Assistant Manager Finance- (Zepto , Blinkit, Instamart etc)

 

Position Title Accounts Receivable Lead

Industry FMCG / D2C

Experience 4 – 5 Years (Dedicated Accounts Receivable Experience)

Location Electronic City, Bangalore

 

About Protein Chef

Protein Chef is India’s first High-Protein Everyday Food Brand, built to make protein a part of every Indian meal, every day.

In under a year, Protein Chef has become India’s 2nd most-followed health food brand (@proteinchef.fit) and one of the fastest-growing functional food brands in the country.

Protein Chef is part of Lo Foods, India’s largest functional food company focused on lifestyle conditions such as obesity, diabetes, and gluten intolerance.

Our larger mission is to impact the health of 100 million Indians through functional food.

 

Role Summary

We are looking for an experienced Accounts Receivable Lead to independently manage the end-to-end receivables cycle across our D2C and partner channels. The ideal candidate brings 4–5 years of dedicated AR experience in the FMCG or consumer goods space, possesses strong accounting fundamentals, and can confidently engage with internal teams, external stakeholders, and channel partners to ensure timely collections and accurate financial reporting.

 

Key Responsibilities

1. Invoice Management & Billing

• Generate accurate and timely invoices for all sales channels – distributors, modern trade, e-commerce marketplaces, and D2C platforms.

• Ensure invoices comply with GST regulations, company pricing structures, trade schemes, and contractual terms.

• Coordinate with the Sales, Supply Chain, and Warehouse teams to validate dispatch details before invoice creation.

• Maintain a structured invoice tracker with proper documentation and version control.

• Handle credit notes, debit notes, and invoice amendments as required.

 

2. Collections & Payment Follow-Up

• Own the entire collections cycle – from invoice dispatch to payment realisation and reconciliation.

• Conduct regular follow-ups with distributors, retailers, marketplace partners, and institutional buyers to ensure payments are received within agreed credit terms.

• Prepare and circulate weekly ageing reports; flag overdue accounts and escalate as per defined protocols.

• Negotiate payment timelines with partners where necessary, balancing relationship management with cash flow priorities.

• Track advance payments, partial payments, and payment adjustments with accuracy.

 

3. Reconciliation & Accounting

• Perform monthly customer-wise and platform-wise reconciliation of receivables.

• Match payments received against invoices in the ERP/accounting system (Tally, SAP, Zoho, or similar).

• Identify and resolve discrepancies, short payments, TDS deductions, and marketplace commission adjustments.

• Ensure accurate and up-to-date ledger entries for all receivable transactions.

• Support month-end and year-end closing activities related to receivables.

 

4. Stakeholder & Partner Management

• Act as the primary finance point of contact for channel partners, distributors, and marketplace account managers.

• Collaborate with Sales and Business Development teams to resolve payment-related disputes and queries.

• Liaise with internal departments (Logistics, Commercial, Legal) to address invoice or delivery discrepancies that impact collections.

• Build and maintain strong working relationships with key accounts to facilitate smooth payment cycles.

• Attend periodic review meetings with partners and present receivable status updates.

 

5. E-Commerce & Q-Commerce Platform Receivables (Good to Have)

• Manage receivables from e-commerce platforms such as Amazon, Flipkart, Blinkit, Zepto, Swiggy Instamart, BigBasket, and similar.

• Track marketplace remittance cycles, reconcile platform payouts against sales data, and follow up on pending settlements.

• Understand platform-specific deduction structures – commissions, return charges, penalty deductions, and promotional recoveries.

• Maintain MIS and dashboards specific to e-com and q-com receivables for visibility to the leadership team.

 

6. Reporting & MIS

• Prepare and present daily, weekly, and monthly receivable reports including ageing analysis, DSO tracking, and collection forecasts.

• Maintain dashboards for outstanding receivables across all channels and flag risks proactively.

• Provide data-backed inputs for cash flow planning and working capital management.

• Support auditors with receivable schedules, confirmations, and documentation during internal and statutory audits.

 

Requirements & Qualifications

Must-Have

• 4–5 years of dedicated experience in Accounts Receivable within FMCG, D2C, or consumer goods companies.

• Prior experience managing receivables from e-commerce and quick-commerce platforms (Amazon, Flipkart, Blinkit, Zepto, Swiggy Instamart, etc.).

• Strong knowledge of accounting principles, GST compliance, and receivable management best practices.

• Proficiency in ERP/accounting tools such as Tally, SAP, Zoho Books, or similar platforms.

• Advanced MS Excel skills – VLOOKUP, pivot tables, data analysis, and MIS reporting.

• Excellent verbal and written communication skills for engaging with internal and external stakeholders.

• Demonstrated ability to independently manage the complete AR cycle without supervision.

• Strong people management and interpersonal skills to work across teams and with external partners.

• High attention to detail and commitment to accuracy in financial data.

 

Good to Have

• Understanding of marketplace payout structures, commission reconciliation, and platform-specific deduction mechanisms.

• Experience with automated invoicing or AR automation tools.

• Background in the food, health, or wellness FMCG segment.

Education

• Bachelor’s degree in Commerce, Accounting, Finance, or a related field.

• M.Com, MBA (Finance), or CA Inter / CMA Inter is a plus.

 

Expectation

Ownership & Independence

Runs the entire AR cycle end-to-end with minimal oversight

Communication

Clear, professional interaction with partners, customers, and internal teams

Stakeholder Management

Builds trust-based relationships with key accounts and cross-functional teams

Analytical Thinking

Identifies patterns in receivables data, flags risks early, and drives resolutions

Attention to Detail

Ensures zero errors in invoicing, reconciliation, and ledger management

Problem Solving

Resolves payment disputes and discrepancies independently and promptly

Protein Chef – Protein for Everyone. Everyday