Accounts Executive- Accounts Receivable
2 weeks ago
The Accounts Receivable executive plays a pivotal role in managing the organization's finances by ensuring the accurate and timely reconciliation of outstanding invoices and maintaining hygiene in Accounts Receivable. The majority work will be on MS Excel -processing data, building pivots & preparing various reports.
Key Responsibilities:
- Payment Processing:
- Monitor incoming payments and apply them accurately to customer accounts.
- Record payments in the accounting system and reconcile them with bank deposits.
- Collections:
- Manage and prioritize collections activities to ensure timely payment of outstanding invoices.
- Account Reconciliation:
- Reconcile courier partners accounts, investigate discrepancies, and report & resolve any errors or short remittance.
- Coordinate with tech department to resolve disputes and ensure accurate processing of invoices & credit notes.
- Ensure creation & knocking of credit notes against RTO & DTO orders.
- Work heavily on MS Excel and process bulky data using complex logic.
- Aging Reports:
- Generate and analyze accounts receivable aging reports to track outstanding balances or open credit memos.
- Develop strategies to minimize bad debt or duplicate credit memos.
- Documentation and Reporting:
- Maintain organized records of delivery partners MIS, hyperlocal cash MIS, O2C report.
- Prepare and present accounts receivable reports to management.
- Process Improvement:
- Identify opportunities to streamline accounts receivable processes and improve efficiency.
- Implement best practices to enhance the accuracy and speed of reconciliation.
Job Type: Full-time
Pay: Up to ₹30,000.00 per month
Benefits:
- Provident Fund
Work Location: In person
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