Role : Team Lead - AR Executive

 Fresher
 Gurgaon

Job Description

  • Understanding customer contracts and apply invoicing conditions on contracts-Time & Material, fixed price, transaction based billing
  • Track the Pro-forma Invoices/Advance Invoices issued/Credit Notes
  • Prepare the Final Invoices based on the contracts and Work Orders
  • Perform collection follow-up on overdue accounts on a timely basis and escalate/report unresolved issues  for further tracking
  • Process credit notes for all claims approved on a timely basis
  • 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
  • Identify and act upon collection risk issues and adherence to credit management policies of existing and new customers according to guidelines
  • Communicate discrepancies to management team, identify slow-paying customers and recommend collection candidates
  • Daily Cash Application of Receipts from Customers/tracking Unapplied Cash & Cash on Account
  • Prepare customer reconciliations and clear outstanding items and liaise with customer to resolve any issue
  • Assist in streamlining and improving the accounts receivable process identifying areas of performance improvement

Ensure that the SLAs and KPIs are adhered as per the SOP

Salary :   Not Disclosed by Recruiter

Industry :   IT Software - Other

Functional Area :   Business Finance

Role Category :   Computer/IT

Employment Type :   Full-Time

Education / Qualification :   B.com