Lead / Sr Executive - Accounts Receivable at Ontrack HR Services Pvt LTD

, tamil nadu, India -

Full Time

Start Date

Immediate

Expiry Date

19 Jun, 26

Salary

1200000.0

Posted On

21 Mar, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Accounts Receivable, Invoicing, Revenue Recognition, Collections Accounting, Bank Guarantee, Letter Of Credit, Reconciliation, Regulatory Compliance, Statutory Audit, Internal Audit, Tax Audit, Transfer Pricing Audit, Customs Audit, Government Audits, Gst Compliance, Erp Systems

Industry

Staffing and Recruiting

Description

Role Overview • Ensures business processes, administration, and financial management. Maintains accounting system. Leads planning and forecasting activities with business partners to achieve business and company goals. Reviews financial reports. Job Purpose Responsible for managing Accounts Receivable operations including customer invoicing, revenue recognition, collections accounting, BG/LC documentation, reconciliations, and regulatory compliance. The role ensures accurate financial reporting, effective receivable management, and compliance with statutory and RBI requirements. Key Responsibilities 1. Accounts Receivable & Invoicing • Preparation and posting of customer invoices in ERP system in line with contractual terms. • Ensure proper revenue recognition and reconciliation with accounting records. • Posting and accounting of customer collections. • Monitoring customer outstanding balances and supporting collection follow-ups. • Preparation and circulation of periodic past due / ageing reports to business and project teams. 2. Reconciliation & Financial Reporting • Reconciliation of customer invoices and receivable balances with Trial Balance. • Maintenance and reconciliation of Sales Register and markup reconciliation. •Intercompany balance confirmations and reconciliation. •ICC reconciliation and timely updates. •Preparation and update of Blackline reconciliations and submission for approval. 3. Bank Guarantee (BG) & Letter of Credit (LC) Management •Handling BG and LC documentation and process with banks. •Coordination with banks and internal stakeholders for issuance, amendments, tracking, renewals and closure. •Maintaining BG / LC tracker and ensuring timely follow-up for expiry, amendments or closures. 4. Compliance & Audit Support •Support statutory audit, internal audit, tax audit, transfer pricing audit, customs audit and government audits. •Provide relevant schedules, reconciliations and documentation as required by auditors. •Preparation and submission of GST input data for monthly returns. 5. Regulatory Compliance •Handling IDPMS / EDPMS closures and coordination with banks for RBI compliance related to export transactions. Requirements Qualification •B.Com / M.Com / CA Inter / CMA Inter or equivalent finance qualification. Experience •4–7 years of relevant experience in Accounts Receivable, invoicing, BG/LC handling, and reconciliations. •Experience in manufacturing / project-based industry will be preferred. •Experience in ERP systems such as SAP or similar accounting systems. Key Skills & Competencies Technical Skills •Strong knowledge of Accounts Receivable and invoicing processes. •Experience in BG / LC documentation and bank coordination. •Understanding of GST compliance related to Invoicing , receivables and return. •Experience in reconciliation processes and financial reporting. •Familiarity with reconciliation tools such as Blackline or similar systems. Soft Skills •Strong communication and coordination skills with internal teams, banks and customers. •High attention to detail and accuracy in financial transactions and reconciliations. •Good analytical and problem-solving abilities. •Effective time management and ability to meet reporting deadlines. •Strong stakeholder management and cross-functional collaboration. •Process-oriented approach with adherence to internal controls and compliance requirements. •Ability to maintain confidentiality and demonstrate professional integrity. Key Deliverables •Accurate and timely invoicing and revenue recognition. •Effective monitoring and reconciliation of Accounts Receivable. •Proper management and tracking of BG / LC documentation. •Timely completion of reconciliations and audit requirements. •Compliance with statutory, tax and RBI reporting requirements. Benefits Industrial standards

Responsibilities

The role is responsible for managing all Accounts Receivable operations, including customer invoicing, revenue recognition, collections accounting, and handling Bank Guarantee/Letter of Credit documentation. Key duties involve ensuring accurate financial reporting, effective receivable management, and strict compliance with statutory and RBI requirements.