Accounts Receivable Specialist

4 days ago

bangalore, India Biocon Full time

Job Title : Accounts Receivable


Job Summary

The Accounts Receivable Executive is responsible for managing and overseeing the collection of customer accounts in a manner that ensures high customer satisfaction and loyalty. This role includes maintaining accurate records, managing the aging of accounts receivable, and ensuring timely invoicing and collection.


Key Responsibilities

Collections: Follow up on outstanding invoices and ensure timely collection of payments. Implement and manage collection processes.

Customer Relations: Communicate with customers regarding their account status, resolve billing discrepancies, and answer any inquiries related to accounts receivable.

Record Keeping: Maintain accurate and up-to-date records of all accounts receivable transactions. Ensure all payments are accounted for and properly posted.

Aging Analysis: Regularly review the aging report to identify overdue accounts and take appropriate action to collect overdue payments.

Reconciliation: Reconcile accounts receivable ledger to ensure all payments are accounted for and properly posted.

Reporting: Generate and present reports on the status of accounts receivable to management. Highlight any issues and provide recommendations for improvement.

Compliance: Ensure compliance with company policies and procedures, as well as relevant regulations and standards.

Collaboration: Work closely with the accounting and finance team to support overall financial goals and initiatives.


Qualifications

Education: Bachelor / Master degree in Accounting and Finance, CA Inter, Business Administration, or related field.

Experience: Minimum of 3-5 years of experience in accounts receivable or a similar role.


Skills:

- Strong knowledge of accounting principles and practices.

- Proficiency with accounting software (SAP).

- Excellent communication and interpersonal skills.

- Strong analytical and problem-solving skills.

- High level of accuracy and attention to detail.

- Ability to work independently and as part of a team.

- Proficiency in Microsoft Office, especially Excel.


Competencies

Organizational Skills: Ability to manage multiple tasks and prioritize workload effectively.

Customer Service: Commitment to providing high-quality customer service.

Time Management: Ability to meet deadlines and manage time effectively.

Attention to Detail: High level of accuracy in preparing and entering financial information.

Problem-Solving: Ability to identify issues and develop effective solutions.



Working Conditions

Environment: Office setting with a standard work week. May require overtime during peak periods.

Physical Demands: Primarily sedentary work with occasional lifting of files and boxes.

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