Core Responsibilities
Accounts Receivable (AR) & Collections Management
- Credit Analysis: Evaluate new customer creditworthiness, analyze risk profiles, and recommend appropriate credit limits and payment terms.
- Aging Management: Actively monitor AR aging reports to identify overdue accounts, trends in delinquency, and potential bad debt risks.
- Collections Strategy: Execute proactive collection activities for high-value or severely delinquent accounts via phone and formal written communication.
- Dispute Resolution: Investigate and resolve complex customer billing, pricing, or tax discrepancies by partnering with internal sales and operations teams.
2. Accounts Payable (AP) & Compliance Management
- Invoice Verification: Execute rigorous 3-way matching (Purchase Orders, Receiving Logs, and Vendor Invoices) for incoming vendor billings.
- Payment Optimization: Manage weekly payment runs via banking portals, balancing cash preservation with early-payment discounts.
- Tax Compliance: Review and ensure compliance regarding local statutory requirements, including accurate withholding tax (TDS) deductions and GST reconciliation.
- Vendor Reconciliation: Perform monthly or quarterly reconciliations of vendor statements against internal sub-ledgers to prevent duplicate or missed payments.
3. Month-End & Analytical Reporting
- Ledger Reconciliation: Reconcile AR and AP sub-ledgers against the General Ledger (GL) to ensure complete data integrity.
- Accrual Management: Calculate and post monthly AP accruals for goods or services received but not yet invoiced.
- KPI Tracking: Generate and analyze operational cash flow metrics for leadership, including:
- Days Sales Outstanding (DSO)
- Days Payable Outstanding (DPO)
- Collection Effectiveness Index (CEI)
- Process Improvement: Identify system bottlenecks and assist in transitioning manual processes toward automated ERP workflows.
Key Performance Indicators (KPIs)
- DSO Reduction: Maintain Days Sales Outstanding within target corporate thresholds.
- Overdue Percentage: Keep accounts past 60/90 days below a defined percentage of total AR.
- AP Accuracy: Achieve greater than 98% accuracy in 3-way matching and voucher creation.
- Reconciliation Timeliness: Complete monthly ledger reconciliations within the standard close timeline.
Job Requirements & QualificationsTechnical & Professional Skills
- Experience: 2–5 years of progressive experience in corporate accounting, specifically focusing on dual AR/AP workflows or general ledger management.
- Education: Bachelor’s degree in Commerce (B.Com), Accounting, Finance, or a related business field.
- ERP Proficiency: Solid working experience with established ERP software (such as SAP, Oracle, NetSuite, Tally Prime, or QuickBooks).
- Advanced Excel Capabilities: High proficiency in data manipulation using VLOOKUP/XLOOKUP, Pivot Tables, logical formulas, and text/data parsing.
- Regulatory Knowledge: Sound operational knowledge of GST, TDS, corporate taxation, and fundamental accounting principles.
Behavioral & Interpersonal Competencies
- Assertive Diplomacy: Ability to negotiate firm payment timelines with delinquent clients while maintaining a professional business relationship.
- Detail Orientation: High visual and analytical precision to spot pricing discrepancies across high-volume transaction files.
- Confidentiality: Demonstrated commitment to handling sensitive corporate cash positions and supplier contract pricing with strict data discretion.
Pay: ₹35,000.00 per month
Benefits:
Application Question(s):
- Are you proficient in Excel?
- Do you have exposure in quickbooks?
- Do you have International AR/AP exposure?
Work Location: In person
