PURPOSE OF THE JOB:
Pricing, Claim accounting, IFOR updating, Credit insurance, remittance accounting, Sales return, New Selling Arrangement, Balance confirmation,
Key Focus Areas
- Pricing updating for customer.
- Accounting for claims
- IFOR updating.
- Credit insurance.
- Remittance
- Sales Return
- Recent selling Arrangement
- Balance confirmation
- Charging of interest

PRINCIPAL ACCOUNTABILITIES:
- Pricing updating for customer.
- Checking the correctness of the scheme/discount updated in the system
- Checking of invoices post accounting for schemes & discounts to check the correctness of the scheme & discount updating
- Checking of invoice factor on any amendment to the VAT rate
- checking of tax rate for the relevant customers
- Reconciliation of monthly invoices with the schemes & discounts provided by marketing
- Answering to marketing for the queries relating to above




- Accounting for claims
- Comparing the schemes/discount papers received against the amount ascertained
- Analyzing the actual scheme/ discount with the budget
- Ascertaining the monthly provision against sales made and intimating to accounts team
- IFOR updating
- Verifying the correctness of the IFOR limit & period updated
- Preparation of the MC request for IFOR limit & period received from marketing
- Checking the criteria of customers having balances more than 6 months, balance confirmation defaulters and intimate to marketing
- Credit insurance
- Providing data pertaining to the customers falling under overdue
- Monitoring the movement of the customers both fallen due for

📌 Finance Superintendent, Credits (Chennai)
🏢 ITC
📍 Chennai