Executive N - Customer Accounting
0 - 2 Years
Mumbai
Not Specified
Locomotor Disability, Dwarfism, Specific Learning Disabilities, Thalassemia, Hemophilia
Finance & Accounting
Other Manufacturing
Bachelors
Job Description
Job title- Executive N - Customer Accounting
Location-Vakola
Experience-Min 1 yr of relevant exp
Qualification- Any graduate - preferably Commerce background
JD - Customer Accounting:
1. Recovery from Group Companies - Ensuring timely and accurate recovery of various expenses from Joint Ventures and Subsidiaries - Monitoring Related party transactions and ensuring that they are within the overall limits as approved by the Board - Ensure that collections are received on timely basis by sending timely information of due invoices to related parties. - Reporting approval vs actuals on a monthly basis - Intercompany reconciliation - Work with IT in building the IT controls for complying with the provisions of Companies Act / Listing Agreement w.r.t. RPT:
2. Debtors - Preparation of debtors and analytical review of the same at business area level -Identifying key risk parameters for potential identification of customer defaults and highlighting it to sales team. -Preparation of provision for doubtful debts working as per provision policy and reasoning of the same from respective regional managers - Interaction with Legal team and sales team for identification of customers and initiating legal recovery process based on potential default analysis
3. Bank reconciliation activities -Understanding of system around collections posting & cheques posting and preparation of reco for open line items for timely closure by interaction with stakeholders -Understanding of systems around payment postings and Preparation of payment reco on timely basis and communicating it to stakeholders for timely closure
4. Other Customer Accounting Related - Closure of all Documents not released to accounts cases - Debtors Revaluation - Blocking / Unblocking of Customer accounts - Invoice Cancellation and preparation of MIS - Monthly circulation of Debtor balance confirmation and reconciliation of differences as part of ICFR - Audit related queries - Other general customer accounting related activities -non DBC customers.
