AR - Assistant Vice President at Careers at KKR

Gurugram, haryana, India -

Full Time

Start Date

Immediate

Expiry Date

19 Apr, 26

Salary

0.0

Posted On

19 Jan, 26

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Accounts Receivable, Leadership, Analytical Skills, Communication Skills, Process Improvement, Team Management, Critical Thinking, Technology Savvy, Attention to Detail, Planning Skills, Organizational Skills, Cash Application, Billing Disputes, Reconciliation, ERP Systems, Excel Skills

Industry

Financial Services

Description

COMPANY OVERVIEW KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR’s insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. References to KKR’s investments may include the activities of its sponsored funds and insurance subsidiaries. KKR's Gurugram office will provide best in class services and solutions to our internal stakeholders and clients, drive organization wide process efficiency and transformation, and reflect KKR's global culture and values of teamwork and innovation. The office will contain multifunctional business capabilities and will be integral in furthering the growth and transformation of KKR. Summary of Conduct Serve as the main point of contact for the Accounts Receivable function responsible for overseeing all aspects of receivable and billing functions. Communicate effectively and manage information with discretion. Proactively support internal/external clients on a timely basis demonstrating a willingness to partner and establish strong professional relationship. Maintain a high level of ownership, accountability and responsibility for the assigned activities. Produce high quality work on a timely basis, that is thorough and meticulous, attending to all necessary details. Bring leadership skills to drive and lead the AR process. Embrace a team player approach working with global teams to implement value add solutions that meet the long-term goals and objectives for the Firm. Essential Functions Accounts Receivable Lead front-to-back accounts receivable process including billing, collections, cash application and recording. Work closely with the global teams to assist with tracking, verifying and processing cash reimbursements for various receivables. Ensure compliance with contractual terms and fund agreements along with internal control frameworks. Manage the AR aging process, perform regular reviews, and drive collection efforts to minimize aged/ overdue balances. Partner with business and other teams to resolve billing disputes and improve cash collection cycles. Support month-end and quarter-end close activities, including AR-related schedules, reconciliation, and variance analyses. Troubleshooting and resolving account discrepancies. Regular tracking regarding payments and account statuses. Bring operational excellence, process improvements and support implementation of system enhancements to strengthen and streamline AR operations in order to continue to scale the function. Assist in internal and external audit processes. Skills and Attributes 9-12 years of relevant experience. Qualified CA/CPA/CMA/ACCA/master’s in finance or similar qualification. Strong leadership skills with prior experience of managing teams. Self-starter with goal-oriented management of Critical thinking; excellent judgment; quick learner and able to adapt to new challenges. Technology savvy with strong ability to manage process improvement and system enhancement projects. Excellent analytical and communication skills, with strong attention to detail. Self-driven individual with effective prioritization and multi-tasking ability. Highly developed planning and organizational skills; able to anticipate change, adjust responses accordingly and initiate steps to maximize resources toward a common objective. Experience in a management company, private equity, or asset management environment strongly preferred. Proficiency in ERP systems (e.g. SAP) and advanced Excel skills would be an added advantage. KKR is an equal opportunity employer. Individuals seeking employment are considered without regard to race, color, religion, national origin, age, sex, marital status, ancestry, physical or mental disability, veteran status, sexual orientation, or any other category protected by applicable law.

Responsibilities

Oversee all aspects of the Accounts Receivable function, including billing, collections, and cash application. Lead the AR process and partner with global teams to ensure compliance and improve cash collection cycles.