Accounts Executive - Thane - Fixed Term Employment - 6 months Internship

Job description

Role: Accounts Executive

Role Type: Internship/ Fixed term employment for 6 months

Freshers from commerce/ finance background are encouraged to apply

About the Role:

• The Executive will be responsible for ensuring timely and accurate updates of branch collections, follow-up on UPI payments, and reducing outstanding receivables through proactive ageing analysis and reconciliation.
• The incumbent will report to the General Manager. The incumbent will have to work as part of a multi-functional team, and this involves collaboration with the internal team and external stakeholders.

Job Responsibilities:

• Update branch collection files every 2 to 3 days for timely settlement and reporting.
• Coordinate with Pan-India customers and branches to collect payment advice for correct allocation and avoid mispostings.
• Track and follow up on UPI payments weekly through emails and calls to ensure month-end settlement.
• Extract ageing reports before month-end closing to check pending set-offs.
• Coordinate with branches to collect invoice details for payments kept on account in the customer ledger.
• Ensure accurate and up-to-date receivable records across all customer accounts.
• Highlight discrepancies and follow up with relevant teams for resolution.

Key Result Areas:

• Timely Update of Collection Files
• Correct Payment Posting
• UPI Payment Reconciliation
• Ageing Review and Set-Off Completion
• On-Account Payment Resolution
• Reconciliation Accuracy

Competencies (Skills essential to the role):

• Strong attention to detail
• Effective written and verbal communication
• Time management and the ability to meet deadlines
• Problem-solving

Educational Qualification / Other Requirement:

• Bachelors degree in Commerce, Finance, or related field
• Working knowledge of customer ledgers, payment allocations, and reconciliation
• Experience handling UPI and digital payments is preferred
• Proficiency in MS-Excel and Financial Software