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Accounts Receivable Executive


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.


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