Accounts Receivable Executive
Accounts Receivable Executive
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Job Description
Work Timings: 10:15 am 7:15 pm
Working Days: Monday to Saturday (2nd & 4th Saturdays Off)
Location: Lower Parel Mumbai (5 minutes from Railway Station)
Reports to: Head of Finance
Work Mode: 100% Work from Office
Age Criteria: Up to 30 years
Why IIDE
IIDE is Asia s most trusted digital marketing institute offering government-recognised online offline and postgraduate programs. We empower students graduates and working professionals to transform their careers and stay future-ready in the ever-evolving digital landscape.
About the Role
As an Accounts Receivable Executive at IIDE s Lower Parel office you will be a key member of the Finance team. Your role will focus on managing fee collections ensuring timely reconciliations and maintaining accurate financial records. This position demands a balance of precision persistence and strong communication skills to support seamless financial operations within the institute.
What You ll Do
Fee Collection & Invoicing
Follow up with students/guardians to ensure timely fee payments.
Generate invoices and receipts in Zoho Books for all payments received.
Reconciliation & Reporting
Reconcile payments from bank statements with student accounts.
Record and update student dropouts or bad debts in the system.
Prepare monthly projected cash flow statements for management.
Process & Collaboration
Handle other receivable-related tasks to ensure accuracy of financial records.
Work closely with the Head of Finance to streamline processes and improve collection efficiency.
Requirements
Must-Have:
Bachelor s degree in Commerce Finance Accounting or related field.
1 3 years of experience in accounts receivable fee collection or billing (freshers with relevant skills may also apply).
Strong communication and follow-up skills.
Proficiency in MS Excel and understanding of basic accounting principles.
Should Have:
Hands-on experience with Zoho Books or other accounting software.
Ability to prepare financial projections and reconcile large data sets.
Nice to Have:
Prior experience in the education/training sector.
Strong analytical skills to suggest process improvements in collections.
CA qualified or a Graduate in Finance and Accounting. Minimum 1-2 years of professional experience if CA qualified. Minimum 5-8 years of experience if not CA qualified. Strong knowledge of accounting principles and financial management. Proficiency in using accounting software, preferably Tally. Excellent numerical, mathematical, and analytical skills. Strong communication and interpersonal skills. Demonstrated leadership abilities and the ability to prioritize and solve problems. Good understanding of the mercantile system of accounting. Familiarity with the EdTech industry or experience in a reputable firm is a plus. The candidate must be residing in Mumbai. As an Assistant Manager Finance, you will play a critical role in ensuring the accuracy and integrity of our financial records. You will be expected to lead your team effectively, provide strategic insights, and contribute to the overall financial health of the organization.
Employment Type
Full Time
