Accounts Reconciliation and Settlement Executive
2 days ago
Job Title-
Accounts Reconciliation and Settlement Executive
Experience:
2-3 years
Budget:
20%-25% Hike on current CTC
Below is the detailed job description for the same.
We are seeking an experienced Accounts Recon and Settlement Manager to join our team. The successful candidate will be responsible for managing the accounts Recon process, ensuring timely and accurate payment of invoices, and resolving any disputes or issues that may arise. The ideal candidate will have excellent communication and analytical skills, with the ability to work independently and as part of a team.
Key Responsibilities:
Manage the accounts Recon process, including processing and posting invoices, credits, and payments.
Ensure timely and accurate payment of invoices by reviewing and analyzing customer accounts, identifying potential issues, and taking corrective action.
Resolve disputes and issues with customers, including negotiating payment terms and settlements.
Analyze customer payment patterns and identify trends or issues that may impact cash flow or revenue.
Develop and maintain relationships with customers to ensure timely payment of invoices.
Collaborate with internal departments, such as sales and finance, to ensure accurate invoicing and timely payment.
Develop and implement procedures to improve the efficiency and effectiveness of the accounts Recon process.
Provide training and guidance to junior team members.
Maintain accurate and up-to-date records of accounts Recon, including ledgers, journals, and other relevant documentation.
Ensure compliance with company policies, procedures, and regulatory requirements.
Identify opportunities for process improvements and implement changes as needed.
Requirements:
Bachelor's degree in accounting or related field.
1+ years of experience in accounts Recon, settlements, or related field.
Strong analytical and problem-solving skills.
Excellent communication and interpersonal skills.
Ability to work independently and as part of a team.
Strong attention to detail and accuracy.
Ability to prioritize tasks and manage multiple projects simultaneously.
Proficiency in accounting software, such as QuickBooks or SAP.
Experience with financial analysis and reporting tools.
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