Accounts Executive

Senior Executive – Accounts

Department: Accounts & Finance
Location: Rabale, Navi Mumbai
Experience: 5–8 Years
Qualification: B.Com / MBA (Finance)
Employment Type: Permanent

Job Purpose

We are looking for a detail-oriented and experienced Senior Executive – Accounts to manage day-to-day banking transactions, accounts receivable, customer collections, reconciliations and accounting activities. The position will be responsible for ensuring accurate and timely accounting, effective follow-up of outstanding receivables, smooth bank operations and timely preparation of financial and MIS reports.

Key Responsibilities

Banking & Payment Operations

• Process daily bank payments through NEFT, RTGS, IMPS, UPI and Cheques.

• Prepare and maintain Bank Reconciliation Statements (BRS).

• Monitor daily bank balances and ensure effective fund utilization.

• Coordinate with banks for payment processing, account maintenance and banking-related issues.

• Verify and post bank receipts and payment entries in the ERP/accounting system.

• Maintain documentation related to bank sanctions, renewals and other banking requirements.

Accounts Receivable & Customer Recovery

• Follow up with customers for timely collection of outstanding payments.

• Monitor customer ageing reports and identify overdue receivables.

• Reconcile customer accounts and resolve payment-related discrepancies.

• Coordinate with Sales Team and customers regarding payment commitments and outstanding issues.

• Maintain collection records and prepare regular recovery status reports.

• Escalate long-pending and critical outstanding cases to management.

Accounting & Finance

• Record and verify accounting transactions accurately in the ERP/accounting system.

• Prepare and maintain customer and bank reconciliations.

• Maintain accurate Debtors and Creditors Ledgers.

• Support month-end and year-end closing activities.

• Assist in audit requirements, documentation and statutory compliance activities.

• Prepare MIS reports related to collections, banking transactions and cash flow.

Educational Qualification

• B.Com / MBA – Finance

• Additional professional accounting qualifications will be an advantage.

Experience Required

5–8 years of relevant experience in Accounts & Finance with hands-on experience in:

• Bank transactions and payment processing

• Accounts Receivable

• Customer collections and recovery

• Bank and customer reconciliations

• ERP/accounting software

Experience with SAP, Tally Prime, Oracle, Microsoft Dynamics or similar ERP systems will be preferred.

Technical Skills

• Good knowledge of banking operations and payment processes.

• Strong understanding of Accounts Receivable and customer recovery.

• Working knowledge of GST, TDS and basic accounting principles.

• Good command of MS Excel, including VLOOKUP, Pivot Tables, basic formulas and data analysis.

• Working knowledge of ERP/accounting software.

• Ability to prepare and interpret ageing, collection, reconciliation and MIS reports.

Key Competencies

• Strong analytical and problem-solving skills.

• Excellent communication and follow-up skills.

• Good negotiation and customer coordination abilities.

• High level of accuracy and attention to detail.

• Strong ownership and accountability.

• Ability to manage multiple priorities and meet deadlines.

• High level of integrity and confidentiality while handling financial information.

Key Performance Areas (KPIs)

• Timely and accurate processing of bank transactions.

• Accuracy and timely completion of BRS and customer reconciliations.

• Reduction in overdue customer receivables.

• Timely follow-up and achievement of collection targets.

• Accuracy of accounting entries and ledgers.

• Timely submission of MIS and collection reports.

• Compliance with internal processes and statutory requirements.

• Effective coordination with banks, customers and internal departments.

• It is a Full Time Accountant job for candidates with 5 - 6+ years Experience.