Accounts Receivable Executive

4 days ago

Chennai, India IBIS Full time
Job Description

We are seeking a detail-oriented and analytical Accounts Receivable Executive to join our team in Sipcot, Chennai, India. In this role, you will be responsible for managing and optimizing the accounts receivable process, ensuring timely collection of payments, and maintaining accurate financial records.

  • Supervise and coordinate the activities of the Accounts Receivable department
  • Assist the Credit Manager in efficient and timely collection of receivables
  • Ensure proper accounting of cash receipts, claims, and unpaid invoices
  • Calculate and enter charges for interest, refunds, or related items
  • Generate and review account statements and financial reports
  • Investigate and resolve collection issues, working closely with customers and internal teams
  • Establish and maintain seamless coordination with all departments to ensure maximum productivity and customer satisfaction
  • Respond to customer queries and resolve issues in a timely and efficient manner
  • Assist in budget preparation and fiscal planning
  • Develop and implement strategies to optimize the use of financial resources
  • Ensure compliance with established accounting practices and keep team members informed of current standards and changes
  • Recommend and implement improvements to accounts receivable policies and procedures

Qualifications

  • Bachelor's degree in Commerce (B.Com), Master's degree in Commerce (M.Com), or MBA in Finance (or equivalent qualifications)
  • Proven experience in accounts receivable or a similar financial role
  • Strong knowledge of accounting principles and practices
  • Proficiency in accounting software and Microsoft Office Suite
  • Excellent analytical and problem-solving skills
  • Strong attention to detail and ability to maintain accurate financial records
  • Effective communication and interpersonal skills
  • Ability to work under pressure and meet deadlines
  • Familiarity with financial regulations and compliance requirements
  • Customer-oriented approach with the ability to handle sensitive financial information discreetly
  • Demonstrated leadership skills and ability to manage a team effectively
  • Continuous learner with a desire to stay updated on industry trends and best practices


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