Management Trainee- Finance

2 - 6 years

0 Lacs

Posted:2 days ago| Platform: Shine logo

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Work Mode

On-site

Job Type

Full Time

Job Description

As a Management Trainee - Finance in the Finance & Accounts department, you will be responsible for managing Accounts Receivable (AR) processes to ensure timely collections, resolve client discrepancies, and maintain accurate financial transaction records. Your role will be crucial in improving cash flow and strengthening the company's financial position. Key Responsibilities: - Invoicing: Prepare, verify, and send customer invoices accurately and in compliance with company policies. - Accounts Reconciliation: Regularly reconcile AR accounts and investigate any discrepancies. - Aging Reports: Review AR aging reports to identify overdue accounts and potential collection risks. - Credit Control: Assess customer creditworthiness and determine credit limits in coordination with the AR Manager. - Process Improvements: Identify areas for enhancing efficiency in the AR process. - Reporting: Assist in preparing monthly AR reports, including DSO metrics and collection forecasts. - Audit & Compliance: Ensure all AR processes comply with internal controls, company policies, and regulations. Required Skills & Qualifications: - Education: Bachelor's degree in Finance, Accounting, or a related field. MBA in Finance is a plus. - Experience: 2+ years in Accounts Receivable, finance operations, or a similar role. - Technical Skills: Proficiency in accounting software and Microsoft Excel. - Communication Skills: Strong verbal and written communication skills for customer interactions and internal reporting. - Attention to Detail: Ability to manage transactions with precision and accuracy. - Analytical Ability: Strong problem-solving skills for analyzing financial data and AR trends. - Teamwork: Collaboration with the AR team and other departments like Sales and Customer Service. - Time Management: Strong organizational skills to prioritize tasks and meet deadlines.,

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