Associate - Accounts Receivable
Location: Bengaluru
Department: Finance - Accounts Receivable
Experience: 3-5 Years
Job Purpose
We are looking for an experienced Accounts Receivable professional to manage collections, reconciliations, accounting of debit notes, and customer account management for NMT and E-Commerce channels. The role requires strong analytical skills, stakeholder coordination, and hands-on experience in receivables management and account reconciliation.
Key Responsibilities
- Collections Management
- Monitor collections for NMT and E-Commerce accounts.
- Coordinate with Key Account Managers (KAMs) and customers regarding payment advice.
- Download and track payment advice from customer portals.
- Ensure timely collection follow-ups and issue resolution.
- Debit Note Accounting & Verification
- Review and account customer debit notes.
- Coordinate with KAMs and customers for debit note validation.
- Verify debit notes against approvals and payment advice.
- Review Credit Against Goods (CAG) adjustments and ensure accurate accounting.
- Account Reconciliation
- Perform periodic reconciliation of NMT and E-Commerce customer accounts.
- Share balance confirmation statements on a quarterly basis.
- Follow up with customers for statements of accounts.
- Identify and resolve reconciliation discrepancies.
- Reconciliation Closure & Sign-Off
- Engage with customers through periodic discussions and visits to resolve open items.
- Drive closure of outstanding reconciliation issues.
- Obtain customer sign-offs on reconciled accounts.
- Process Compliance & Systems Adherence
- Ensure adherence to established receivables processes and controls.
- Maintain data accuracy and implement process updates as required.
- Participate in process improvement initiatives.
- MIS & Operational Support
- Monitor pending invoice payments through POD tracking.
- Prepare and analyze ageing reports.
- Coordinate with Field Sales and KAM teams for issue resolution.
- Ensure adherence to SOPs and internal controls.
Desired Candidate Profile
Educational Qualification
- Bachelor's degree in Commerce, Finance, Accounting, or related discipline.
Experience
- 3-5 years of experience in Accounts Receivable, Collections, Customer Reconciliation, or Credit Control.
- Experience in FMCG, Consumer Goods, Retail, E-Commerce, or Distribution environments preferred.
Required Skills
- Strong understanding of Accounts Receivable processes.
- Experience in customer account reconciliation and collections.
- Knowledge of debit notes, credit notes, and payment accounting.
- Good analytical and problem-solving skills.
- Strong stakeholder management and communication abilities.
- Proficiency in ERP systems and MS Excel.
Key Competencies
- Attention to detail
- Ownership and accountability
- Customer-centric approach
- Collaboration and stakeholder management
- Process orientation
- Result-driven mindset
Role Focus: NMT & E-Commerce Reconciliation, Collections, Customer Account Management, and Receivables Control.
