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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.
Accounts Executive 2-3 Years of experience in Receivables
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
Mandatory Skills: Accounting and GST Knowledge
Desirable:Zoho Books knowledge, Co working sector experience, Startup working experience
Communication Skills, Attention to Detail, Problem-Solving Abilities, Advanced Excel
Qualification : Bachelors of Commerce/ similar
Location: Bangalore but You shall be required to travel outside your base location
About the Company: The BHIVE Group stands at the forefront of revolutionizing enterprise-grade managed offices & coworking spaces for enterprises, democratizing investments in Bengaluru. With BHIVE Workspace’s extensive network in prime locations of Bengaluru and Mumbai along with BHIVE Properties’ expertise in investment, the group redefines commercial real estate and financial services. BHIVE Workspace offers a collaborative ecosystem with over 27+ properties, 46,000 seats and spread across 1.8 million sq. ft, catering to corporates, MNCs, entrepreneurs, and businesses of all sizes. To know more about the BHIVE GROUP, visit – www.bhive.group
BHIVE’s Mission: The BHIVE Group’s mission is to be amongst the most loved and admired real estate companies of India by 2033
BHIVE’s Vision: BHIVE Group envisions helping people live a better quality of life. Anything that we do will have people and quality of life in mind.
Why Choose BHIVE:
Benefits: At BHIVE, we are committed to providing more than just a paycheck—we strive to create a supportive and rewarding work environment where employees feel valued, empowered, and motivated to excel. Our comprehensive benefits package, competitive compensation, financial security, and professional development opportunities, reflects this commitment and underscores our dedication to the well-being and success of our team members.
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 recognizing, respecting, and valuing diversity in terms of unique styles, experiences, identities, ideas, and opinions while fostering inclusivity for all individuals.
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: 5
Category: Referral Category
If you refer to a candidate, you stand to win exciting prizes. For more details refer to www.bhiveworkspace.com/employee-referral/
If you are someone who wants to join BHIVE to collaborate, Cowin and Cowork and would like to be part of this dynamic work culture, then we invite you to embark on a rewarding journey with us