The Accounts Receivable Executive is responsible for managing the timely and accurate recording of payments received from various channels, ensuring effective reconciliation of accounts, and resolving discrepancies. The role also supports the preparation of regular financial reports and ensures the integrity of financial records. The Accounts Receivable Executive will collaborate closely with operations, branches, and external partners, including Foodpanda, to ensure smooth financial transactions.
Key Responsibilities:
1. Payment Processing & Recording:
- Receive and record payments via multiple channels, including cheques, electronic transfers, and credit card payments.
- Ensure that all payments are accurately recorded in the accounting system and that discrepancies are promptly investigated and resolved.
2. Cash Reconciliation:
- Oversee the reconciliation of cash received from outlets on a daily and weekly basis.
- Conduct regular cash audits for branches to ensure accurate record-keeping.
- Reconcile weekly payments with Foodpanda and create mechanisms to identify issues for resolution with Operations and Foodpanda.
3. Credit Card Payments & Bank Liaison:
- Reconcile daily credit card payments and work with the bank to resolve any issues or discrepancies.
- Coordinate with the banking team to address payment discrepancies.
4. Payroll Management:
- Collaborate with the HR department to manage the payroll for branches and the Head Office (HO).
- Ensure timely and accurate payroll processing.
5. Accounts Receivable Management:
- Maintain records of payments received from branches, Foodpanda, and other sources of income.
- Prepare regular accounts receivable aging reports to highlight outstanding payments and provide updates to management.
6. Loan & Advance Record Keeping:
- Maintain accurate records of loans and advances provided to employees or other entities.
7. Financial Reporting & Reconciliation:
- Perform weekly reconciliations of cash, bank, and receivables.
- Assist in the preparation of monthly financial reports related to receivables.
8. Audit Support:
- Ensure proper record-keeping and documentation for audits.
- Support the internal and external audit process by providing necessary financial documentation and reports.
Qualifications:
- Education: Bachelor's degree in Accounting, Finance, or a related field.
- Experience: Minimum of 2-4 years of experience in an accounts receivable or finance-related role.
Skills & Competencies:
- Proficiency in accounting software such as QuickBooks, SAP, or ORACLE.
- Strong attention to detail and ability to manage high transaction volumes.
- Excellent communication and negotiation skills.
- Ability to work under pressure and meet deadlines.
- Strong understanding of accounting principles and financial reporting standards
Job Details:
- Working Days: Monday - Friday
- Working Timings: 10 AM - 6 PM
Benefits:
- Fuel as per job nature defined by the Line Manager
- Food allowance: 6k
- Food tab limit: 4500
- Life and Accidental Insurance
- Company Provided SIM card
Services:
- Individuality & originality of people
- Breakthroughs & Innovations (in our scope of work)
- Making some delicious meals & having a good time
Skills:
Financial Accounting, Accounts Payments Handling, Accounting, Accounts Administration, Account Receivable Collection, Accounts Receivable Software Command,