Finance Executive
Job Description
We are currently looking for Finance Executive (Accounts Receivable). Below is the job description:
1. Customer & Master Data
- Customer account creation and maintenance
- Customer master verification
- Credit limit and payment-term maintenance
- GST/tax and billing information verification
2. CREDIT NOTE / DEBIT NOTE
- Invoice verification
- Debit notes and credit notes
- GST/tax calculation verification
- Customer statement generation
3. Scheme Calculation & Settlement
- Customer-wise and product-wise scheme calculation
- Target-based and slab-based scheme calculation
- Percentage and fixed-value scheme calculation
- Quantity-based promotional scheme calculation
- Verification of scheme eligibility as per company policy
- Calculation of customer incentives, rebates and discounts
- Adjustment for sales returns, credit notes and debit notes
4. Receipt & Cash Application
- Customer payment posting
- Payment allocation against invoices
- Advance and unidentified receipt handling
- Customer ledger reconciliation
- Bank receipt reconciliation
5. Collection & Follow-up
- Daily overdue monitoring
- Customer payment follow-up
- Collection planning
- Payment commitment tracking
- Escalation of long-outstanding balances
6. AR Aging & Reconciliation
- Customer-wise aging analysis
- 30/60/90+ days overdue analysis
- AR sub-ledger reconciliation with GL
- Open-item clearing
- Identification and correction of discrepancies
7. Dispute Management
- Invoice and pricing dispute resolution
- Scheme-related dispute resolution
- Coordination with Sales, Commercial, Logistics and customers
- Tracking disputes until closure
8. Month-End & Year-End Closing
- AR reconciliation
- Scheme provision/accrual calculation
- Outstanding and aging review
- Credit-note/adjustment posting
- Month-end reporting
- Audit support
9. MIS & Reporting
- AR Aging Report
- Outstanding Report
- Collection Report
- Customer Ledger
- Scheme Calculation Report
- Scheme Outstanding/Settlement Report
- Credit Note Report
- Customer-wise Sales & Scheme Report
- DSO Report
- Collection forecast
10. Systems & Excel
- SAP / Oracle / Dynamics / Tally / other ERP
- Advanced Excel
- Pivot Tables
- XLOOKUP/VLOOKUP
- SUMIFS/COUNTIFS
- Data reconciliation and MIS preparation
- GOOLGE SHEET WORK
More Info
Key Skills
About Company
Skills:
Excel, Bank Reconciliations, Tds, Finance, Mis, Accounts Receivable, Audit liaisoning, Taxation, ERP Tally, Accounts Payable, Indirect Taxation
Skills:
Tally, Excel, Indian taxation, reporting software, finance software, Microsoft Office Suite, compliance regulations
Skills:
General Ledger (GL), Accounts Payable (AP), Accounts Receivable (AR), Ms Excel, Billing, General Accounting, ERP accounting systems, Reconciliation Of Accounts, Sap Software, revenue recognition
Skills:
Tally, SAP, Zoho, Advanced Excel, Oracle, Direct Taxation compliance, Indian Accounting Standards, Gst
Skills:
Ms Excel, Tds, Gst, ZOHO Invoice, Tally 7.1