Accounts Receivable

Job Purpose: Ensure efficient accounting and processing of Accounts Receivable through troubleshooting, timely preparation of schedules, MIS, adherence to standards, implementing best practices, and liaising with other process teams. Responsibilities First point of reference for all the issues arising in Accounts Receivable Troubleshoot & resolve problems related to Accounts Receivable escalated by Process Specialist. Ensure timely (Monthly /Quarterly) preparation and submission of Schedules to General Ledger and Finalization & Consolidation team Ensure that all transactions associated with the process meet the cost, quality and time-related performance standards as set out in the SLAs. Implement the best of practices Ensure effective records management Ensure accounting as per statute & company policy Suggest continuous process improvements and record management in the Accounts Receivable process Responsible for timely and efficient completion of all the activities undertaken by the Associates Supervise and verify Accounts Receivable processing performed by Associates Perform revenue de-recognition, wherever applicable. Good knowledge of the sales processes and the ability to perform all the F&A related transaction for AR wherever required. Ensure that invoices are raised on a timely basis along with acknowledged DC/LRs. Ensure that the collection accounting is done on a timely basis Ensure generation of MIS (Sales, Collection) in the pre-described formats and consolidate the same and circulation to business heads & process heads. Customers advance collection review and provide data to GST team for tax liability working Look for continuous process enhancements and lead the initiative of operational & financial reporting improvements. Ensure that all transactions are processed as per the approved process manual & schedule of authority Provide feedback to Process Head on efficacy of processes Identify and remove bottlenecks in the process Track key performance metrics and develop important reports Prepare Statement of Account and Balance confirmation as per CRM/KAM requirement. customers reconciliation Write back/ write off Entries, Customer to customer transfer jornal entries Post GST TDS Entries as per details provided by GST Teams Customer Clearing