Accounts Receivable Executive - SO Creation

Job Description

Job Title: Accounts Receivable Executive Overview: As an Accounts Receivable Executive, you will be responsible for managing and processing incoming payments, order management, credit control, maintaining accurate financial records, and ensuring timely collection of outstanding invoices. This role involves interacting with clients and internal teams to resolve any issues related to SO Creation and related Master data. You will play a crucial role in maintaining financial integrity and efficiency within the company. Office timing would be 2.30 PM to 11.30 PM Shift. Key Responsibilities: Cash Application: Posting of payments to Clearing General ledgers based on bank statements. Verify, identify and post the payments to customer accounts. Allocation of payments on FIFO/Specific to Invoices. GL clearing- review and clearing of unallocated credits/debits. Order Management Billing: To Validate and upload the sales orders details received from Market into SAP. Co-ordinating with sales team for clearing of blocked orders. To check for billing failures and to post the same by coordinating with the sales team Credit Control Management: Preparing and circulating credit exposure report to sales team. Process orders based on credit limits. Preparing and circulating credit utilization report to sales team. Debtors ageing reports Follow-up for Overdue payments with customers. o Reconciliation of Debtors balances to analyze the variances and report to the stakeholders. Escalate and co-ordinate with Legal team for Bad and Overdue debts. Issue Manage Debit/Credit Notes. Compliance and Risk Management: Ensure compliance with financial regulations and internal controls. Monitor fraudulent activities and implement measures to mitigate risks. Client Relations: Act as a point of contact for vendors and clients regarding payment inquiries and issues. Other Key responsibilities: Assist with month-end and year-end closing processes. Manage returns/reverse logistics. Manage revenue recognition processes in line with company policies. Maintain ownership and accuracy of pricing details across customer transactions. Monitor customer deals and trading terms (TT MA) for compliance. Account for all deals and discounts accurately, ensuring proper documentation. Collaborate with key account managers to discuss upcoming deals and pricing strategies Requirements: Shift would be 2.30 PM to 11.30 PM. Focus more on SO Creation/ Amendments Master data validation. Bachelor s degree in accounting, Finance, Business Administration, or related field. Masters degree preferred. Proven experience (3+ years) in accounts receivable or a similar financial role, with a strong understanding of accounting principles. SAP experience is mandatory . Strong analytical and problem-solving skills, with the ability to resolve complex payment issues. Excellent communication and interpersonal skills, with the ability to collaborate effectively across teams. Proficiency in financial software and tools Microsoft office applications. Ability to thrive in a fast-paced environment and prioritize tasks effectively. Attention to detail and a commitment to accuracy and compliance.Top of FormBottom of Form