Manager - Client Accounting - Wholesale Operations - BFSI

Looking for Manager - Client Accounting (Wholesale Operations) for a leading BFSI client to be based at Mahape, Navi Mumbai.

Job Purpose :

- Accurate client accounting as per standard operating practices, in order to achieve efficient receivables management and to obviate revenue leakages.

Principal Accountabilities :

- Perform role of Maker for all Loan Management Transaction Processing activities

Loan Booking :

- Creation of new customer CIF and new accounts as per set processes with respect to loan booking

- Facilitating Business Team with calculation of upfront fees / charges considering Agreement terms and Tax applicability

- Recording of disbursements and Generation of Repayment Schedule as per the Agreement

Receivable Management :

- Timely and accurate recording of client accounting information including relevant commercial terms in the system

- Appropriation of receipts as per terms of agreement

- PDC Management including maintenance of PDC inventory and PDC deposit

Loan Monitoring :

- Monthly payment advice to be sent to clients

- Demand Letters for TDS Certificates and recording of TDS certificates

- Issuance of Balance Confirmation for all accounts.

Termination of Accounts :

- To perform closure activities on receipt of entire Dues and TDS certificates

- To issue No Dues Certificate on closure of the Account

Reports / MIS / Customer Interface :

- Receivable Management Reports Billing Statement, Collection and Overdue Reports

- Tracking Base rate / PLR movements of Banks and Financial institutions, etc

- Additional Interest applicability for clients - for non adherence of security compliance

- Information support to Legal / Business groups

- Only candidates from premier Institutes with Finance as Major/ CA to apply.