The Collection & Ledger Executive is responsible for managing customer accounts, ensuring timely payment collection, maintaining accurate ledgers, and reconciling customer balances. The role involves regular follow-up with clients and coordination with the internal accounts team to keep financial records updated and accurate.
Follow up with customers to ensure timely collection of outstanding payments
Maintain and update customer ledgers and outstanding balances
Prepare daily, weekly, and monthly collection reports
Verify invoices and payment receipts for accuracy
Identify and resolve discrepancies in account balances
Perform account reconciliations with clients and internal teams
Communicate with clients via email and phone regarding pending payments
Send payment reminders and maintain records of communication
Update collection entries in accounting software (Tally / ERP / Excel)
Strong knowledge of accounting principles
Proficiency in Tally, ERP systems, and MS Excel
Excellent communication and follow-up skills
High attention to detail and accuracy
Good organizational and time management skills
Ability to handle multiple client accounts efficiently