Finance Executive

Job Description

Accounts Receivable Management Monitor and manage customer outstanding balances. Generate and send invoices to customers accurately and on time. Follow up on overdue payments and ensure timely collections. Maintain an accurate record of all receivables transactions. Reconciliation & Reporting Perform regular reconciliation of accounts receivable ledger with customer accounts. Prepare and analyze accounts receivable aging reports. Investigate and resolve discrepancies or disputes related to receivables. Customer & Internal Coordination Communicate with customers regarding invoice clarifications, payment terms, and overdue payments. Coordinate with the sales and customer service teams to resolve payment issues. Assist in setting up credit terms for customers based on financial assessment. Compliance & Documentation Ensure compliance with company policies and accounting standards. Maintain proper documentation of all receivables, credit notes, and adjustments. Support internal and external audits by providing necessary data and reports. Process Improvement Identify and suggest process improvements for better receivables management. Assist in implementing automation tools for invoice generation and payment tracking. Key Skills & Competencies Strong understanding of accounting principles and financial reporting. Proficiency in MS Excel, accounting software (SAP, Tally, or similar). Excellent communication and negotiation skills. Detail-oriented with strong problem-solving abilities. Ability to work under pressure and meet deadlines. Qualifications & Experience Bachelors degree in Finance, Accounting, Commerce, or related field. 2-5 years of experience in accounts receivable or finance-related roles. Experience in the manufacturing or retail industry (preferred).