Overview

As an Account Receivable Specialist, you will be responsible for managing invoicing, payment collection, account reconciliation, and reporting. Your key duties include submitting invoices, following up on overdue payments, resolving discrepancies, and handling write-offs. Additionally, you will ensure accurate TDS deductions and timely receipt of certificates, playing a vital role in maintaining cash flow and minimizing delays while collaborating with internal teams.

Key Responsibilities

As an Account Receivable Specialist, you will be responsible for:

• Invoice Management:
• Submit Invoices to customers in a timely manner.
• Ensure accuracy of billing details and compliance with company policies.
• Payment Collection:
• Follow-up on overdue invoices via email, phone calls and written communication and personal visits.
• Develop and maintain effective collection strategies to minimize payment delays.
• Account Reconciliation:
• Reconcile customer accounts to ensure all payments are accounted for.
• Investigate and resolve discrepancies in customer accounts
• Reporting and Analysis:
• Ensure AR aging reports and track payment trends.
• Analyse outstanding debts and provide regular updates to management.
• Write-off adjustments:
• Review aged receivables to identify uncollectable balances or negligible amounts.
• Ensure to record write-offs in the accounting system and adjustments are approved by concern authorities.
• TDS Follow-up:
• Verify TDS deductions on customer payments and communicate discrepancies with customers promptly.
• Follow-up with customers for timely receipt of TDS certificates.
• Reconcile TDS deductions with account receivable to ensure proper crediting.
• Collaboration with internal teams to resolve mismatches between invoices and TDS amounts.

Required Skills

• Excellent Communication and Interpersonal Skills.
• Resource management, technical coordination, and reporting.
• Proficiency in accounting software, CRM systems, MS Office- Outlook, Advanced Excel and Knowledge of SAP.
• Strong client management, service coordination skills.
• Strong Analytical, problem-solving skills.

This job is provided by Shine.com