- To manage and control Debtors ageing, Debtors reconciliation, Customer follow up for outstanding.
- To manage and control incentive provisioning, tax-related audits and queries, incentive payment processing and accurate maintenance of financial records.
- To ensure the credit limit for the customers and ECL provisioning.
- The role is critical for ensuring regulatory compliance, cost optimization and smooth financial operations by collaborating closely with internal and external stakeholders.
Key responsibilities
- Debtors Review, Credit limit and Control
- Outstanding follow up with the Customers and Debtors Reconciliation
- Prepare incentive provisioning calculations based on approved schemes and business inputs.
- Maintain and update the incentive provision tracker regularly with actual payments.
- Communicate approved incentive amounts to relevant stakeholders.
- Handle tax-related queries and audits by providing necessary documentation and support to ensure compliance.
- Initiate and follow up on credit note approvals related to incentive disbursements.
- Coordinate with the Finance team to ensure timely processing of incentive payments.
- Manage AP/AR netting processes to ensure accurate and efficient financial reconciliation.
- Conduct cost savings analysis and contribute to identifying areas for financial efficiency and improvement.
- Initiate and follow up on credit note approvals for processed incentive payments.
- Manage Accounts Payable (AP) and Accounts Receivable (AR) netting processes to streamline financial reconciliation.
- Co -ordination for preparation on the monthly MIS reports
QUALIFICATIONS &
COMPETENCIES
Skills and Competencies
- Qualified Chartered Accountant.
- 5–10 years of experience in a finance or accounting role, preferably in incentive processing or tax handling.
- Positive analytical and problem-solving skills, particularly in cost analysis and budgeting.
- Strong understanding of accounting principles and financial reporting.
- Excellent communication skills – both written and verbal.
- Attention to detail and accuracy in managing large datasets and financial records.
- Excellent communication and coordination skills for stakeholder engagement.
- Ability to manage multiple tasks and meet tight deadlines.
- Knowledge of tax regulations and experience handling audits is a plus.
- Experience in handling audits and preparing necessary financial documentation.
Stakeholder
Internal: Other departments, Management
External: GST
Educational Qualification (min)
- Chartered Accountant.
Preferred Certifications if any -Range/ Min no of years - of overall Experience required
- Around 5 to 10 years ofoverall experience, with at least 5 years of core experiencein finance, accounting, provisioning and budgeting
Min no of years of Industry specific experience required, if any & the industry type
- Minimum 2 years of experience ( LOGISTICS/SHIPPING)