Finance Executive - AR

About The Company

About The Role

• Market competitive salary with bi-annual increments.
• Great stock option policy with rights to exercise 10 years post exit.
• Well known for a collaborative culture with a top 10% rating on Glassdoor.
• Fastest-growing health tech company in India with marquee investors.
• Opportunity to build a product that will have a significant impact on people's health and well-being.
  

What will you do?

Daily Collections & Receipt Management

• Accurately record and allocate all incoming payments (Bank Transfers, UPI, Cheques, etc.) against customer invoices on a daily basis.
• Update the accounting software and internal trackers with daily collection and receipt entries, ensuring all data is current and correct.
  

Overdue Accounts Follow-up

• Proactively monitor customer accounts for delayed payments and proactively identify overdue invoices.
• Initiate timely and professional follow-up communications with clients (B2B and B2C) via email and phone calls for all outstanding payments.
• Maintain a systematic log of all follow-up activities and payment commitments.
  

Reporting & Tracking

• Prepare and maintain the daily Accounts Receivable (AR) ageing report to provide a clear view of outstanding balances.
• Update the daily collection tracker, measuring performance against targets and providing insights to management.
• Assist in generating periodic AR reports for the finance leadership team.
  

Reconciliation

• Perform weekly reconciliation of sales data generated by the operations/sales team with the total receipts collected.
• Investigate and resolve any discrepancies found during the reconciliation process in coordination with the relevant departments.
  

Client Communication & Query Resolution

• Serve as the primary point of contact for clients regarding billing inquiries, invoice details, and payment issues.
• Provide excellent customer service to maintain strong client relationships while ensuring timely payment.
  

Skills Required For The Role

• Educational Background: Bachelor’s degree in commerce (B.Com), Finance, Accounting, or a related field.
• Experience: 1-3 years of proven experience in an Accounts Receivable or a similar finance role. Experience in the healthcare or service industry is a plus.
• Technical Skills: Proficiency in MS Office, particularly MS Excel (VLOOKUP, Pivot Tables, basic formulas) is mandatory.
• Hands-on experience with accounting software such as Tally, Zoho Books, QuickBooks, or a similar ERP system.
• Exceptional attention to detail and a high degree of accuracy.
• Strong written and verbal communication skills.
• Excellent organizational and time-management abilities to handle daily tasks efficiently.
• A persistent and proactive approach to collections.
• Ability to work independently with minimal supervision.
• Strong problem-solving skills to identify and resolve discrepancies.