Job Description
Invoice Preparation:
• Generate and send invoices to customers for goods or services provided, ensuring accuracy and timeliness.
• Verify that invoices align with sales orders or contracts and reflect the agreed-upon pricing and terms.
• Payment Processing:
• Process incoming payments by check, credit card, bank transfer, or other methods.
• Record payments in the accounting system and update customer accounts accordingly.
• Issue receipts for payments received.
• Accounts Reconciliation:
• Reconcile accounts receivable ledger to ensure that all payments are properly accounted for and recorded.
• Investigate and resolve discrepancies between customer payments and invoices.
• Customer Communication:
• Communicate with customers regarding payment terms, overdue invoices, and payment inquiries.
• Send regular reminders and follow up on overdue accounts to ensure timely collections.
• Negotiate payment arrangements and resolve disputes or issues related to outstanding balances.
• Credit Management:
• Assess the creditworthiness of new customers or clients by reviewing credit reports and past payment history.
• Set and maintain appropriate credit limits for customers.
• Work with customers to ensure payments are received within agreed-upon terms.
• Reporting:
• Prepare regular reports on accounts receivable aging (e.g., outstanding invoices, overdue payments).
• Provide updates to management on the status of receivables and cash flow.
• Assist in the preparation of financial statements by providing accurate AR data.
• Generate and send invoices to customers for goods or services provided, ensuring accuracy and timeliness.
• Verify that invoices align with sales orders or contracts and reflect the agreed-upon pricing and terms.
• Payment Processing:
• Process incoming payments by check, credit card, bank transfer, or other methods.
• Record payments in the accounting system and update customer accounts accordingly.
• Issue receipts for payments received.
• Accounts Reconciliation:
• Reconcile accounts receivable ledger to ensure that all payments are properly accounted for and recorded.
• Investigate and resolve discrepancies between customer payments and invoices.
• Customer Communication:
• Communicate with customers regarding payment terms, overdue invoices, and payment inquiries.
• Send regular reminders and follow up on overdue accounts to ensure timely collections.
• Negotiate payment arrangements and resolve disputes or issues related to outstanding balances.
• Credit Management:
• Assess the creditworthiness of new customers or clients by reviewing credit reports and past payment history.
• Set and maintain appropriate credit limits for customers.
• Work with customers to ensure payments are received within agreed-upon terms.
• Reporting:
• Prepare regular reports on accounts receivable aging (e.g., outstanding invoices, overdue payments).
• Provide updates to management on the status of receivables and cash flow.
• Assist in the preparation of financial statements by providing accurate AR data.
💡 Quick Summary
Seeking a career-building opportunity? The Account Receivable Executive position is now open for candidates interested in the Accountant Jobs sector. This role in Kolkata offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Accountant Jobs is a plus.
