Controller of Financial Transactions

4 days ago

Mumbai, Maharashtra, India beBeeAccountant Full time ₹ 18,00,000 - ₹ 20,00,000
Accounts Payable/Accounts Receivable Professional

We are seeking a skilled and detail-oriented professional to oversee the entire accounts payable and receivable functions. The successful candidate will be responsible for ensuring accurate and timely financial processing, reporting, and compliance with regulatory requirements.

Key Responsibilities:
  • Accounts Payable Management:
    • Oversee the entire accounts payable process, including invoice processing, payment approvals, and vendor management.
    • Ensure timely and accurate processing of invoices and payments to vendors.
    • Review and reconcile vendor statements, resolving any discrepancies.
    • Manage the month-end and year-end closing processes for accounts payable.
    • Develop and implement AP policies and procedures to improve efficiency and control.
  • Accounts Receivable Management:
    • Oversee the entire accounts receivable process, including invoicing, collections, and customer account management.
    • Ensure timely and accurate processing of customer invoices and payments.
    • Monitor and manage aging accounts receivable to ensure timely collections.
    • Resolve customer billing issues and disputes promptly.
    • Develop and implement AR policies and procedures to improve efficiency and control.
  • Team Management:
    • Lead and mentor the AP/AR team, providing guidance and support to ensure high performance.
    • Conduct regular performance reviews and provide feedback for continuous improvement.
    • Foster a collaborative and positive work environment within the team.
  • Financial Reporting and Compliance:
    • Prepare and analyze AP/AR reports for management review.
    • Ensure compliance with company policies, accounting standards, and regulatory requirements.
    • Assist in the preparation of financial statements and audits.
    • Maintain accurate and organized financial records and documentation.
  • Process Improvement:
    • Identify and implement process improvements to enhance the efficiency and effectiveness of the AP/AR functions.
    • Collaborate with other departments to streamline workflows and improve overall financial operations.

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