The Senior Accountant, Accounts Receivable will be part of the Bio-Rad India Commercial Finance Team and will be responsible for end-to-end credit control, collections, and accounts receivable (AR) operations for Bio-Rad Laboratories (India) Pvt. Ltd. This role plays a critical part in driving healthy cash flow, reducing overdue receivables, ensuring compliance with internal controls, and partnering closely with Sales, Legal, Customer Service, and Corporate teams.

The position requires strong hands-on experience in Order-to-Cash (OTC) processes, credit management, customer collections, SAP-based AR operations, and audit-ready reporting in a regulated, compliance-driven environment.

Accounts Receivable & Collections Management

• Manage end-to-end AR and collections activities for the Bio-Rad India commercial entity, covering distributors and direct customers.
• Monitor overdue receivables on a regular basis and follow up with customers through emails, calls, and structured payment plans, especially for balances aged beyond defined thresholds.
• Drive reduction in overdue receivables, bad debt exposure, and overall DSO through disciplined follow-ups and customer engagement.
• Review and resolve unapplied, on-account, and open credit balances; coordinate with customers for adjustments or refunds as appropriate.
• Issue and track interest debit notes for late payments, ensure accurate accounting and recovery of interest amounts.
• Maintain and update collection trackers and dashboards to monitor region-wise and customer-wise collection performance.

Credit Control & Order Management

• Manage customer and distributor credit limits in SAP in line with latest financial assessments and approved policies.
• Review and update credit limits periodically, including annual credit limit reviews.
• Work closely with Sales and Business teams to resolve blocked orders and facilitate timely order release based on risk assessment and payment confirmation.
• Circulate blocked order reports on a regular basis and support business calls to resolve order and credit-related issues.
• Support training and awareness sessions for Sales teams on credit control policies and AR processes.

Business Partnership & Stakeholder Coordination

• Partner closely with Sales, Customer Service, Logistics, Legal, and Corporate Treasury teams to resolve long-pending and complex AR cases.
• Participate in regular review calls with Sales and business stakeholders to track aged receivables and agree on action plans.
• Support implementation and ongoing management of channel financing or customer financing programs in collaboration with Corporate Treasury.

Month-End Close, Reporting & Compliance

• Support month-end, quarter-end, and year-end close activities related to AR, including balance sheet reconciliations and aging reviews.
• Prepare and review AR schedules, customer confirmations, and quarterly AR provisions with high accuracy.
• Ensure compliance with Bio-Rad accounting policies, revenue recognition guidelines, SOX requirements, and internal control procedures.
• Support statutory, internal, and SOX audits by providing complete and timely documentation, schedules, and explanations.
• Ensure statutory reporting requirements are met, including accurate understanding and documentation of differences between US GAAP and Indian GAAP, where applicable.
• Maintain proper documentation and audit trails by filing all key workings and communications in SAP and SharePoint.

Process Improvement & Automation

• Actively participate in process standardization, automation, and efficiency improvement initiatives within AR and OTC processes.
• Support adoption of finance tools and systems (e.g., BlackLine, reporting tools, workflow automation) in line with corporate guidelines.
• Identify opportunities to reduce manual effort and improve controls through system enhancements and process redesign.

Qualifications & Experience

• Bachelor’s degree in Commerce, Accounting, Finance, or related field; MBA or professional qualification preferred.
• 8+ years of relevant experience in Accounts Receivable, Credit Control, and Order-to-Cash operations, preferably in a multinational or regulated environment.
• Strong hands-on experience with SAP (AR / OTC / Credit Management) .
• Solid understanding of AR accounting, customer reconciliations, bad debt provisioning, and month-end close processes.
• Experience supporting audits (statutory, internal, SOX) with audit-ready documentation.
• Proficiency in MS Excel for reconciliations, analysis, and reporting.

Key Competencies

• Solid analytical and problem-solving skills with a data-driven mindset.
• Ability to manage multiple stakeholders and drive follow-ups independently.
• High level of ownership, accountability, and attention to detail.
• Strong communication skills with the ability to collaborate cross-functionally.

Demonstrated commitment to compliance, integrity, and Bio-Rad values

Legal Entity: (IND_3006)Bio-Rad Laboratories (India) Pvt Ltd