Deputy Manager- Account Receivable
4 weeks ago
Key Responsibilities:
- Ensure sales accounting is done as per process.
- Timely settlement of customer claims and adjustments.
- Submission of unsettled claims report regularly.
- Maintain sales invoicing setup and monthly closing of books.
- Collect payments from customers as per agreed terms.
- Ensure timely submission of outstanding statements to customers and follow up for payment.
- Report on outstanding, overdue accounts, and overdue aging on a weekly/monthly basis.
- Ensure timely monthly closing of books of accounts as per defined timelines.
- Handle monthly and annual closing of Accounts Receivable (AR).
- Ensure compliance with the Order to Cash (O2C) process and Total Quality Management (TQM) guidelines.
- Present daily and monthly collection reports, including aging.
- Provide debtors' reports with aging and overdue status on a regular basis.
- Prepare sales performance reports (budget vs. actual) and price variance (budget vs. actual).
- Ensure compliance with GST, TCS, and TDS.
- Verify and prepare GSTR-1 returns.
- Ensure TCS is charged on invoicing as applicable.
- Reconcile TDS deducted by customers in payment with 26AS.
- Verify and update customer purchase orders (PO) in the ERP system, including prices, taxes, HSN codes, GSTN, and sales agreements.
- Issue supplementary debit/credit notes based on the latest POs.
- Maintain customer price walks.
Skills Required:
- Strong proficiency in Excel and PowerPoint.
- Oracle knowledge (optional).
- Good understanding of sales accounting processes and customer claims management.
Experience:
- 8-10 years of experience in accounts receivables or related functions, with a focus on sales accounting and payment collection.
Qualifications:
- Graduate in Commerce from a reputed college.
- MBA/Postgraduate in finance or related field (preferred).
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