Posted By
Posted in
Banking & Finance
Job Code
645753
Designation : Manager - Accounts Receivable
Department : Finance
Reporting to : AGM - Finance & Accounts
Reportees: 3-4
Education : M.Com / B.Com. (If CA/ICWA/CFA/MBA-Finance from A business school exp. Can be 4yrs).
Experience : 5-10 yrs
Age Group : 32 - 35 yrs
Brief of work :
- Manage and be the primary contact for all B2B customers.
- Manage pricing/margin discussions, promotions and credit note process.
- Draft, implement and monitor robust Accounts receivable process.
- Monthly MIS reporting on sales & debtor.
- Prepare, verify, and process invoices for sales or services rendered
- Enter data on invoices; ensure proper coding on documents
- Collect on accounts by sending invoice reminders and communication with customers via phone, email, fax or mail
- Post customer payments by recording cash, checks, and credit card transactions and entering them into the general ledger or accounting software
- Prepare cash and check payments for bank; totaling and recording the deposit amounts, filling out deposit slips and bundling the funds and slips; making deposits at the bank
- Update receivables by totaling unpaid invoices
- Reconcile the accounts receivable ledger to ensure that all payments are accounted for and properly posted
- Verify the validity of account discrepancies by obtaining and investigating information from sales, trade promotions, customer service departments and customers
- Resolve valid or authorized deductions by entering adjusting entries
- Resolve invalid or unauthorized deductions by following pending deductions procedures
- Resolve collections by examining customer payment plans, payment history, credit line; coordinating contact with collections department
- Summarizes receivables by maintaining invoice accounts, coordinating monthly transfer to accounts receivable account, verifying totals; preparing reports
- Generate monthly, quarterly or annual financial statements and reports detailing paid and unpaid invoices and other accounts receivable activity
- Protect organization's value by keeping information confidential
- Update job knowledge by participating in educational opportunities
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Posted By
Posted in
Banking & Finance
Job Code
645753
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