Job Description:
To ensure correct accounting of revenue. Manage end to end order to cash accounting
including but not limited to billing and accounting treatment of revenues, customer
master data, collections accounting, bad debt provisioning, debtor ageing.
Reconciliation of collections with the revenue master data and identifying exceptions
therein for the resolutions after discussions with ops teams;
Strong reconciliation abilities and extraction of data from various files for finalization of
revenue;
Posting sales entries in the Accounting system to ensure all are captured and
appropriately recognized for reporting;
Perform periodical Balance sheet reconciliation of control accounts, bank accounts and
all asset /debtor accounts;
Liaison with other Finance team members to ensure the integrity of accounts;
Ensure all collected payments are presented for posting within collection deadlines;
Debtors ageing and follow ups with the clients for timely collections;
Keeping a track of cash inflow and revenue projections.
Ensure closure of operational/month-end activities including data inputs for the MIS
preparation within strict timeframes;
Liasioning with the banks for the cash management and reconciliations on timely basis;
Accounting of all the bank transactions on a daily basis for reconciliation of accounts and
investments made by the company.
Education:
- Semi-Qualified CA/ MBA/ M.Com with atleast 3-4 years of experience (excluding training period) working in receivables department of a company (e-commerce company preferably); B.Com with 5-7 year experience.
- Proficient in Tally accounting and cost centre accounting;
- Must be strong in MS Office (Including MS Word, Excel with advanced skills);
- Quick learner and ability to deliver on time.
Subodh Popalwar
Software Engineer, Memorres
About Vital
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In your role you will:
- Be an active member of the GSS Fi management team in Global Centre Pune driving strategic and people orientated change programs.
- Manage a team of professionals delivering/processing the full cycle of cash allocation, cash management, accounts receivable and master data management
- Oversee and steer the day to day operation and delegate responsibilities across your team such that key performance indicators are consistently delivered.
- Build, coach and develop your team.
- Ensure that stakeholder requests are handled with professionalism and positive service attitude while ensuring that delivery is according to defined SLA.
- Establish and maintain close and professional partnerships with internal stakeholders.
- Streamline internal processes to ensure the most efficient operational standards.
- Review and manage exception reports, KPIs, and other key indicators of performance/output.
- Multinational company experience in a shared service organisation (preferably in businesses like ours)
- Strong communication skills, both written and oral
- Several years experience in managing Credit collections teams to drive performance. Must be organised and goal oriented.
- Solid knowledge in double entry book keeping (you don’t have to be a qualified accountant)
- Experience in creating and presenting cash flow forecasts to Regions and Group Treasury.
- Drive high quality Balance sheet reconciliations (Accounts receivable and Bank account)
- Experience in arranging payments (daily cash mobilisation) in the Regions that are being supported, which means multi-currencies. This will also mean Legal Entity (LE) deposit maintenance and tracking.
- Credit Card payment processing and reconciliation
- Given we use Oracle, driving more automation to improve efficiency would be a good thing.
Follow CutshortSubodh Popalwar
Software Engineer, Memorres