Account Receivable Executive

JOB OBJECTIVE :

The Job role ensures complete charge for Accounts Receivable starting from Billing to Collection and is instrumental in generating optimum cashflow thereby meeting the working capital requirement.

KEY RESPONSBILITIES :

• Oversee Accurate and Timely Billing of all Invoices against Sales Orders and issue of Credit Notes for Sales Returns
• Generate Accurate and Timely MIS for Management Review (at pre defined frequency) - daily / weekly / monthly / quarterly / half Annually / Annually regarding Billed, Unbilled, Collections, Receivables, Collectables and Doubtful debts.
• Regularly review Ageing of Account Receivable and Monitor and follow up on outstanding dues from customers
• Ensure timely collection thereby ensuring effective working capital and optimize cash flow / Liquidity.
• Set Credit Limit and Credit Period for Customers and ensure Credit is given to the Customers as per the approved Credit limit / Credit period only and escalate / seek approvals for cases beyond Credit Limit / period.
• Formulate, implement, review and redesign Credit Policy including ensuring all actions are taken as per the Credit Policy
• Ensure Billing on T+1 day and ensure 100% accuracy in billing including accuracy of existing rates, taxes, trade discounts and other charges if any.
• Ensure timely and adequate Liaison / collaborations with interdepartments / external parties especially for filing GST returns and payments
• Oversee and ensure timely and accurate financial entries in the system and timely and accurate closure of financial statements w.r t. Sales, Billing and Collection
• Oversee that regular Reconciliation of Debtors is done and ensure no unresolved entries / balances and resolve any issues / disputes related to outstanding receipts.
• Ensure appropriate documentation and supportings for : (hard copy / soft copy as applicable) for all the entries posted in the books of accounts / returns filed, Communication with internal and external parties and adequate approvals from internal and external parties
• Timely review of all pending task and timely closure of the same

KNOWLEDGE and EXPERIENCE

• QUALIFICATION
• Bachelor's Degree in the field of Finance, Accountancy, Cost Management (Chartered Accountant

• EXPERIENCE
• 3+ years of experience in the Accounts and Finance Function with at least 2+ years of experience in the role of Billing and Collection

• SKILLS
• Strong understanding of accounting and taxation principles and financial reporting.
• Good communication and interpersonal skills.
• Proficient in accounting software (e.g. Tally QuickBooks ) and MS Office Suite.
• Ability to work independently and as part of a team.

Job Type: Full-time

Pay: ₹12,278.61 - ₹36,382.68 per month

Benefits:

• Health insurance

Schedule:

• Day shift

Work Location: In person