Payments and Receivables Executive

3 days ago

Malad East Mumbai Maharashtra, India Spring Bio Solution Full time

**Spring Bio Solution** is a decade old, licensed wholesale distributor for RLD/Comparator drugs and Medical devices across the globe, to aid in clinical trials and bioequivalence studies. We pride ourselves on providing the highest level of customer satisfaction by supplying high-quality products through validated and licensed sources. Our partnership with renowned international pharmaceutical manufacturers ranging from small start-up companies to worldwide pharma giants enables us to source Reference Listed Drugs and Medical Devices for global markets.

**Responsibilities**:
Manage the end-to-end process of accounts receivable, including invoicing, billing, and collections.

Monitor and track outstanding receivables, following up with clients/customers to ensure timely payment.

Resolve any billing discrepancies or issues with clients/customers in a timely manner.

Generate and analyze aging reports to identify past due accounts and take appropriate actions for collections.

Coordinate with sales and customer service teams to address customer inquiries or concerns related to billing and payments.

Maintain accurate records of all transactions, including receipts, invoices, and payments.

Reconcile accounts receivable ledger to ensure accuracy and completeness.

Prepare regular reports on accounts receivable status, aging, and cash flow projections for management review.

Assist in month-end and year-end closing processes, including preparing reconciliations related to accounts receivable.

Collaborate with internal stakeholders to improve processes and streamline workflows related to payments and receivables.

Stay updated on industry best practices, regulations, and compliance requirements related to accounts receivable and payment processing.

**Qualifications**:
Bachelor's degree in accounting, finance, or related field.

Minimum of 2-3 years of experience in accounts receivable, billing, or payments processing role.

Proficiency in Tally

Strong analytical skills with the ability to interpret financial data and identify trends.

Excellent communication and interpersonal skills, with the ability to interact effectively with internal teams.

Detail-oriented with a high level of accuracy in data entry and record-keeping.

Ability to prioritize tasks and manage multiple deadlines in a fast-paced environment.

Strong problem-solving skills and ability to resolve issues independently.

Knowledge of accounting principles and regulations governing accounts receivable and payment processing.

Team player with a positive attitude and willingness to collaborate cross-functionally.

**Location**:
Malad (East), Mumbai

**Working Days**:
Monday-Friday, work from office

**Work Timings**:
9:30 AM- 6:30 PM

**Compensation**:
Based on your current CTC/Competitive as per industry standards

**Salary**: ₹100,000.00 - ₹240,000.00 per year

Schedule:

- Day shift
- Monday to Friday

Work Location: In person

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