The accountant - AR is responsible for ensuring that payments for goods and services are received and recorded, securing revenue by verifying and reconciling receipts, and resolving any discrepancies of retail operations.
Responsibilities:
· Prepare daily sales collections summary and reconcile against the system generated report and sales entries.
· Clarify and resolve any sales and / or collection discrepancies and follows up any pending collections with the concerned departments
· Ensure that cash is deposited according to company procedures, credit card collections are settled by bank by the next working day and verifies the validity of gift vouchers, reward and loyalty points redeemed.
· Prepare journal entries for sales collections, deposits, and credit card settlements along with the required documents. Prepare necessary month end journal entries.
· Verify and process refund requests, if any, according to company return policy and procedure
· Reconcile cash and other receivable accounts, verifies, and resolves any variances and prepare the monthly schedule of accounts on timely basis
· Perform compliance and risk assessment check to ensure consistent implementation of company standards and procedures
· Perform regular visits to showrooms to check cash and manual invoices.
· Prepare other reports as and when required and assists in the annual financial audit
· Minimum 3 years’ professional experience with accounting systems and processes, including interpreting policy and procedures to provide accurate Financial Accounting functions.
· Proficient in Microsoft Office (Word, Excel, Outlook)
· Accounting systems/ERP
· Certifications: CPA, CIMA, ACCA or ACA
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