Finance Executive

Job Description Structure-

Naming convention for each job description file- Executive - Accounts Receivables

8. Role Summary / Job Purpose

• The Accounts Receivable (AR) Senior Executive is responsible for ensuring timely collection of outstanding customer invoices, maintaining accurate financial records, and supporting overall cash‑flow management. This role requires strong analytical ability, customer communication skills, and a solid understanding of billing, collections, and reconciliation processes. The AR Senior Executive works closely with internal teams such as Billing, Sales, Operations, and Finance to resolve disputes, reduce overdue receivables, and maintain healthy aging reports. They also support process improvement initiatives, strengthen internal controls, and ensure compliance with company policies.

9. Key Responsibilities

AR Process Management:

• Oversee the entire AR cycle (invoicing, collections, overdue).
• Ensure timely and accurate billing.
• Resolve invoice discrepancies and payment issues.
• Implement effective collection strategies.
• Maintain accurate records and documentation

Financial Reporting & Analysis:

• Conduct bank reconciliations and ensure timely closure.
• Monthly billing report.
• Monthly projections vs collections.

Customer Relationship Management:

• Build and maintain strong customer relationships.
• Address customer concerns and resolve issues promptly.
• Ensure high levels of customer satisfaction.

Compliance & Risk Management:

• Ensure compliance with financial regulations and taxes.
• Identify and mitigate risks associated with AR activities.

System Utilization:

• Effectively utilize AR systems (SAP, ZOHO, Xero) to improve efficiency.

Monthly Closing & Reconciliations:

• Ensure accurate and timely monthly closing and reconciliations.

10. Required Skills

• Proficiency in Microsoft Office Suite, especially Excel
• Experience with Accounting Software (XERO, Zoho, SAP)
• Clear accounting skills and concepts
• Effective Communication
• Accuracy and Precision
• Experience in Accounts receivable role.
• Experienced in the IT industry.
• Ability for Decision Making and Quick Issue Resolution.

11. Tools / Systems / Technical Knowledge

• Experience with Accounting Software (XERO, Zoho, SAP)
• Proficiency in Microsoft Office Suite, especially Excel

12. Decision-Making Authority

• Should be capable to take independently decisions.

13. Problem-Solving Complexity

• Able to handle complex tasks
• Should be innovative

14. Stakeholder Management / Influence

• Coordination with internal team (Sales Team/Delivery Team)
• Client facing role
• Cross-functional, leadership skill is required

15. Education & Certification Requirements

• Bachelor’s degree in commerce

16. Experience Requirements

• 2 years of experience in AR- Billing

• Experience in service-based or project-driven industries preferred.