Job Description

Senior Executive Accounts

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Job Title

Senior

Executive Accounts

Function

Accounts

Reporting to

Manager - Accounts

1. Purpose

Support and manage the area finance & accounts related activities like fixed asset accounting, accounts payable, accounts receivable, etc. at the branch. Also responsible for management of invoicing and collections, approval of vendor payments, cash management, credit control and audit support.

2. Key Responsibilities

Responsibilities

Support the activities related to accounts receivable, credit management, asset management, petty cash management, etc. at the area level

Support Area Head in ensure compliance to all standard operating procedures (SOPs) and standard accounting practices for the area Responsible for adherence to the area budget and report variances (if any)

Maintenance & reconciliation of Bank Accounts

Timely and accurate updation of all books of accounts for the area on a daily and monthly basis

Classification, recording and reporting of financial data within the scheduled deadlines to the Branch

Monitor daily reconciliation of cash in hand with the book balances

Ensure adherence to all taxation policies of the company; Monitor compliance of the area on all tax matters as per laws in terms of correct calculation, accounting and filing for payments to avoid any penalties/ legal notices, etc.

Monitor the fixed asset accounting process in the area and ensure capitalization and accurate monetization of assets

Conduct effective credit management and control at the area level; Monitor adherence to established procedures for determining the credit worthiness of the customers

Maintain accuracy of all accounts receivables processing

Verification of all invoices/ bills as per compliance requirements and forward the same to the branch finance team for payment processing

Accurate and timely collections; Monitor accounts receivables process from customers across the area

Monitor daily banking of all cash received / collected

Conduct regular DSO check and cash reconciliation status

Responsible for timely renewal of agreements with respect to channel partners, vehicles/ fleet, lease agreements, PDA, ESAs, contract staff, etc. Monitor and track all area debtors regularly to reduce chances of default; Monitor delinquent accounts and prepare reports on high risk accounts with recommendations for their resolution

Monitor processing of salaries for employees in the area; Ensure accurate receipt of C-form and other details from the various centers in the area

* Generate and maintain all MIS and documentation related to Area Finance; Highlight any deviations to the Branch Finance & Accounts Head - Accounts