performance indicators (KPIs), manner improvements, and client delight.
- Organise ordinary professional discussions and overall performance opinions, ensuring that group individuals stay motivated and aligned with company desires.
2. Operational Management:
- Oversee the daily operations of the accounts receivable process, making sure adherence to service degree agreements (SLAs) and monetary regulations.
- Monitor workload balancing, leave management, and most appropriate aid utilisation inside the group to make certain continuous productivity.
- Identify key abilities within the team and create improvement plans for their professional boom.
3. Process Improvement and Compliance:
- Develop and enforce systems to improve the performance of departmental approaches and processes.
- Ensure compliance with Oracle’s company guidelines, revenue popularity guidelines, and monetary reporting requirements.
- Support audits, consisting of SOX compliance, and cope with outside and internal audit queries.
- Conduct root cause analysis (RCA) on any manner of discrepancies and broaden corrective and preventive movements (CAPA) to resolve them.
4. Stakeholder Management:
- Act as a liaison among the finance team and key stakeholders, consisting of Oracle’s International Business Centers (IBCs), divisional finance groups, and local united states stages.
- Lead normal conference calls with strains of commercial enterprise and other stakeholders to cope with any escalations or problems.
- Ensure quick resolution of escalations and troubles raised by way of customers, stakeholders, or internal audits.
5. Data Analysis and Reporting:
- Analyse economic statistics to offer meaningful information as a way to useful resources in choice-making.
- Prepare and present periodic reviews on team performance, process KPIs, and customer satisfaction metrics to senior management.
6. Continuous Improvement Initiatives:
- Drive improvement projects and projects to optimise the Order-to-Cash system.
- Identify, advocate, and lead the implementation of gadget improvements or enterprise manner enhancements.
- Ensure that the group is updated with technique changes, product expertise, and industry developments via powerful understanding management strategies.
Qualifications For Accounts Receivable Manager
1. Educational Requirements: Bachelor’s Degree in Finance, Accounting, or an associated field.Candidates with an MBA in Finance or equivalent qualifications could be desired.
2. Work Experience: 8-13 years of applicable experience in coping with accounts receivable, order-to-coins techniques, and team management inside a global employer.Experience in IT Services or Consulting industries is favoured.
Top Skills of Accounts Receivable Manager
1. Billing, Invoicing, Cash Applications, and Order-to-Cash (OTC): Strong understanding and experience in coping with these important financial techniques.
2. KPI Tracking and Management: Ability to track and manipulate key overall performance signs to make certain team effectiveness.
3. Data Analysis and MIS: Proficiency in studying large datasets to derive meaningful insights and make records-driven decisions.
4. Audit Support: Knowledge of audit approaches, along with SOX compliance and the ability to deal with outside and internal audit necessities.
5. Attrition Management: Intermediate-level understanding in handling employee attrition and making sure team stability.
6. Performance Drive and Execution: Strong ability to encourage and drive team overall performance, ensuring well timed and accurate completion of responsibilities.
7. Customer Centricity: A client-first approach in all interactions, specialising in delivering excellence and resolving issues directly.
8. Communication and Presentation Skills: Strong written and verbal communique competencies for effective stakeholder control and management.Skilled in making impactful presentations to senior control, stakeholders, and the broader crew.
9. Problem-Solving and Analytical Skills: Ability to independently resolve problems and put into effect solutions that align with business targets.Mastery in handling complex financial procedures and imposing device upgrades.
Benefits of Working at Oracle
Oracle gives a comprehensive blessings package deal designed to assist the nicely-being and increase of its personnel. These encompass:
1. Competitive Compensation: Oracle presents a competitive profits package deal that displays enterprise standards and personal knowledge.
2. Health and Wellness: Access to complete medical insurance, wellness applications, and health assets to make sure the proper well-being of personnel.
3. Career Development: Oracle is dedicated to the professional improvement of its team of workers. Employees have got entry to schooling packages, certification guides, and opportunities for professional development.
4. Work-Life Balance: Flexible painting preparations and generous departure rules allow personnel to stabilise their professional and personal lives effectively.
5. Global Opportunities: Being a part of Oracle gives employees the threat of paintings on worldwide projects and collaborating with groups from distinctive regions.
6. Retirement Benefits: Oracle provides a range of retirement savings plans, ensuring personnel are supported of their lengthy-term monetary making plans.
What is the salary of Accounts Receivable Manager at Oracle?
The salary of a Accounts Receivable Manager at Oracle can vary relying on numerous elements inclusive of the particular position, vicinity, years of enjoyment, and performance. On common, the once a year revenue for a Accounts Receivable Manager at Oracle in India typically tiers between INR 15 lakhs to INR 35 lakhs. However, it’s crucial to note that this parent can be better depending on the position and the branch, which include Finance, IT, or Operations.
Conclusion:
As an Accounts Receivable Manager at Oracle, you’ll be in an essential leadership role, overseeing key financial processes that immediately impact Oracle’s revenue cycle. Accounts Receivable Manager will involve coping with a group, riding performance, ensuring compliance, and improving commercial enterprise tactics. This is an interesting possibility for finance specialists with a strong historical past in Order-to-Cash and crew control, who are seeking to construct a satisfying career in a worldwide corporation like Oracle.
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