POSITION SUMMARY The Finance Executive will be responsible and accountable to administer all documentation in relation to the invoicing and receipt of payment of creditors in keeping with the current Finance Policy and Procedures. Additionally to administer other Finance tasks such as monthly management account schedules, bank reconciliations and related reconciliations.

ESSENTIAL FUNCTIONS

- Responsible for all activities in the accounts receivable function.

- Works directly with clients of invoices and other contract clients towards efficient collection results.

- Manages collection activities such as sending follow-up inquiries.

- Provides financial and administrative support by ensuring the company receives payments for services and properly records the transactions by posting receipts and resolving discrepancies according to established policies and procedures in an efficient, timely and accurate manner

JOB RESPONSIBILITIES

- Prepare, verify, and process invoices for services rendered

- Obtains revenue by verifying transaction information; computing charges and refunds; preparing and mailing invoices.

- Timely and effective collection of all debts and clients payments.

- Co-ordination with Client Account Manager/ Business heads for recovery of the payment for key clients.

- Maintains accounting ledgers.

- Verifies accounts by reconciling statements and transactions.

- Resolves account discrepancies by investigating documentation; issuing stop payments, payments,



or adjustments.

- Monitors un-billed invoices report weekly to ensure all are resolved and posted timely.

- Creditor and Debtor Ledger Maintenance

- Weekly collection of payments from client.

- Weekly credit control of outstanding event deposits and post event service invoices on the Debtor’s ledger.

- Overseeing the invoice and payment processing and ensuring the ledger is kept up to date and that all outstanding debtors

- Preparation and reconciliation of the monthly income schedules to identify income to be included in the monthly management accounts.

- Updating data and maintenance of accounts in Tally.

- Producing ad hoc reports and reconciliations as required by the Finance Manager

- Provide timely financial reports to Management.

- Any other related works as assigned from time to time by your reporting authority.

Key Requirements

- Good experience of account receivables analysis

- Shall have hands on accounting system like TALLY ERP

- Shall be well versed with day to day Finance and Accounts activities which includes Vendors management, payments and invoices, foreign remittance, journal entries, intercompany reconciliations, etc.,

- Hard working to handle day to day activities independently and do various reporting monthly MIS and other required reports.

- Candidate shall possess good communication skills- verbal & written.

- Positive MS Excel skills.

📌 Senior Finance Executive (Mumbai)
🏢 Sofomation
📍 Mumbai