Job Information
- Industry FMCG
- Business Education & Stationary Products Business
- Date Opened 02/08/2024
- Function Finance
- Job Type Full time
- Work Experience 1-3 years
- City Chennai
- State/Province Tamil Nadu
- Country India
- Zip/Postal Code 600002
Job Description
PURPOSE OF THE JOB:
Pricing, Claim accounting, IFOR updating, Credit insurance, remittance accounting, Sales return, Recent Selling Arrangement, Balance confirmation,
KEY FOCUS AREAS:
- Pricing updating for customer.
- Accounting for claims
- IFOR updating.
- Credit insurance.
- Remittance
- Sales Return
- New selling Arrangement
- Balance confirmation
Charging of interest
- PRINCIPAL ACCOUNTABILITIES:
Pricing updating for customer.
a) Checking the correctness of the scheme/discount updated in the system
b) Checking of invoices post accounting for schemes & discounts to check the correctness of the scheme & discount updating
c) Checking of invoice factor on any amendment to the VAT rate
d) checking of tax rate for the relevant customers
e)
Reconciliation of monthly invoices with the schemes & discounts provided by marketing
f) Answering to marketing for the queries relating to above
Accounting for claims
a) Comparing the schemes/discount papers received against the amount ascertained
b) Analyzing the actual scheme/ discount with the budget
c) Ascertaining the monthly provision against sales made and intimating to accounts team
- IFOR updating
a) Verifying the correctness of the IFOR limit & period updated
b) Preparation of the MC request for IFOR limit & period received from marketing
c) Checking the criteria of customers having balances more than 6 months, balance confirmation defaulters and intimate to marketing
- Credit insurance
a) Providing data pertaining to the customers falling under overdue
b) Monitoring the movement of the customers both fallen due for payment as well new customers falling under the overdue category
c) Ensuring the necessary documents are sent to the
📌 Finance Superintendent, Credits (Chennai)
🏢 ITC
📍 Chennai