Associate Manager, Accounts Receivable (O2C)

Associate Manager, Accounts Receivable (O2C) 

Location: Horana, Sri Lanka.

Coats is a world leader in thread manufacturing and structural components for apparel and footwear, as well as an innovative pioneer in performance materials. These critical solutions are used to create a wide range of products, including ones that provide safety and protection for people, data and the environment.

Trusted by the world's leading companies to deliver crucial, innovative, and sustainable solutions, we provide value-adding products including apparel, footwear and specialty threads.

With a proud heritage dating back more than 250 years and a spirit of evolution to constantly stay ahead of changing market needs, we have operations across 50 countries with a workforce of over 17,000, serving our customers worldwide.

Role Purpose:

This role is responsible for the credit function, including customer collections and Account Receivable (AR) management of the company, to ensure minimal risk and optimized cash flow.

What you will do:

• Collaborate with relevant cross-functional teams to maintain an effective credit control and collection framework.
• Assist the Credit Control Manager with managing customer vetting procedures and approving credit master creation and updates.
• Follow up with the commercial team and customers on monthly collection target success and build operational-level track records.
• Conduct monthly governance and reviews on credit risk, collection performance, and actions required to improve metrics.
• Provide visibility and insight into account receivables activity and KPIs, including DSO (Days Sales Outstanding), BPDSO (Best Possible Days Sales Outstanding), and overdue accounts.
• Support the resolution of customer disputes, account reconciliations, and debt settlements.
• Assist the Credit Control Manager in driving and executing continuous improvement initiatives for credit function effectiveness and efficiency at the market level.
• Assist with annual external auditsband internal audit processes.
• Assist the Credit Control Manager to ensure strict governance on SAP and credit control processes.
• Manage stakeholders in relation to debtor matters, ensuring compliance with local and group statutory/regulatory obligations.

Who you are:

• Part qualified Chartered Accountant / CIMA / ACCA, or holds a Bachelor’s degree in Finance, Accounting, or a related field.
• A minimum of 4 years of robust experience in O2C / AR management, with exposure to multinational corporate environments.
• Strong knowledge of financial statistics, business controls, and local statutory and regulatory obligations.
• Superb communication skills in written and spoken English, alongside local languages.
• Highly proficient with Microsoft Office tools (especially advanced Excel, PowerPoint, and Word).
• An analytical problem-solver with a strong sense of integrity, risk awareness, and resilience.

What will set you apart:

• Hands-on experience working directly with the SAP O2C module.
• Prior experience navigating complex stakeholder management within a manufacturing or multinational setup.

At Coats Group, we are committed to innovation, excellence, and fostering a diverse and collaborative environment where every team member can thrive. If you are passionate about making an impact in the textile industry and eager to join a global leader with a rich heritage and a forward-thinking approach, we invite you to take the next step in your career with us.

Apply now to be part of our dynamic team and help shape the future of textiles.