We are currently looking for Finance Executive (Accounts Receivable). Below is the job description:
1. Customer & Master Data
Customer account creation and maintenance Customer master verification Credit limit and payment-term maintenance GST/tax and billing information verification
3. Scheme Calculation & Settlement
Customer-wise and product-wise scheme calculation Target-based and slab-based scheme calculation Percentage and fixed-value scheme calculation Quantity-based promotional scheme calculation Verification of scheme eligibility as per company policy Calculation of customer incentives, rebates and discounts Adjustment for sales returns, credit notes and debit notes
4. Receipt & Cash Application
Customer payment posting Payment allocation against invoices Advance and unidentified receipt handling Customer ledger reconciliation Bank receipt reconciliation
6. AR Aging & Reconciliation
Customer-wise aging analysis 30/60/90+ days overdue analysis AR sub-ledger reconciliation with GL Open-item clearing Identification and correction of discrepancies
7. Dispute Management
Invoice and pricing dispute resolution Scheme-related dispute resolution Coordination with Sales, Commercial, Logistics and customers Tracking disputes until closure
8. Month-End & Year-End Closing
AR reconciliation Scheme provision/accrual calculation Outstanding and aging review Credit-note/adjustment posting Month-end reporting Audit support