Account Executive

1 week ago

New Friends Colony Delhi Delhi, India Confluence Consultancy Services Full time

**Job Summary**:
The Accounts Executive will be responsible for managing and overseeing all aspects of contract accounting and billing processes. This includes ensuring accurate and timely invoicing, maintaining contract records, resolving billing issues, and collaborating with various clients / contractors / departments to ensure compliance with financial agreements.

**Key Responsibilities**:

- **Contract Management**:

- Review and manage contracts related to clients, vendors, and service providers.
- Ensure that contract terms, pricing, payment schedules, and obligations are properly reflected in the billing system.
- **Billing & Invoicing**:

- Generate accurate and timely invoices based on the contract terms and services rendered.
- Maintain a billing schedule and ensure timely issuance of invoices to clients.
- Monitor payment terms, follow up on overdue payments.
- Collaborate with the sales, operations, and project management teams to ensure proper billing.
- **Financial Reporting**:

- Prepare regular billing reports and update revenue tracking for management.
- Assist in the preparation of financial statements related to contract revenue recognition and outstanding receivables.
- Ensure compliance with accounting standards for revenue recognition and billing processes.
- **Customer & Vendor Relations**:

- Act as the point of contact for billing inquiries from clients and vendors.
- Resolve any billing issues or disputes in a timely and professional manner.
- Assist with financial audits related to contracts and billing.
- **Process Improvement**:

- Continuously evaluate and improve billing and contract management processes to ensure efficiency and accuracy.
- Assist with the automation and streamlining of billing functions.

**Qualifications**:

- **Education**:

- M.B.A. / B. Com (Finance background)
- **Experience**:

- 4-6 years of experience in accounts or billing, ideally with exposure to contract management.
- Knowledge of accounting principles, especially related to revenue recognition.
- **Skills & Competencies**:

- Excellent communication skills, both written and verbal.

Schedule:

- Day shift

Work Location: In person

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