Executive - AR - Navi Mumbai, India - DP World Australia

Description

Name Executive - Accounts Receivables
Department - SSC
Location - Seawoods Office, Navi Mumbai
Position reports to Team Lead, Accounts Receivables

Key Responsibilities

• Obtain proper approval, check due/overdue status, and update collection information before releasing containers/BL.

• Submit invoices/PODs to customers, proactively resolve queries, and coordinate with departments for efficient payment and collection processes.

• Ensure prompt follow-up and collection of due/overdue payments.

• Circulate accurate weekly/monthly outstanding reports to the business and actively participate in review calls.

• Provide support to the GL team in reconciling open items during bank reconciliation.

• Regularly follow up with customers for TDS certificates and perform quarterly reconciliations.

• Conduct timely customer reconciliations to maintain accurate financial records.

• Effectively manage the full and final settlement of customer accounts.

• Perform quarterly customer balance confirmations and ensure consistent debt collection for internal and external audits.

• Promptly notify the business about dishonored cheques, monitor subsequent collections, and circulate monthly reports.

• Handle disputed accounts to expedite pending collections and align payments with agreed terms.

• Efficiently manage customer master blocking and unblocking in cases of cheque dishonor, overdue outstanding, or inactive status.

QUALIFICATIONS & COMPETENCIES

Qualifications

• Graduate in Commerce

• Computer knowledge including Proficiency in spreadsheet, word processing & email.

• Awareness of GST, Income Tax & basic accounting concepts.

• 4-8 years' experience of accounting activities

• Awareness of statutory regulations relating to Receivables

Remark

• The management has the right to change the accountabilities, duties and responsibilities, and any other content therein, as deemed fit and in accordance with work requirements.