Finance Executive

Job Title: Finance Executive (Accounts Receivable and Accounts Payable)

Key Responsibilities:

• Manage accounts receivable operations, ensuring accurate invoicing, timely collections, and effective resolution of discrepancies.
• Send statements of account and schedule dunning runs to support timely customer payments.
• Process and apply multiple payment types, including bank transfers, checks, and other electronic receipts, in accordance with established procedures.
• Reconcile customer payments with bank settlement reports, investigating and resolving unapplied, shortpaid, or misapplied transactions.
• Collaborate with internal teams to resolve payment discrepancies and improve endtoend receivables processing efficiency.
• Oversee accounts payable operations, including invoice processing, invoice verification, timely vendor payments, and maintenance of accurate and complete AP records within the ERP system.
• Perform invoice verification by validating vendor invoices against purchase orders and receiving documentation to ensure accuracy, completeness, and proper authorization prior to posting.
• Review invoices for correct pricing, quantities, tax treatment, payment terms, and accounting codes, ensuring compliance with company policies and accounting standards.
• Manage vendor payment cycles, ensuring payments are processed accurately and on time in line with agreed terms.
• Collaborate with internal teams to resolve financial discrepancies and streamline finance processes.
• Prepare and maintain financial reports related to accounts receivable and accounts payable.
• Assist in monthend and yearend closing activities, ensuring accurate and timely financial reporting.
• Ensure compliance with company policies, internal controls, and accounting standards.
• Communicate effectively with vendors, clients, and internal departments to address issues professionally.

Qualifications:

• Bachelors degree in finance, Accounting
• Minimum 2-4 years of proven experience in accounts receivable and accounts payable functions.

Preferred Skills:

• Experience with ERP systems and flexibility to work on any customer specific ERP software.
• Diligence and accuracy in financial data management.
• Excellent communication skills, both verbal and written.
• Ability to work independently and as part of a team in a fast-paced environment.
• Proficient in Microsoft Excel and accounting software.
• Strong problem-solving skills and ability to prioritize tasks efficiently.