Executive- Finance-Accounts Receivables

Kemin Industries


Date: 2 weeks ago
City: Chennai, Tamil Nadu
Contract type: Full time
Overview

Location: Chennai

  • Handling Accounts Receivable independently including accounting receipts, managing collection plan and improve the process relating to Accounts Receivable.
  • Work Environment: Business Office
  • Occasional travel to Banks

Responsibilities

  • Monitoring bank receipts and accounting the receipts on daily basis.
  • Review sales orders on credit hold and release the orders as per company policy.
  • Liasioning with banks for submission of letter of credit and other supporting documents for Export sales collection.
  • Responsible to prepare collection plan and collaborate with commercial team to achieve collection targets.
  • Monitoring delayed / non payment customers and recommend action plan.
  • Reconcile with general ledger, aging analysis and calculate the provision as per company policy, etc. during the monthly closure process.
  • Periodic review of customer master for analysing credit limit review to mitigate the collection risk.
  • Obtaining confirmation of balances from customers and reconcile to ensure the correctness of book balances.
  • Assisting in streamlining the Accounts Receivable process in achieving Company’s KPIs.
  • Provide the required details for the statutory audit and internal audit relating to Accounts Receivable areas.

Qualifications

M.Com, / M.B.A candidates with minimum of 3-4 years of experiences.

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