Accounts Receivable Specialist

Job Description: Accounts Receivable Specialist

Location: Chhatarpur, New Delhi

Experience:* 2+ years

Responsibilities:

1. Invoicing: Review invoices for products or services to ensure accuracy and completeness.

2. Payment Processing: Record and process payments received from customers in a timely manner.

3. Follow-Up on Outstanding Payments:Monitor overdue accounts and proactively contact customers for payment to ensure timely collections.

4. Reconciliation: Match payments with corresponding invoices and reconcile discrepancies to ensure accuracy in financial records.

5. Credit Management: Evaluate and establish credit limits, manage credit terms, and assess the creditworthiness of customers.

6. Reporting: Generate reports, including aging reports and Fixed Assets register, to provide insights into accounts receivable status and financial performance.

7. Documentation: Maintain meticulous records of transactions, invoices, and customer communications for audit and reference purposes.

8. Collaboration: Work closely with other departments to streamline operations, resolve issues related to accounts receivable, and ensure smooth business processes.

Skills and Qualifications

- Bachelor's degree in Accounting, Finance, or related field preferred.

- Proven experience of 2+ years in accounts receivable or related financial role.

- Strong understanding of invoicing, payment processing, and reconciliation procedures.

- Excellent communication and interpersonal skills for effective collaboration with internal and external stakeholders.

- Proficiency in accounting software and Microsoft Excel for data entry, analysis, and reporting.

- Detail-oriented with a focus on accuracy and efficiency in financial record-keeping.

- Ability to prioritize tasks, meet deadlines, and work effectively in a fast-paced environment.

- Knowledge of credit management principles and practices is desirable.

Note: This job description is intended to provide a general overview of the responsibilities and requirements for the Accounts Receivable Specialist position. Duties may vary depending on organizational needs and industry-specific requirements.