Accounts Executive

Job Summary

Assisting the finance management in various tasks including but not limited to
transactional and operations duties.

Roles & Responsibilities

• Addition/Deletion and Maintain Fixed assets


• Advising on Accruals for certain expense heads


• Agreeing on firm dates with salesman on recovery and follow up on the same after review for collection


• Check and approve employees expenses


• Credit notes posting


• Customer visit and relationship building with Customer Finance department


• Dealing problematic customer receivable cases


• Department wise cost center OH reporting


• Employee Receivables


• Follow up the collections of overdue invoices.


• Forecast Bank remittances and Cash Flow


• GL and cost center wise review and reconciliation


• HHT RV Processing & manual RV posting and allocation


• Import expenses hit through various sources to AP, run SLA, verify the transaction and post to GL


• Initiate, review and accept intercompany transactions


• Intercompany Credit management and payment


• Invoice booking


• Legal case handling for customers


• Maintaining relationship with government departments and Police


• Maintaining TMI/CMI data & Charge to BU


• Manual RV's for Key Account customers to be entered on a daily basis


• Month end closing entries and processes for AP/GL/FA


• Month-end Accruals and ad-hoc reporting


• Monthly MIS and related Annexure and Schedule


• AR clean up during the review in ERP


• Other legal work - Municipality permissions etc.


• Passing Journal Vouchers at month-end


• Preparation of BS Schedules


• Receipt Allocation & Reconciliation


• Receivable Review


• Respond to Ad-hoc data requirements/clarifications


• Responsible for payments tracking and AR hygiene for the customers


• Responsible for payments tracking and AR hygiene for the customers


• Sales Review

KPIs

• Accrual Accuracy


• Accuracy of Ad-hoc reporting


• Ad-hoc Reporting accuracy


• AR Hygiene


• Cash Flow Estimation Accuracy


• Closure of legal cases within agreed timeline


• Cost Savings Initiatives - Positive Impact on bottom-line


• Cost-center accounting accuracy


• Customer reconciliation efficiency


• Cut-off Accuracy - Month-end and year-end


• Overdue % • Process Efficiency


• Recoveries from legal cases


• Sales Value


• Strength of Internal Controls


• Timely case filing and tracking


• Timely charging to inter-company for TMI


• Timely closure of month books of accounts


• Timely Financial Reporting to Management


• Value of Vendor over-dues not paid off within due dates


• Vendor Reconciliations - % Vendor Coverage


• Volume/Accuracy of invoices processed


• Support to sales team for collections


• Testing and validating IT related issues and developments


• TMI charging to Intercompany


• Unblocking of Sales Order basis


• Vendor Balance reconciliations


• Vendor Credit management and payment


• Working Capital reports

Work experience requirement

‎5 years + in FMCG financial function

Qualification

• ICWA, B. Com, MBA/MCOM


• ACCA, CPA

Competencies

Accounting Standards and Practices
Financial Compliance
Budgeting
Financial planning and Analysis
Documentation and Reporting
Communicating effectively
Self and Team Management
Planning & Decision Making
Customer Centricity
Ownership & Result Orientation
Business Unit: S&D(UAE) (‎374)
Business Group: S&D