Wakefit | Hiring For Finance Executive - Payment Ops role in Bangalore
- Wakefit Innovations
- 1 - 6 years
- Bengaluru
- 2 months ago
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Job Description
Roles: Executive / Sr Executive - Accounts Receivable
Location: Corporate Office, Koramangala, Bangalore.
Job Description:
As an Executive in the Accounts Receivable department, your primary responsibility will be to manage and oversee the timely collection of payments from customers, ensuring that the company's outstanding invoices are processed and settled efficiently. You will work closely with the Accounts Receivable team and report to the Finance Manager.
Key Responsibilities:
1. Prepare and report Daily cash /online transactions reconciliation.
2. Follow up and highlight any discrepancies w.r.t to reconciliation to relevant stakeholders.
3. Coordinate with channel partners, banks and internal stakeholders to resolve issues on a timely manner.
4. Prepare reconciliation of collection made from 3PLs with Bank statements.
5. Monitor and record customer payments received through various channels, such as electronic transfers, and credit card payments. Reconcile payments with the corresponding invoices and update the accounting system accordingly.
6. Regularly review the accounts receivable aging report to identify overdue accounts and take appropriate actions to expedite payments. Prioritize collection efforts based on the aging of outstanding invoices.
7. Assist with month-end closure activities as required.
8. Identify opportunities to streamline and improve processes and automate everywhere required.
9. Ensure compliance with company policies and procedures, as well as relevant accounting standards and regulations, during the entire accounts receivable process
Requirements:
2-4 years of experience in accounts receivable, reconciliation, or financial operations.
Strong knowledge of accounting principles and procedures.
Detail-oriented with the ability to analyse data.
Strong organizational and time management skills to prioritize collection efforts effectively.
Proficiency in MS Excel (VLOOKUP, Pivot Tables, etc.).
Bachelors degree in finance, Accounting, or a related field is preferred.
Working knowledge in SAP
Job Classification
Industry: Internet (E-Commerce)Functional Area / Department: Finance & Accounting, Role Category: FinanceRole: Finance ExecutiveEmployement Type: Full timeContact Details:
Company: Wakefit InnovationsLocation(s): Bengaluru
Keyskills: Payment Reconciliation Reconciliation Cash Reconciliation Payment Collection Online Transaction Daily Cash Reports
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