Job Description
We are currently looking for Finance Executive (Accounts Receivable). Below is the job description:
n1. Customer & Master Data
n
- n
- Customer account creation and maintenancen
- Customer master verificationn
- Credit limit and payment-term maintenancen
- GST/tax and billing information verificationn
n2. CREDIT NOTE / DEBIT NOTE
n
- n
- Invoice verificationn
- Debit notes and credit notesn
- GST/tax calculation verificationn
- Customer statement generationn
n3. Scheme Calculation & Settlement
n
- n
- Customer-wise and product-wise scheme calculationn
- Target-based and slab-based scheme calculationn
- Percentage and fixed-value scheme calculationn
- Quantity-based promotional scheme calculationn
- Verification of scheme eligibility as per company policyn
- Calculation of customer incentives, rebates and discountsn
- Adjustment for sales returns, credit notes and debit notesn
n4. Receipt & Cash Application
n
- n
- Customer payment postingn
- Payment allocation against invoicesn
- Advance and unidentified receipt handlingn
- Customer ledger reconciliationn
- Bank receipt reconciliationn
n5. Collection & Follow-up
n
- n
- Daily overdue monitoringn
- Customer payment follow-upn
- Collection planningn
- Payment commitment trackingn
- Escalation of long-outstanding balancesn
n6. AR Aging & Reconciliation
n
- n
- Customer-wise aging analysisn
- 30/60/90+ days overdue analysisn
- AR sub-ledger reconciliation with GLn
- Open-item clearingn
- Identification and correction of discrepanciesn
n7. Dispute Management
n
- n
- Invoice and pricing dispute resolutionn
- Scheme-related dispute resolutionn
- Coordination with Sales, Commercial, Logistics and customersn
- Tracking disputes until closuren
n8. Month-End & Year-End Closing
n
- n
- AR reconciliationn
- Scheme provision/accrual calculationn
- Outstanding and aging reviewn
- Credit-note/adjustment postingn
- Month-end reportingn
- Audit supp