Assistant Manager - Accounts Receivable - Retail

Job Title: Assistant Manager

Experience: 2 to 5 Years

Location: Bangalore

JD:

Accounts Receivables and Revenue processing Month end closing activities

- Preparation and review of Trial balance

- Prepare, verify, and process invoices for sales or services rendered

- Enter data on invoices; ensure proper coding on documents

- Collect on accounts by sending invoice reminders and communication with customers via phone, email, fax or mail

-Post customer payments by recording cash, checks, and credit card transactions and entering them into the general ledger oraccounting software

- Reconcile the accounts receivable ledger to ensure that all payments are accounted for and properly posted

- Verify the validity of account discrepancies by obtaining and investigating information from sales, trade promotions, customer service departments and customers

- Resolve valid or authorized deductions by entering adjusting entries

- Resolve invalid or unauthorized deductions by following pending deductions procedures

- Resolve collections by examining customer payment plans, payment history, credit line; coordinating contact with collections department

- Summarizes receivables by maintaining invoice accounts, coordinating monthly transfer to accounts receivable account, verifying totals; preparing reports

- Generate monthly, quarterly or annual financial statements and reports detailing paid and unpaid invoices and other accounts receivable activity.