Accounts Receivable and Payable

2 months ago


Chennai Tamil Nadu, India Unidos Technology Full time

**Accounts Receivable (AR) Specialist**:
An **Accounts Receivable (AR)** specialist plays a crucial role in managing a company’s financial transactions related to customer payments. Here are the key responsibilities:

- **Invoicing and Billing**:

- Prepare and issue invoices to customers for goods or services rendered.
- Ensure accuracy in billing details, including pricing, terms, and payment due dates.
- **Payment Tracking and Collection**:

- Monitor outstanding accounts receivable.
- Follow up with customers to collect payments within specified timeframes.
- Handle inquiries related to invoices and payment discrepancies.
- **Reconciliation**:

- Reconcile customer accounts to ensure accurate records.
- Investigate and resolve discrepancies between payments received and outstanding balances.
- **Aging Reports**:

- Generate aging reports to track overdue invoices.
- Prioritize collection efforts based on the aging of receivables.
- **Cash Application**:

- Maintain accurate records of cash receipts.
- **Customer Relations**:

- Build and maintain positive relationships with customers.
- Address any issues or disputes related to billing or payments.

**Accounts Payable (AP) Specialist**:
An **Accounts Payable (AP)** specialist handles the financial transactions related to vendor payments and expenses. Here are the key responsibilities:

- **Invoice Processing**:

- Receive and review vendor invoices.
- Verify the accuracy of invoice details, including quantities, prices, and terms.
- **Payment Authorization**:

- Obtain necessary approvals for payment.
- Schedule and prepare disbursements to vendors.
- **Discounts and Credits**:

- Identify opportunities for early payment discounts.
- Monitor vendor payment agreements to maximize cost savings.
- **Sales Tax and Compliance**:

- Ensure timely payment of sales tax on relevant invoices.
- Comply with tax regulations and reporting requirements.
- **Reconciliation and Reporting**:

- Reconcile vendor statements with accounts payable records.
- Prepare financial reports related to payables.
- **Internal Controls**:

- Adhere to internal accounting controls to prevent fraud or errors.
- Maintain financial security by following established procedures.

**Job Types**: Full-time, Permanent

**Salary**: ₹20,000.00 - ₹22,000.00 per month

**Benefits**:

- Health insurance
- Provident Fund

Schedule:

- Day shift

Supplemental pay types:

- Performance bonus
- Yearly bonus

**Experience**:

- Accounts Receivable and Payable: 1 year (preferred)

Work Location: In person

Expected Start Date: 22/04/2024



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