About Us

PURPOSE OF THE JOB:

Pricing, Claim accounting, IFOR updating, Credit insurance, remittance accounting, Sales return, Recent Selling Arrangement, Balance confirmation,

Key Focus Areas

• Pricing updating for customer.
• Accounting for claims
• IFOR updating.
• Credit insurance.
• Remittance
• Sales Return
• New selling Arrangement
• Balance confirmation
• Charging of interest
• PRINCIPAL ACCOUNTABILITIES:
• Pricing updating for customer.
• Checking the correctness of the scheme/discount updated in the system
• Checking of invoices post accounting for schemes & discounts to check the correctness of the scheme & discount updating
• Checking of invoice factor on any amendment to the VAT rate
• checking of tax rate for the relevant customers
• Reconciliation of monthly invoices with the schemes & discounts provided by marketing
• Answering to marketing for the queries relating to above
• Accounting for claims
• Comparing the schemes/discount papers received against the amount ascertained
• Analyzing the actual scheme/ discount with the budget




• Ascertaining the monthly provision against sales made and intimating to accounts team

· IFOR updating

• Verifying the correctness of the IFOR limit & period updated
• Preparation of the MC request for IFOR limit & period received from marketing
• Checking the criteria of customers having balances more than 6 months, balance confirmation defaulters and intimate to marketing

· Credit insurance

• Providing data pertaining to the customers falling under overdue
• Monitoring the movement of the customers both fallen due for payment as well new customers falling under the overdue category
• Ensuring the necessary documents are sent to the insurance company for lodging notification/claim
• Remittance
• Ensuring that remittance is done on the same day of the receipt
• Monthly report to the marketing of the collections made branch-wise
• Sales Return
• Checking of the invoice factors pertaining to the invoices for the last S

📌 Finance Superintendent, Credits (Chennai)
🏢 ITC
📍 Chennai