Accounting Executive

2 weeks ago

Bengaluru, Karnataka, India TITAN COMPANY Full time ₹ 9,00,000 - ₹ 12,00,000 per year

Job Requirements

The Commercial Finance Executive will be responsible for end-to-end financial and commercial operations related to E-commerce and Trade businesses. This includes reconciliation of accounts, scheme management, credit monitoring, billing, provision tracking, and process improvements. The role involves close coordination with sales, marketing, legal, finance, and IT teams to ensure accurate accounting, compliance, and timely financial closures.

Key Responsibilities:

Accounts Reconciliation & Payments

  • Reconcile books of accounts between Titan and Chains/E-commerce platforms and resolve discrepancies.
  • Accounting and clearing of customer ledger based on payment advice for E-commerce.
  • Balance confirmation for E-sellers and handling of related queries.
  • Track actual vs due dates for payments and follow up for overdue amounts.

Schemes, Provisions & Billing

  • Scheme calculation and coordination with regions for CN/DN issuance.
  • Upload schemes for trade and retail channels.
  • Design process notes and SOPs for scheme implementation and compliance.
  • Ensure monthly provisions are accounted for; track actuals vs provisions for accuracy.
  • Address billing-related issues and support GRN and TOT checks in billing.

Customer Management

  • Customer code creation, blocking/unblocking based on overdue status.
  • Monitor and calculate credit limits weekly.
  • Handle virtual account mapping and ECOM marketing spends vs revenue tracker.
  • Support balance transfers for other channels and FOC accounting.

Controls, Reporting & Audits

  • Track and report debtor ageing and initiate follow-ups.
  • Respond to internal audit queries and participate in e-seller audits.
  • Review and report TOT monthly, deep dive into discrepancies, and coordinate resolutions.
  • Prepare and circulate minutes of debtor meetings; support competitor financial tracking.

Process Improvement & Automation

  • Identify automation opportunities; work with IT to implement workflows.
  • Prepare and document SOPs for various commercial activities.
  • Map and monitor expiry dates of contracts and agreements; initiate renewals.

Stakeholder Collaboration

  • Liaise with regional commercial, sales, marketing, finance, and legal teams.
  • Collaborate for ECOM weekly connects and marketing provision closures.
  • Coordinate commission working and marketing PO issuance.

Key Skills & Competencies:

  • Strong understanding of commercial accounting and finance processes.
  • Hands-on experience in SAP and other ERP systems.
  • Analytical mindset with attention to detail.
  • Strong Excel and reporting skills.
  • Good communication and stakeholder management abilities.
  • Process-oriented with a drive for automation and improvement.

Qualifications:

B.Com / MBA with minimum 6-8 years of experience in finance, accounts receivables, payables, with strong stake holders management.

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