We are looking for a proactive Accounts Receivable & Collections Executive who will be responsible for ensuring timely collection of outstanding payments from clients. The role is not limited to maintaining outstanding records. The candidate will actively follow up with clients, obtain clear payment commitments, identify reasons for payment delays, coordinate internally to resolve issues, and ensure collections are received on time.

Key Responsibilities

· Maintain client-wise outstanding and ageing reports and ensure they are updated regularly.

· Track every invoice, including invoice number, amount, submission date, due date, PO details, payment status, and dispute/issue status.

· Initiate payment follow-ups before the invoice due date.

Regularly follow up with clients through calls and emails for payment confirmation

· Obtain a specific payment commitment/date from clients instead of general responses such as “payment is under process.”

· Follow up on overdue invoices regularly and prioritize high-value and long-pending outstanding amounts.

· Identify reasons for payment delays, such as missing PO, GRN pending, invoice approval, documentation issues, service-related issues, client approval delays, or billing discrepancies.

· Coordinate with Sales, Projects, Operations, and other internal teams to resolve payment-related issues.

· Escalate high-value, critical, and long-pending outstanding amounts to management.

· Maintain a collection commitment tracker covering client name, outstanding amount, invoice details, promised payment date, actual receipt date, reason for delay, and current status.

· Prepare and share a daily collection/outstanding report with management.





· Monitor collection targets and ensure timely follow-up against assigned receivables.

· Maintain proper records of client communication and payment commitments.

· Coordinate with the Accounts team for payment reconciliation and confirmation of receipts.

· Highlight potential payment risks and delayed accounts to management proactively.

· Support month-end receivables closing and reconciliation activities.

Required Skills

· Strong follow-up and communication skills.

· Good negotiation and client-handling abilities.

· Ability to confidently speak with clients regarding pending payments.

· Strong ownership and persistence in collection activities.

· Good knowledge of Accounts Receivable, ageing, and collections.

· Working knowledge of MS Excel, including filters, sorting, and basic formulas.

· Positive documentation and reporting skills.

· Ability to coordinate effectively with multiple internal departments.

· Ability to handle pressure and work with collection deadlines.

Qualification & Experience

· Graduate in B.Com, M.Com, BBA, MBA (Finance), or a related field.

· 1–3 years of experience in Accounts Receivable, Collections, Credit Control, or Finance & Accounts.

· Experience in B2B collections will be an added advantage.

Key Performance Indicators (KPIs)

· Timely collection of outstanding receivables.

· Reduction in overdue and ageing amounts.

· Percentage of promised payments received on time.

· Number/value of invoices successfully recovered.

· Accuracy of ageing and outstanding reports.

· Timely resolution of payment-related issues.

· Follow-up discipline and quality of collection reporting.

Pay: ₹20,000.00 - ₹25,000.00 per month

Benefits

- Health insurance
- Provident Fund

Work Location: In person

📌 Account Recivable & Collection Executive (Vashi)
🏢 Zinq Electronics
📍 Vashi