Trainee

Management Accounting:

• Preparation of month-end management reports and prelims efficiently.
• Recording Accruals for Expenses and Income.
• Recording Prepayments existing and new, and release prepayments.
• Recording Journal entries based on various sources/inputs.
• Ledger scrutiny after updating Nominal Ledger activity.
• Variance analysis - Comparison of Actual vs Budget/Forecast.
• Providing Notes and commentaries for the Income, expenses or its variances.
• Finalizing and Discussing the P&L & B/s numbers and addressing queries of internal and client stakeholders via calls/emails.

Accounts Payable:

• Supplier invoice processing with payment run.
• Supplier query management.
• Internal expense management.
• Staff expense processing and payment run.
• 2-way / 3-way matching reconciliation.
• Vendor setup and reconciliation.
• Assistance with audit queries.
• Assistance with inter-department dependencies.
• Preparing and analyzing the aged creditor reports.

Accounts Receivable:

• Create invoices according to company practices; submit invoices to customers.
• Maintain accounts receivable records to ensure aging is up to date, credits and collections are applied, uncollectible amounts are accounted for, and miscellaneous differences are cleared.
• Monitor and collect accounts receivable by contacting clients via telephone and email
• Work with the collections department to review accounts, client payments, credit history, and develop new or better repayment terms.
• Handle audit queries and provide details of audit samples.
• Perform administrative and clerical tasks, such as data entry, preparing invoices, sending bill reminders, and contacting clients to discuss their accounts.
• Preparing and analyzing the aged debtors reports.
• Customer setup and reconciliation.

Credit Control:

• Chase debts via calls and emails.
• Manage and monitor customer credit accounts to ensure timely payment of outstanding invoices.
• Work on aged debt reports.
• Daily aged debt chasing.
• Work on unallocated cash.
• Maintain accurate records of all customer interactions, payment details, and collection efforts.
• Prepare and distribute regular reports on accounts receivable status, aging, and collection progress.
• Updating daily / weekly MIS Reporting for Customers.

Required Qualifications:

• B.COM/MCOM/MBA (Commerce Graduate)
• 0-12 months of experience in accounting or related fields.
• Strong communication and problem-solving skills.
• Excellent stakeholder and client management abilities.
• Proficiency in presentation skills.
• Ability to work effectively in a team and manage multiple tasks.