JOB DESCRIPTION
Role: Accounts Executive
Role Type: Internship/ Fixed term employment for 6 months
Freshers from commerce/ finance background are encouraged to apply
About the Role:
* The Executive will be responsible for ensuring timely and accurate updates of branch collections, follow-up on UPI payments, and reducing outstanding receivables through proactive ageing analysis and reconciliation. * The incumbent will report to the General Manager. The incumbent will have to work as part of a multi-functional team, and this involves collaboration with the internal team and external stakeholders.
Job Responsibilities:
* Update branch collection files every 2 to 3 days for timely settlement and reporting. * Coordinate with Pan-India customers and branches to collect payment advice for correct allocation and avoid mispostings. * Track and follow up on UPI payments weekly through emails and calls to ensure month-end settlement. * Extract ageing reports before month-end closing to check pending set-offs. * Coordinate with branches to collect invoice details for payments kept on account in the customer ledger. * Ensure accurate and up-to-date receivable records across all customer accounts. * Highlight discrepancies and follow up with relevant teams for resolution.
Key Result Areas:
* Timely Update of Collection Files * Correct Payment Posting * UPI Payment Reconciliation * Ageing Review and Set-Off Completion * On-Account Payment Resolution * Reconciliation Accuracy
Competencies (Skills essential to the role):
* Strong attention to detail * Effective written and verbal communication * Time management and the ability to meet deadlines * Problem-solving
Educational Qualification / Other Requirement:
* Bachelors degree in Commerce, Finance, or related field * Working knowledge of customer ledgers, payment allocations, and reconciliation * Experience handling UPI and digital payments is preferred * Proficiency in MS-Excel and Financial Software