About Vedantu:
Founded in 2014, Vedantu emerged as a visionary in the ed-tech space, pioneering the shift towards online education in India. Our name, derived from Veda (knowledge) and Tantu (network), reflects our mission: to create a vast network of knowledge accessible to all. We embarked on a journey to transform the educational landscape, leveraging technology to make quality education available, affordable, and personalized
Key Responsibilities.
- Manage end-to-end Accounts Receivable (AR) processes, ensuring timely and accurate billing, posting, and tracking of payments.
- Monitor outstanding invoices and follow up proactively with clients to ensure timely collections.
- Maintain AR aging reports and ensure adherence to credit control policies.
- Perform regular reconciliation of customer accounts, payment gateways, and bank statements.
- Identify and resolve discrepancies between financial records, invoices, and receipts.
- Ensure accuracy and completeness of financial data across systems.
- Manage settlements and reconciliations across multiple payment gateways (Razorpay, Paytm, Cashfree, etc.
- Track transaction failures, chargebacks, and refunds, coordinating with internal teams and gateway partners for resolution.
- Analyze payment trends to optimize transaction efficiency and cost.
- Develop and implement strategies for effective AR collections and DSO (Days Sales Outstanding) reduction.
- Generate regular AR and collection reports for management review.
- Support month-end and year-end closing activities related to AR.
- Use advanced Excel functions (Pivot Tables, VLOOKUP, dashboards, macros, etc.) for financial analysis and reporting.
- Prepare MIS reports, trend analysis, and forecasts for cash flow and receivables.
- Provide insights to improve AR processes and financial controls.
Required Skills & Competencies:
- Bachelor's degree in Finance, Accounting, Commerce, or related field (MBA or M.Com preferred).
- Strong knowledge of Accounts Receivable, Account Reconciliation, and Payment Gateway Operations.
- Proficiency in Advanced Excel and financial data management.
- Hands-on experience with ERP/accounting software (e.g., Tally, SAP, Zoho Books, or similar).
- Excellent analytical, problem-solving, and communication skills.
- Strong attention to detail and ability to meet deadlines in a fast-paced environment.
