Responsible for meeting targets for Accounts Receivable performance including past due reduction, speed-to-pay, on time collection, minimizing aged debt.
Roles & Responsibilities
Accounts receivable management
Ensure compliance with established policies in all accounting transactions
Unblocking of the export & re-export orders for sales dispatches and for production.
Verification of receivable LC’s & BG’s updating and follow up for renewals without failure.
Account receivable aging presentations for monthly MIS reports
Customer statement reconciliations
Inter company receivables reconciliations.
Daily receipts, debit notes and credit notes passing.
TMI & CMI provisions and expenses monitoring for Export & Re-export market.
Bank reconciliation.
To close the month end books of AR&CM transactions with verification and run the create accounting to finalizing transactions transfer to respective general ledgers.
KPIs
Customer Statemenent Reconcillation
Export Receivable Aging report
Credit policy Compliance
Fund Availability
TMI & CMI Expense Report
Accurancy of Reconcilaltion of Receivale Account Ledger
Work experience requirement
5+ years of relevant experience in FMCG industry
Knowledge of ERP System desirable.
Qualification
M.B.A /M.Com/DFM
Accounting Qualification
Competencies Accounting Standards and Practices Financial Compliance Budgeting Financial planning and Analysis Documentation and Reporting Communicating effectively Self and Team Management Planning & Decision Making Customer Centricity Ownership & Result Orientation
