Account Receivable Executive – D2C FMCG Brand – Exp: 03+ years + WIPRO Partnered

Location:
Marol Andheri

Working days:
Wednesday to Monday, week off on Tuesday (6 days working)

Report to:
Finance Manager

About Soulflower

As a D2C Business we have grown for the past 2 decades, understanding the India consumer & offering them solutions.

We are in a HYPER GROWTH BUSINESS CYCLE and are inviting TOP TALENT with Growth Mindset to be part of our journey to creating history in the world of skin and haircare.

Soulflower is headquartered in Mumbai, Soulflower is a Farm2Face Brand, specializing in high efficacy, preservative-free, cruelty-free, aromatherapy, natural (ECO-CERT & ESG certified) face, skin, and hair care products.

In our mission to bring to you natural and potent ingredients in their purest form, our Farm to Face initiative came into existence; products sourced, harvested and delivered from a sustainable farm, straight to your skin and hair, without any chemicals or preservatives

Highest selling premium oil on Blinkit and Amazon serving over 5 Million direct customers & 100 plus corporates and growing.

Website:

Bestseller Brand in Skin Glow and hair Growth on Amazon, Blinkit, Instamart, Tira, Flipkart, Nykaa, Tira, etc currently available across India, USA, Singapore, UAE, Japan & UK. Retail Presence across India in Shoppers Stop, Lifestyle, Noble Chemist, Reliance Retail, Lulu, Apollo Pharmacy, Wellness Forever, Metro Cash & Carry, etc.

About role :

The Accounts Receivable Executive at Soulflower is responsible for managing the company's receivables, ensuring timely collection of outstanding invoices, maintaining accurate financial records, and supporting the Finance Manager in various accounting tasks. This role requires a meticulous, detail-oriented professional with strong analytical skills and a proactive approach to problem-solving.

Key Responsibilities:

Invoice Management:

• Prepare sales orders as per client Purchase Orders (PO) or specific requirements.
• Generate and send invoices to customers promptly.
• Ensure accuracy of invoices and compliance with company policies and legal requirements.
• Track and reconcile accounts receivable transactions.
• Need to have capability to prepare 700 B2B invoices in a month.

Collections:

• Monitor accounts to identify overdue payments.
• Follow up with customers via phone, email, and written correspondence to secure timely payments.
• Negotiate payment plans with customers as necessary.
• Maintain positive relationships with customers while addressing collection issues.

Record Keeping:

• Maintain and update customer files with accurate financial information.
• Record daily transactions and reconcile accounts regularly.
• Prepare and maintain accounts receivable aging reports.

Reporting:

• Provide regular reports on the status of accounts receivable to the Finance Manager.
• Assist in the preparation of financial statements by providing necessary data and insights.

Dispute Resolution:

• Investigate and resolve customer queries and disputes related to invoices.
• Collaborate with sales and customer service teams to address billing issues.

Compliance and Process Improvement:

• Ensure compliance with accounting principles and company policies.
• Assist in developing and implementing accounts receivable policies and procedures.
• Identify opportunities for process improvements and implement solutions.

GST Documentation and Reconciliation:

• Ensure that all invoices are GST compliant and correctly recorded.
• Prepare and file GST returns in a timely manner.
• Reconcile GST payable and receivable accounts monthly.
• Address and resolve any discrepancies in GST accounts.
• Stay updated with changes in GST laws and regulations to ensure compliance.

Qualifications:

Education: Bachelor's degree in Accounting, Finance, or a related field.

Experience: Minimum of 3-4 years of experience in accounts receivable or a similar role.

Skills:

• Proficiency in accounting software and MS Office (particularly Excel).
• Strong analytical and problem-solving skills.
• Excellent communication and interpersonal skills.
• High level of accuracy and attention to detail.
• Ability to work independently and as part of a team.
• Knowledge: Familiarity with accounting principles, practices, and standards, as well as GST laws and regulations.

Personal Attributes:

Meticulous and detail-oriented.

Proactive and able to prioritize tasks effectively.

Strong organizational skills.

Ability to handle sensitive information with confidentiality.

Positive attitude and customer-focused mindset.

Working Conditions:

Full-time position based in Soulflower's Mumbai office.