Position Title: DH - Central Sales Accounting
Work Experience: 8 - 12 years
Qualification: Chartered Accountant OR MBA - Finance.
Job location: Vadodara
Job Purpose: Lead the sales accounting operations in shared service centre and is responsible for overseeing and managing all aspects of the sales accounting function within the organization. This role plays a critical part in ensuring accurate financial reporting and compliance with accounting standards and regulations.
Key Result Areas ?
Supporting Actions ??
1. Sales accounting: Manage day to day operation of CSA
- Ensure proper revenue recognition for all sales transactions in accordance with accounting principles.
- Supervise the accurate and timely recording of sales transactions in the organization's accounting system, including sales invoices, credit memos, and adjustments.
- Ensure that sales-related accounts are reconciled regularly, including accounts receivable, deferred revenue, and sales returns.
- Establish and maintain internal controls over sales accounting processes to safeguard company assets and prevent fraud or errors.
2.Customer Management & Reporting: Create & maintain accurate Customer records
- Oversee the end-to-end customer master data activities, including onboarding, maintenance, and reconciliation.
- Monitor the regular master data review and ensure customer information is accurate and up-to-date, and customer payments are received in accordance with payment terms.
- Supervise and ensure that customer codes are blocked and unblocked after careful analysis and as per the SOP.
3. Working capital Management: Timely receipt of customer payments
- Review and analysis of all outstanding payment across business units/zones.
- Supervise the balance confirmation process to ensure that balances appearing in our books are in alignment with customer records.
- Analyze and present status of outstanding payments to all stakeholders.
- Work closely with the marketing team to ensure timely collect