Account Receivable Executive

Mumbai - India

Monthly Salary: Not Disclosed

Posted on: 30+ days ago

Vacancies: 1 Vacancy

Job Summary

Job Description: Accounts Receivable Executive

Location: Mumbai India

Overview

We are seeking a highly motivated and detail-oriented Accounts Receivable (AR) Executive to join our Finance team in Mumbai. The AR Executive will be responsible for managing the full Accounts Receivable lifecycle including timely invoicing accurate cash application and effective debt collection all crucial for maintaining healthy cash flow.

Key Responsibilities Invoicing and Cash Application

Generate review and distribute customer invoices accurately and in compliance with established billing policies and contracts.
Process and accurately apply incoming payments (e.g. checks NEFT RTGS wire transfers) to the correct customer accounts and invoices within the ERP system.
Perform daily reconciliation of cash receipts and ensure accurate bank deposits are recorded in the accounting system.
Investigate and resolve issues related to unapplied cash unidentifiable receipts and erroneous transactions.

Credit and Collections Management

Proactively manage the debt collection process for outstanding and overdue accounts communicating with customers via phone email and formal letters.
Monitor and analyze the Accounts Receivable aging report to prioritize collection efforts and maintain Days Sales Outstanding (DSO) targets.
Collaborate with Sales Customer Service and Operations teams to promptly resolve customer disputes short payments and billing discrepancies.
Maintain comprehensive records of all collection activities and customer interactions.

Reporting and Compliance

Assist in the accurate and timely completion of month-end and year-end close processes for Accounts Receivable.
Prepare and submit regular AR status reports to management including collection forecasts aging analysis and metrics.
Perform periodic customer account reconciliations to ensure ledger accuracy.
Ensure all AR practices adhere to company policies internal controls and relevant accounting standards (e.g. Ind AS/IFRS).

Required Qualifications

Education: Bachelors degree in Accounting Finance Commerce () or a related field.
Experience: 2 years of progressive experience in an Accounts Receivable or General Accounting role.
Technical Skills: Proficiency with major ERP systems (e.g. SAP Oracle Tally Microsoft Dynamics) and strong working knowledge of Microsoft Excel.

Essential Competencies

Excellent written and verbal communication skills (English is mandatory; regional language proficiency is a plus).
Strong negotiation and interpersonal skills for effective collection calls.
High level of attention to detail and accuracy in financial data processing.
Proven ability to work under pressure manage a high-volume workload and meet strict deadlines.

Job Description: Accounts Receivable Executive Location: Mumbai India Overview We are seeking a highly motivated and detail-oriented Accounts Receivable (AR) Executive to join our Finance team in Mumbai. The AR Executive will be responsible for managing the full Accounts Receivable lifecycle includi...