Accounts Receivable Executive - Navi Mumbai, India - NSC Global

NSC Global

Verified Company

Navi Mumbai, India

3 weeks ago

Posted by:

Deepika Kaur

beBee Recuiter

Description

Overview:

To secure on time cash receipts / customer payments for due debt and maintain an accurate Accounts Receivable Ledger

Responsibilities:

Tasks

Maintaining a high quality Accounts Receivable (AR) subledger on Navision having been designated the principle point of contact for a specific customer list i.e., all Key Customer Accounts
EMEA
Issuing customer statements to designated customer accounts (Monthly)
Signing off / reconciling designated customer accounts with respect their status on the AR subledger verifying overdue balances, unapplied cash / credit notes and any other irregular open item postings on the account (Weekly)
Upload the company's invoices and credit notes into the Customer's Portal / Invoice Registration Website e.g., Telefonica (Weekly)
Ensuring customers approve invoices before due date or identify invoices (billings) deemed in dispute no later than 1 week before their due date requiring:
Attending to queries raised by customers
Liaising with the internal teams to ensure queries are solved timeously
Escalating for supervisorial attention, accounts designated as "in dispute" after own efforts have been unsuccessful in resolving customer billing queries internally or due to unresponsiveness of the customer to overdue inquiries resulting in debt aging to increase on the account > 30 days. (Daily)
Maintaining the GAAR Report i.e., it must be uptodate; reflect accurate forecasts and collection status comments based on customer responses to queries on payment. (Daily)
Receipting and processing Customer Remittance notices checking the AR subledger agrees with the remittance and marking off all open items on the account as paid/settled by the customer.
Clearing Aged Unallocated Cash (cash received and not confirmed by the Customer issued Vendor Statement or memo as due for refund) to a designated Balance Sheet / Suspense Account.
Maintaining the centralized Customer Contact List and its related priority of escalation within the Customer's organization.

Responsibilities

Accounts Receivable Subledger integrity account reconciliations,
Collections of overdue debt / Cash collections review aging profile; follow up on, collect and allocate payments; investigate and resolve customer queries
Reporting "in dispute" accounts and as required to monitor AR performance
Forecasting future cash collections
Maintaining Customer and internal relations to ensure customer accounts do not fall overdue > 10% of what is due each week

Qualifications:
-
Education: Commerce Graduate / Inter. C.

A ; Good Communication Skills
Experience:
3-4 years in Accounting Field out of which at least 1 year should be in Accounts Receivable. Experience in Navision preferable.