Sr Accounts AP/AR

4 days ago


Mysore, Karnataka, India ThinkWise Consulting LLP Full time

Role - Sr Accounts AP/AR

Hybrid Model

Shift - 6AM-3PM IST

Education/Qualification

  • Bachelor's degree in Accounting, Finance, or related field

Experience

  • Proven experience in Accounts Receivable / Payable roles

ESSENTIAL REQUIREMENTS

  • Strong working knowledge of reconciliation processes (GR/IR, intercompany, and vendor/customer Ledgers).
  • Experience with tax compliance in AP/AR (e.g., GST/VAT).
  • Strong analytical and data entry experience
  • Outstanding communication with others
  • Strong ERP systems and computer skills
  • Exceptional organisational and work coordination skills
  • Ability to pick up new systems and processes quickly

ROLE RESPONSIBILITIES

Key Areas

Activities

Accounts

Receivable

  • Generate customer invoices accurately and in a timely manner.
  • Monitor accounts receivable aging and follow up on outstanding payments.
  • Reconcile customer accounts and resolve billing discrepancies.
  • Collaborate with sales and customer service teams to address customer inquiries and issues.
  • Process customer payments, apply cash receipts, and maintain accurate records.
  • Support cash flow forecasting by providing timely AR collection status.
  • Collaborate with the finance team to identify doubtful debts and prepare provisions.

Accounts

payable

  • Process invoices accurately and timely, verifying appropriate approvals and coding.
  • Reconcile vendor statements and resolve discrepancies in a timely manner.
  • Coordinate with the procurement team to ensure timely receipt of goods and services.
  • Monitor vendor payment terms to optimize working capital.
  • Creation vendor master management (new vendor creation, changes, and compliance checks).
  • Prepare and process payments, including checks, ACH payments, and wire transfers.
  • Maintain accurate records of accounts payable transactions and documentation.

Financial reporting and analysis

  • Assist in month-end and year-end close processes related to accounts payable and receivable.
  • Prepare financial reports and analysis on payables/receivables aging, cash flow, and other relevant metrics.
  • Support internal and external audits by providing necessary documentation and explanations.

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