Accounts Executive - Payables & Receivables (Hospital Industry)

An Accounts Executive for Payables & Receivables manages all incoming (AR) and outgoing (AP) funds, handling invoice processing, vendor payments, customer collections, account reconciliations, financial record-keeping, and reporting to ensure smooth cash flow, accuracy, and compliance, bridging the gap between operations and finance for fiscal health. Key ResponsibilitiesAccounts Payable (AP) - Managing Money Out

• Invoice Processing: Receive, verify (match with POs/receipts), and record vendor invoices.
• Payments: Schedule, process, and disburse timely payments to vendors, obtaining approvals.
• Reconciliation: Reconcile vendor statements and AP sub-ledgers with the general ledger.
• Vendor Management: Address vendor inquiries, resolve discrepancies, and maintain good relationships.
• Compliance: Ensure payments adhere to company policies and regulations.

Accounts Receivable (AR) - Managing Money In

• Invoicing: Prepare and send accurate customer invoices.
• Collections: Monitor overdue accounts, send reminders, and follow up on delinquent payments.
• Cash Application: Process and record customer payments (receipts).
• Credit Management: Verify transaction info for new customers and manage credit limits.
• Reporting: Track AR aging and report on collection status.

General & Reporting

• Data Entry: Accurately post all financial transactions (debits/credits).
• Reconciliation: Reconcile bank statements and various financial accounts.
• Reporting: Prepare financial reports (e.g., cash flow, aging reports).
• Month/Year-End: Assist with closing procedures.
• Discrepancy Resolution: Investigate and resolve any payment or billing issues.
• System Management: Maintain accurate financial records and update accounting software.

Job Types: Full-time, Permanent

Pay: ₹20,000.00 - ₹25,000.00 per month

Benefits:

• Provident Fund

Work Location: In person