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