Account Executive

Prakash Pharmacare (India) Private Limited is Hiring!

Hiring: Accounts Executive Credit Control & Collections

We are looking for an Accounts Executive to manage receivables, credit control, cheque/PDC tracking, and payment follow-ups for our distributor network. The role plays a key part in ensuring timely collections and smooth cashflow while coordinating closely with the sales team.

Location: Chembur, Mumbai

Company: Prakash Pharmacare (India) Private Limited

Experience: 25 years (Accounts / Credit Control (Pharma, FMCG or Distribution preferred)

Role Overview

The Accounts Executive will be responsible for end-to-end payment tracking, credit control, cheque management, and invoice clearance for over 500+ distributors across Maharashtra. This role ensures smooth cashflow by acting as the central control point between salesmen, distributors, and the billing team.

Key Responsibilities

1. Payment & Cheque Management

• Receive cheques collected by salesmen on a daily basis
• Record cheque details (date, amount, distributor name, bank)
• Update PDC register and daily cheque deposit sheet
• Ensure timely bank deposits of all cheques
• Track bounced cheques and coordinate re-submission

2. Credit Control & Order Approval

• Monitor Distributor-wise outstanding, ageing and credit limits on daily basis
• Check credit period (as defined) and credit limits before approving orders
• Place distributors on Hold when ageing exceeds limits
• Release orders only after verifying clearance of overdue bills
• Maintain Red/Yellow/Green credit status list for Distributors

3. Distributor Ledger Management

• Maintain accurate ledgers for all accounts
• Match invoices, receipts, debit/credit notes
• Reconcile monthly statements with distributors
• Share outstanding summaries monthly and when requested

4. Coordination With Sales Team

• Communicate overdue accounts and blocked parties to salesmen
• Share daily ageing sheet and pending payment list
• Update sales team on PDC bounce, delayed payments, or discrepancies

5. Payment Follow-up

• Call distributors for overdue payments
• Send WhatsApp/SMS reminders for upcoming PDC due dates
• Track promised dates and ensure timely collection

6. Reporting & MIS

• Maintain daily payment received report
• Update ageing analysis, payment tracker, cheques-in-hand register
• Submit weekly cashflow forecast to management
• Highlight high-risk accounts & chronic overdue distributors

Required Skills

• Strong understanding of credit control and accounts receivable
• Working knowledge of Medica/Tally/Marg/Any other ERP
• Proficiency in Excel
• Ability to handle large distributor base with accuracy
• Strong follow-up & communication skills (WhatsApp + phone calls)
• Discipline, attention to detail & high accountability
• Comfortable working with a sales-driven, fast-paced environment

Preferred Background

• B. Com/M. Com/Finance background preferred
• Experience with super-stockist / C&F / FMCG/Pharma distribution
• Familiarity with PDC handling, bounced cheque management, and ageing
• Experience dealing with sales teams and distributors

Salary Range

• Depending upon experience and in the range with industry standards
• Performance incentive linked to reduction in overdue ageing and accuracy of entries

Why Join Prakash Pharmacare?

• Established Pharmaceutical Super-Stockist with a portfolio of 100+ companies and having distribution coverage spanning Maharashtra, Gujarat, Goa and PAN India.
• Growth-focused environment with strong operational systems
• Opportunity to build core financial discipline and learn credit control
• Long-term, stable career with expanding business operations

How to Apply?

To apply, send your resume to