Senior Executive - Accounts Receivable (AR Reconciliation)

Job description

**Role Overview** The Senior Executive Accounts Receivable (AR Reconciliation) will be responsible for managing customer account reconciliations, receivable accounting, collection follow-ups, and ensuring timely resolution of outstanding balances. The role requires close coordination with internal stakeholders to ensure accurate financial reporting, strong receivable controls, and effective working capital management. **Key Responsibilities** **Accounts Receivable & Reconciliation** - Perform daily, weekly, and monthly reconciliation of customer accounts and receivable balances. - Reconcile bank receipts, customer payments, and outstanding invoices. - Identify and resolve reconciliation differences, short payments, deductions, and unapplied receipts. - Maintain accurate customer ledgers and ensure timely closure of open items. **Collections & Customer Coordination** - Monitor customer outstanding balances and follow up for timely collections. - Coordinate with customers and internal teams to resolve payment-related queries. - Support dispute resolution and ensure timely recovery of overdue receivables. **Financial Reporting & Controls** - Prepare AR ageing reports, reconciliation statements, and collection MIS. - Support month-end and year-end closing activities related to Accounts Receivable. - Ensure compliance with internal controls, accounting policies, and SOPs. **Stakeholder Management** - Coordinate with Sales, Operations, Treasury, and Finance teams for timely reconciliation and issue resolution. - Support internal and statutory audits by providing reconciliation schedules and supporting documents. **Process Improvement** - Identify opportunities to improve reconciliation processes and strengthen receivable controls. - Ensure accurate documentation and timely reporting of AR transactions. **Qualifications & Experience** - B.Com / M.Com / MBA (Finance) or equivalent qualification. - 3-6 years of experience in Accounts Receivable, AR Reconciliation, or Finance Operations. - Experience in Retail, QSR, Hospitality, FMCG, or other high-volume transaction environments will be preferred. - Hands-on experience with SAP or other ERP systems and advanced Microsoft Excel.