Accounts Receivable Executive
- Mumbai, Maharashtra
- Permanent
- Full-time
The Accounts Receivable Specialist is responsible for managing and overseeing the accounts receivable process, including reporting collection performance, resolving team issues, and ensuring accurate ledger reconciliation. This role is critical in maintaining strong cash flow and fostering effective communication with the collection team.Key Responsibilities: * Collection Reporting:
- Monitor and compile daily, weekly, and monthly collection reports.
- Ensure timely submission of reports to the Finance Manager and other stakeholders.
- Issue Resolution:
- Act as a point of contact for the collection team to address challenges or escalations.
- Coordinate with internal departments to resolve disputes related to invoices, payments, or other AR-related matters.
- Provide clear and timely updates to the team on the resolution status.
- Ledger Reconciliation:
- Conduct regular reconciliation of customer accounts to ensure accuracy and compliance.
- Identify discrepancies in customer ledgers and address them proactively.
- Collaborate with the accounting team to ensure all payments are accurately recorded.
- Process:
- Ensure adherence to company policies and regulatory requirements related to accounts receivable.
- Customer Relationship Management:
- Maintain effective communication with customers to resolve outstanding issues and ensure timely payments.
- Bachelor's degree in Accounting, Finance, or related field.
- Proven experience in accounts receivable, collections, or a similar role.
- Strong problem-solving and analytical skills.
- Proficiency in accounting software and MS Excel.
- Excellent communication and interpersonal skills.
- Detail-oriented with strong organizational abilities.