Senior Accounts Executive – COD Reconciliation

Department: Finance
Experience: Minimum 5 years
Qualification: Semi-Qualified CA / M.Com / B.Com
Role Summary
We are looking for a detail-oriented Senior Accounts Executive to manage the daily Cash on Delivery (COD) reconciliation for our hyperlocal orders. The role ensures that every COD order is accurately matched against the cash collected by delivery riders, the amount deposited in the bank, and the corresponding entries in the books of accounts. The objective is to identify discrepancies, track outstanding amounts, and ensure timely closure of all reconciliation exceptions.
Key Responsibilities
1. COD Reconciliation
• Reconcile daily hyperlocal COD orders across delivered orders, cash collected by riders, bank deposits, and system/book entries.
• Track rider-wise and store/location-wise COD collections and outstanding balances.
• Identify cash shortages, excess collections, unmatched deposits, and pending settlements, and follow up until closure within the agreed TAT.
• Reconcile cancelled, returned (RTO),



and undelivered orders to ensure that cash is neither incorrectly booked nor missed.
• Reconcile digital collections made at the doorstep through UPI, QR, or card payments against payment gateway settlements, wherever applicable.

2. Cash Deposits and Monitoring
• Monitor daily cash deposits made by stores and riders and verify them against bank statements.
• Flag delayed or short deposits and escalate deviations to the appropriate stakeholders.
• Maintain deposit slips and supporting documents for audit and verification purposes.

3. Reporting and Accounting
• Pass accounting entries for COD collections, deposits, and adjustments.
• Prepare daily, weekly, and monthly MIS reports covering COD collections, pending amounts, ageing, and reconciliation exceptions.
• Support month-end closing by ensuring accurate and timely reconciliation data.

4. Coordination and Process Improvement
• Coordinate with Operations, st

📌 Senior Accountant Reconciliation (Mumbai)
🏢 Truemeds
📍 Mumbai