PURPOSE OF THE JOB:
Pricing, Claim accounting, IFOR updating, Credit insurance, remittance accounting, Sales return, Current 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 (India)
🏢 ITC
📍 India