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