Executive – Accounts (Customer Accounting) (PwD)

Business Responsibility Areas 1. Debtors - Preparation of debtors and analytical review of the same at business area level - Identifying key risk parameters for potential identification of customer defaults and highlighting it to sales team. - Preparation of provision for doubtful debts working as per provision policy and reasoning of the same from respective regional managers - Interaction with Legal team and sales team for identification of customers and initiating legal recovery process based on potential default analysis 2. Bank reconciliation activities - Understanding of system around collections posting & cheques posting and preparation of reco for open line items for timely closure by interaction with stakeholders -Understanding of systems around payment postings and Preparation of payment reco on timely basis and communicating it to stakeholders for timely closure 3. Other Customer Accounting Related - Closure of all Documents not released to accounts cases - Debtors Revaluation - Blocking / Unblocking of Customer accounts - Invoice Cancellation and preparation of MIS - Monthly circulation of Debtor balance confirmation and reconciliation of differences as part of ICFR - Audit related queries - Other general customer accounting related activities -non DBC customers Key Performance Indicators - Bringing out key analysis points and communication it to stake holders for comments - Identifying risk parameters and constant review of the same. - Accuracy of data preparation and reporting - Ensuring significant reduction of customer defaults and thus reducing hit to P&L -Proper understanding of systems and ensuring timely closure of open line items on monthly basis. -Interaction of key stakeholders and highlighting delay in accounting of payments or collections by preparing MIS reports - Quality of exception reporting and follow up for closure of old open items - Hygiene of Customer accounts Education: MBA, BBA, Qualification: 6 months to 2 years experience Functional Competencies: Good conceptual clarity on accounting logics Good communication skills MS-Office usage skills Behavioral Competencies: Should be a team player and should have a positive attitude towards the company and towards work. Managing effective relationships Salary Range : 5 - 6 LPA Scope of Work Geography Coverage : Country wide Corporate Coverage : Company wide Key Interactions: Internal: All locations (Sales and Manufacturing), Internal Audit, Corporate Finance, IT External: Statutory auditors, Group Companies Greetings from Saira Jobs! We are currently recruiting for a 'Executive – Accounts (Customer Accounting)' on behalf of our partner. Explore the opportunity below and apply today if you meet the qualifications!