A billing executive manages accounts receivable and payable, creates and sends accurate invoices, and resolves payment issues. Key responsibilities include generating bills, tracking payments, and updating financial databases.
Key Responsibilities
Invoice Generation: Prepare and issue accurate bills or invoices for clients, customers, or patients.
Payment Processing: Receive, sort, and post incoming payments (cash, cheques, digital transfers) to the correct accounts.
Dispute Resolution: Handle billing queries, fix entry errors, and resolve customer or insurance discrepancies.
Record Keeping: Update the accounts receivable ledger, track outstanding debts, and send payment reminders for overdue balances.
Reporting: Prepare daily, weekly, or monthly financial logs and collection status reports for management.
Job Requirements
Education: Bachelor’s degree in Commerce, Finance, Accounting, or a related field (e.g., B.Com, BBA).
Experience: 1 to 3 years of proven experience in a billing or general accounting role.
Software Skills: Strong proficiency in MS Excel and accounting software like Tally, ERP, or specialized billing tools.
Skills: High attention to detail, strong math skills, and good verbal and written communication.
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