Orix - Accounts Receivables Role

Accounts Receivables Role

Responsibilities:

- Handle queries related to billing, provide timely solutions, to ensure bills are issued on time and payments get processed through the clients.

- Timely submission of invoices to the client, within the specified TAT. Client visits may also be required for bill submission and other invoice related queries.

- Regular follow ups with the clients on the outstanding payments, while making sure that all the payments are received within the credit period.

- Ensure all payments are allocated correctly within the TAT and PIS is sent to the F&A team.

- Reconciliation of clients' accounts efficiently, for NDC to be issued on quarterly basis.

- Ensure collection of outstanding payments and maintain a low DSO.

- Monitor customer account details for non-payments, delayed payments and other irregularities.

- Coordinate with all stakeholders to circulate the outstanding MIS and follow up on Legal/CIBIL matters.

- Share outstanding statements and other related documents and coordinating with the legal team and other stakeholders as needed.

- Report /escalate any outstanding payment of >= 90 days, alongside any other irregularities to the Supervisor /Department Head /CFO.

- Reconcile the TDS data with 26 AS in coordination with the Tax team and follow up for collection of the pending amount.

- Convert respective clients in virtual accounts and ensure the flow of payment comes in Virtual account, while maintaining the client wise data.

- Other miscellaneous reports/activities in line with the periodic requirements.