Account Executive
1 month ago
Position Overview:
The Accounts Executive at BHIVE will assist the Accounts Receivable Lead in managing the company's accounts receivable processes. This role involves supporting invoicing, collections, and reconciliations, as well as maintaining accurate financial records.
Daily Responsibilities:
1. Invoicing Support:
- Assist in the generation and distribution of invoices to clients.
- Ensure invoices are accurately prepared and sent out in a timely manner.
- Issue Credit Notes issued to clients based on approvals & justification.
2. Accounts Receivable Follow-up:
- Follow up with clients on outstanding invoices via phone, email, or other communication channels.
- Maintain records of communications and payment commitments from clients.
3. Payment Processing:
- Assist in processing payments received from clients.
- Allocate payments to the appropriate invoices and update records accordingly.
4. Data Entry and Reconciliation:
- Enter financial data into ZOHO Books and maintain accurate customer ledgers.
- Assist in reconciling payments received with invoices issued and resolve any discrepancies.
5. Reporting Assistance:
- Support the Accounts Receivable Lead in preparing reports on accounts receivable aging, collections, and cash flow projections.
- Analyse TDS deducted by customers and incorporate the same in reports.
6. Administrative Tasks:
- Perform general administrative tasks related to accounts receivable functions, such as filing and organizing documents.
- Assist in maintaining up-to-date records of client information and billing details.
Value Additions:
1. Customer Service Orientation:
- Provide excellent customer service to clients regarding billing inquiries and payment issues.
- Help BHIVE to keep good relationship with clients to facilitate timely payments and resolve disputes effectively.
2. Process Improvement Suggestions:
- Identify opportunities to streamline accounts receivable processes and improve efficiency.
- Proactively communicate suggestions for process enhancements to the Accounts Receivable Lead.
3. Professional Development:
- Take initiative to expand knowledge and skills in accounting principles and accounts receivable processes.
- Keep updated on GST laws governing invoicing and credit notes
Skills: Mandatory:
Communication Skills
Attention to Detail
Problem-Solving Abilities
Advanced Excel
Accounting and GST Knowledge
Desirable: Zohobooks knowledge
Food and beverage industry experience
Qualification: Bachelor's of Commerce/ BBA
About the Company: BHIVE is a group of Co-working and FinTech companies focused on commercial real estate. We started out as the oldest co-working brand in Bangalore and is now one of the largest chains of co-working spaces in Bangalore. Established in the year 2014, we have a presence in multiple key locations in Bangalore and are on track to expand to multiple other key locations in the city. Beyond Co-working, we have entered other flexible leasing products like managed office and enterprise leasing solutions. To know more, check out our website - BHIVE Alts is the fintech platform which provides retail investors access to institutional quality Real Estate investment options, helping them diversify their portfolio - mission is to be India's largest and most comprehensive platform for commercial real estate rental solutions, driven by a customer-centric mindset. We strive to be the go-to partner of choice for customers by offering best-in-class customer experience, value for money, tailor-made solutions and the options available.
Why Choose BHIVE: Exciting Projects: BHIVE offers innovative projects that significantly impact on the industry.
Collaborative Environment: Valuing teamwork and collaboration, BHIVE fosters creativity and provides learning opportunities.
Benefits: In addition to our competitive compensation package, you have the opportunity to win awards based on your performance. Enjoy a range of outstanding perks, including top-notch benefits such as maternity and parental leave, health benefits, and more.
Equal Opportunity Employer: BHIVE proudly stands as an Equal Opportunity Employer – By Choice. We firmly believe that we are most effective in helping our associates, customers, and the communities we serve, lead better lives when we genuinely understand them. This involves recognising, respecting, and valuing diversity in terms of unique styles, experiences, identities, ideas, and opinions while fostering inclusivity for all individuals.
Work-Life Balance: BHIVE promotes flexibility in work hours, ensuring a healthy work-life balance. Career
Growth: BHIVE invests in employee development, providing opportunities for professional advancement.
Impactful Work: Joining BHIVE means contributing to a real impact on the startup ecosystem in India. Employee
Referral Policy: 4
Category: Referral Category If you refer a candidate, you stand to win exciting prizes. For more details refer to
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