PW (PhysicsWallah)
Location
Mumbai | India
Job description
Physics Wallah is currently hiring for Accounts Receivable (Mumbai-Andheri East Location)
Key Responsibilities:
1. Invoice Generation and Distribution:
Prepare and issue invoices to vendors accurately and in a timely manner.
Ensure invoices are compliant with relevant regulations and include all necessary information.
2. Vendor Reconciliation:
Reconcile accounts to resolve any discrepancies and ensure accurate financial records.
Investigate and resolve billing discrepancies or misapplied payments.
3. Collections Management:
Monitor accounts to identify overdue payments and follow up with customers to secure timely payment.
Implement and maintain a systematic approach to collections, including sending reminders and escalation procedures.
4. Cash Application:
Process incoming payments and apply them to the appropriate vendor accounts
Reconcile payments received with outstanding vendor invoices.
5. Vendor Communication:
Respond to Vendor inquiries regarding invoices, payments, and account status.
Maintain positive relationships with vendors while ensuring prompt resolution of any issues.
6. Reporting:
Generate regular reports on accounts receivable status, aging, and other relevant metrics.
Provide management with insights and recommendations for improving the receivables process.
7. Credit Control:
Assess creditworthiness of new and existing vendors
Establish credit limits and terms in collaboration with the credit control team.
8. Documentation:
Maintain accurate and organized records of all financial transactions (SAP)
Ensure compliance with internal policies and external regulations.
Qualifications and Skills:
Bachelor's degree in Finance, Accounting, or related field.
Proven experience in accounts receivable or a similar finance role.
Strong understanding of accounting principles and practices.
Excellent communication and interpersonal skills.
Proficient in using accounting software and Microsoft Office Suite.
Detail-oriented with strong analytical and problem-solving skills.
Job tags
Salary
