Accounts Receivable Specialist

Company Profile

bulk commodity trading solutions provider

Incorporated in India in 2014, it has grown to achieve an annual turnover of over Rs.7000 Cr. and trading volumes in excess of 5 million tons per year. Powered by a strong professional team, we have the reach and scale to service our clients across the globe. Delivering both competitive rates and smooth transits with ethical business practices without compromising on quality & services. Our parent company having history of more than 45 years further adds to our strength.

Job Purpose & Key Challenges

Purpose

Broad Responsibilities:

• Ensure proper Invoicing and Accounts Receivable for maintaining customer accounts.
• Review of Sales Contracts highlighting deviations from standard and ensure appropriate approvals.
• Monitor and report deviations from approved credit limits.
• Follow up with customers for payment, legal notices and help in legal proceeding whenever required.
• Contract Summary for issuing of final DO.
• Assisting in field of Audit as per the requirements of Auditors.
• Highlight any delays in payment/lifting and outstanding beyond approved Credit limit.

Key Challenges:

• Follow up with customer for the ledgers.
• Coordinating with customers in case of delay in payment.
• Resolve open items mentioned in customer reconciliation.
• TDS related issues while doing reconciliation with 26 AS.

Key Responsibility Areas

Accountability

Supporting Actions

Receivables Management

• Monitor & ensure proper invoicing as per contractual terms.
• Ensure timely collection of payments.
• Ensure Hygiene of customer accounts.
• Engage with customers on collection matters and dispute resolution.
• Ensure customers reconciliation on timely basis.
• Ensure to follow the accounting principles, SOPs’ and DOA
• Ensure accuracy in the SAP and other accounting software.
• Ensure compliance to GST and TDS

Contracts Review

• Reviewing of the Sales contract of Coal customers.
• Provide inputs to the trade team on the payment history of the customers, available credit limit, etc.
• Prepare Customer review /Summary for Trade Team.

Business Review & MIS Reporting

• Prepare various reports like customer ageing, Net Position Report , Delay lifting , Pending Interest
• Assist in conducting of Monthly Progress Review (MPR).

Automation & Simplification

• Suggest and collaborate for new report and automation work.
• Testing
• Gather Information required for the automation work

Education & Experience

• CA

• 2-3 Years of Experience in Accounts Receivables

Knowledge, Skills & Abilities

• Knowledge and experience of using SAP

• Knowledge of General Accounting Principles, Accounting Standards, GST provisions.

• Strong analytical skills and interpersonal skills

• Excellent written and verbal communication skills

• The ability to communicate efficiently with customers & internal stakeholders