Accounts Receivable Executive

Job Description - Accounts Receivable Executive
Department: Finance & Accounts
Designation: Accounts Receivable Executive
Experience: 3-4 Years
Location: Lower Parel
Qualification: B.Com / M.Com / MBA Finance or equivalent
Industry: Manufacturing / FMCG / Cosmetics
Notice Period : Immediate or 15 days / 1 month Prefered.
Job Summary
We are looking for an experienced Accounts Receivable Executive to manage customer outstanding, payment follow-ups, receipt accounting, customer ledger reconciliation, and receivables reporting. The candidate should have hands-on experience in SAP and Tally and strong communication and follow-up skills.
Key Responsibilities

• Manage day-to-day Accounts Receivable activities and customer accounts.
• Regularly monitor customer outstanding and ageing reports.
• Conduct payment follow-ups with customers through calls, emails, and other communication channels.
• Ensure timely collection of outstanding and overdue payments.
• Maintain and reconcile customer ledgers and identify payment discrepancies.
• Record customer receipts accurately in SAP and Tally.
• Verify invoices, receipts, credit notes, debit notes, and other customer-related transactions.
• Coordinate with the Sales, Commercial, and Finance teams for payment collection and resolution of customer queries.
• Prepare and share daily/weekly/monthly outstanding and collection reports.
• Track overdue payments and escalate long-pending outstanding amounts to management.
• Reconcile bank receipts with customer accounts and ensure proper adjustment of payments.
• Follow up for TDS certificates and deductions and coordinate for necessary reconciliations.
• Assist in month-end closing and other AR-related activities.
• Maintain proper documentation and records of customer payments and outstanding.
• Ensure accuracy and timely completion of all Accounts Receivable activities.

Required Skills

• 3-4 years of relevant experience in Accounts Receivable.
• Hands-on experience in SAP and Tally is mandatory.
• Strong experience in customer payment follow-up and collection.
• Good knowledge of customer ledger reconciliation and ageing analysis.
• Good knowledge of MS Excel, including VLOOKUP/XLOOKUP and Pivot Tables.
• Good understanding of invoices, receipts, credit notes, debit notes, and TDS.
• Strong communication, follow-up, and coordination skills.
• Good analytical skills and attention to detail.
• Ability to handle multiple customer accounts and meet collection timelines.

Preferred Candidate Profile

• B.Com / M.Com Finance or equivalent qualification.
• 3-4 years of experience in Accounts
• Candidates from Manufacturing, FMCG, Cosmetics, Retail, or similar industries will be preferred.
• Candidates with strong hands-on experience in SAP, Tally, payment follow-up, customer reconciliation, and AR ageing will be preferred.