Accounts Receivable

23 hours ago

Mumbai, Maharashtra, India Open Secret Full time ₹ 2,00,000 - ₹ 6,00,000 per year

Job description

Company Description

Open Secret is a food company that believes in providing wholesome and tasty snacks. We aim to provide our customers with healthy and delicious food alternatives which are not only good for their bodies but also taste great

Objectives of this Role

Support the company in optimizing our financial transactions and systems by performing reconciliation of payments and customer accounts

Communicate discrepancies to management team, identify slow-paying customers, and recommend collection candidates

Strengthen and grow relationships with clients by communicating with customers regarding past-due accounts

Assist in streamlining and improving the accounts receivable process identifying areas of performance improvement

Exercise integrity and confidentiality in financial reporting, and comply with federal, state, and local financial requirements

Daily and Monthly Responsibilities

Gather and verify invoices for appropriate documentation prior to payment

Maintain accounts receivable records to ensure aging is up to date, credits and collections are applied, uncollectible amounts are accounted for, and miscellaneous differences are cleared

Perform daily cash management duties, including the recording of bank deposits, updating and distribution of cash receipt logs, and posting of cash to the accounts receivable sub-ledger

Monitor and collect accounts receivable by contacting clients via telephone, email, and mail

Prepare analytical and ratio analysis in relation to A/R for management to gain a better understanding of how collection efforts are progressing

Support other accounting and finance team members, inventory management, and cost accounting

Skills and Qualifications

Understanding basic principles of finance, accounting, and bookkeeping

Proficient in Ledger reconciliation & scrutiny

Preferred Qualifications

Bachelor's degree in commerce or any equivalent

Strong mathematical skills

2-3 years Prior Experience at similar position.

Experience in driving process improvement

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