Accounts Executive - Thane - Fixed Term Employment - 6 months Internship

Job description

Role: Accounts Executive

Role Type: Internship/ Fixed term employment for 6 months

Freshers from commerce/ finance background are encouraged to apply

The Executive will be responsible for ensuring timely and accurate updates of branch collections, follow-up on UPI payments, and reducing outstanding receivables through proactive ageing analysis and reconciliation.

The incumbent will report to the General Manager. The incumbent will have to work as part of a multi-functional team, and this involves collaboration with the internal team and external stakeholders.

Job Responsibilities:

Update branch collection files every 2 to 3 days for timely settlement and reporting.

Coordinate with Pan-India customers and branches to collect payment advice for correct allocation and avoid mispostings.

Track and follow up on UPI payments weekly through emails and calls to ensure month-end settlement.

Extract ageing reports before month-end closing to check pending set-offs.

Coordinate with branches to collect invoice details for payments kept on account in the customer ledger.

Ensure accurate and up-to-date receivable records across all customer accounts.

Highlight discrepancies and follow up with relevant teams for resolution.

Key Result Areas:

Timely Update of Collection Files

Correct Payment Posting

UPI Payment Reconciliation

Ageing Review and Set-Off Completion

On-Account Payment Resolution

Reconciliation Accuracy

Competencies (Skills essential to the role):

Strong attention to detail

Effective written and verbal communication

Time management and the ability to meet deadlines

Problem-solving

Educational Qualification / Other Requirement:

Bachelors degree in Commerce, Finance, or related field

Working knowledge of customer ledgers, payment allocations, and reconciliation

Experience handling UPI and digital payments is preferred

Proficiency in MS-Excel and Financial Software