Accounts Receivables
TLDR
Lead AR operations, ensuring accurate allocation, reconciliation, timely collections, and reporting within a lending/NBFC setting.
Job Responsibilities:
• Supervising operations of the Accounts Receivable (AR) section with focus on ensuring efficient processing (payment allocation, reconciliation and month-end reporting) of company receivables and timely collection in accordance to company policies.
• Coordinating with customers and sales teams for the collection of overdue / long outstanding accounts.
• Preparing reports and analyses on compliance and adverse trends along with appropriate recommendations or conclusions.
• Reviewing the agreements/SO, getting discrepancies corrected if any, maintaining tracker for validation on the SO/agreements terms & conditions and manage customer database.
• Checking the calculation of loan disbursal, interest, and getting discrepancies corrected immediately if any and verifying supporting for ensuring the correctness of invoices.
• Sending weekly reminders & notices and taking follow-ups for recovery and manage the collection. Also, performing activities for quarterly as well as yearly balance confirmation.
• Handling Loan Book / DPD etc.
• Handling Securitisation/DA (Payouts Working etc.)
• Allocating receipts as well as booking bank charges and performing with-holding tax reconciliation.
• Produce of daily, monthly and weekly various MIS reports and ageing.
• Calculating DSO, unbilled and deferred revenue and revenue for the month.
• Filing of GSTR1 and reconciliation with 26AS. Also, accountable for Debtors reconciliation.
• Gather and review supporting documentation for Internal and external audits.
Qualifications:
• The candidate should be a graduate in Commerce/MBA and have proven working experience as Accounts Receivable.
• Must carrying 2-4 years of experience in Lending/NBFC Firms.
• The candidate must be high in attention to detail and meticulousness.
• Comfortable in verbal and written communication
• Advanced mathematical and logical deduction skills
• Ability to learn quickly to be able to understand organizational processes and follow them.
• Must be well organized and methodical in approach and be able to manage filing/database system.
• Must understand the company policy documentation and how to apply them within day-to-day work and avoid leakages.
Chqbook is India's first neobank focused on small business owners, providing tailored financial services across banking, lending, insurance, and rewards. We leverage alternate data to create customized financial solutions, driving financial inclusion for over 800,000 customers and transforming how small businesses engage with financial products.