Description
To provide a high standard of allocation and reconciliation of receivables across all ledgers and reduction of debt owed an effective and efficient manner.
To provide a high standard of customer payments reconciliation, investigation of debt issues taking necessary actions to maximize debt collection within budgeted costs and agreed service standards for multiple ledgers
Responsibilities
- Perform all activity like cash receipts, customer query, Credit Memo request submissions, Credit memo processing, credit memo review and approval.
- Processing checks, wire and credit card payments manually and through any ERP soon after we receive payments.
- Researching for invoices in aging report to explicit unapplied Cash on account and Chargeback’s.
- Good Understating of Invoice creation
- Basic Understanding of Customer Set up & Handling Queries
- Understanding on managing Intercompany transactions
- Basics accounting knowledge.
- Sound knowledge on Golden rules of accounting
- Sound knowledge on Journal entries, P&L; and Balance sheet
- Sound knowledge of Cash Application,
Wire, Lockbox, Manual and Auto Payments
- Understanding on Suspense Accounts, Unidentified payments, Aging reporting
- O2C/AR Cycle Knowledge
- Excellent Communication skill both written and verbal
- Knowledge of Basics Accounting and Journal entries
- Understanding on AR and Cash Application
- Understanding on Unidentified payment, Wire Lockbox, Auto and Manual Application
- To ensure the activities are performed in accordance with compliance rules & agreed terms (internal and external)
- Analyze and research all discrepancies/ open items and resolve any queries relating to payments and reconciliations, provide back-up for all discrepancies
- Obtaining information from other departments to ensure records are accurate and complete and that AR ledgers and Journals are up to date.
- Ensure that the assigned targets are met in accordance with SLA and Internal standards.
- Any other essential func
📌 Senior Executive (Kochi)
🏢 EXL
📍 Kochi