About this role
Job title: Accounts Executive - Thane - Fixed Term Employment - 6 months Internship
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