Associate-OTC-Mohali

Main Accountabilities

• Timely and correct booking of all payments received in bank.
  • Apply Payments against invoices as per the remittance details provided by the client
  • Booking adjustments for discounts ,refund and cash in advance cases as well as accounting entries for provision for doubtful debts during month close
  • • Regular clearing of advances against the invoice
  • Knowledge of billing, issue credit/Debit Note
  • Follow-up with sales/execution team for remittance details, if required
  • Timely clearing of sub-ledger, follow-up on old aged items with different teams
  • Provide details to accounting team regarding customer advances
  • Complete various reports on time with accuracy
  • Meet SLA and KPI target each month.

Additional responsibilities:

• Resolve queries within defined timelines
  • Identify ideas for process improvement utilizing industry leading practices
  • Handle exceptions generated, perform root cause analysis to resolve current issues and act proactively to avert potential issues in future
  • Provide all information, documents and reports for audit. Post the audit; take steps as per corrective action plan drafted by the Team Leader.
  • File and archive relevant documents

Technical

• Good knowledge of Accounts receivable and cash application
  • Ability to work independently, efficiently and deliver high quality output under time pressure.
  • • Experience in SAP and workflow tools

Education & Experience

• 3- 5  years of work experience in a similar role
  • Experience in Agribusiness/Commodity trading industry preferred 
  • Minimum Education Qualification Graduation or higher
  • Good knowledge of concepts and procedures related to Cash application
  • Ability to work independently, efficiently and deliver high-quality output under time pressure
  • Good communication & Interpersonal skills to work effectively with internal/external teams across the Globe.
  • Strong problem solving & organization skills
  • Develop knowledge of the business, Accounting systems, Reconciliation policy, Finance Control standards and Quality Framework and ensure compliance with these
  • Excellent computer skills and competency in Microsoft Office (Word, PowerPoint, Excel, Outlook)
  • Experience in ERP/ Accounting systems (SAP) will be added advantage