Retail Accounting Executive

Objectives of the job

To facilitate timely accounting and reconciliation of Discount claims with MBIL.

Qualification

• Basics: M. Com / B. Com / graduation
• Experience (type of): 3-4 years of accounting dept of automobile dealership
• Specialized Knowledge: Accounting, Reconciliation, Communication skills, Analytical skills, MS Office / Excel

Job Designation/Field of Work:

1 Sales Measures / Schemes

• Ensure that the discount schemes/sales measures from MBIL are understood and circulated to all concerned Sales Consultants.
• Track the various discounts offered to customers in proforma invoices and final retail invoices.
• Ensure that the discounts offered to the customers are passed on in the retail invoices.
• Track all non-cash discounts especially service packages/finance subvention that is offered to various customers under the MBIL scheme.
• Liaise with financing banks under the schemes to get timely statements of customers to whom subvention benefit under MBIL scheme was passed on.
• Coordinate with sales executives to collect all the supporting documents of customers related to claims as specified in scheme circular MBIL. ( e.g. follow up for RCTC after registration process is completed by the end customer)
• Ensure that the by 7th of every month, send the discount summary sheet for the previous month from the above records with amounts.
• Send the discount claims by the 20th of every month compile and send physical claims with all necessary supporting documents to MBIL with a cover page summary sheet with claim amounts.
• Validate the applicability of schemes before sending the physical claims
• Reconcile the quarterly claim summary statements sent by MBIL and send timely replies (within15 days) to MBIL for any clarifications or open issues.

2 Annual incentives ( PoM )

• Verify and validate the MB India calculations sent for PoM incentives

3 Claims MIS

• Provide a monthly overview of claims summary to dealership principle / HOD
• Amount claimed / approved / rejected (with reasons) / paid by MBIL / balance receivable