Accounts Receivable

Job Title: Accounts Receivable Officer
Department: Finance & Accounts
Location: Mumbai
Reporting To: Finance Manager

Role Overview

The Accounts Receivable Executive will be responsible for managing customer billing, credit control, collections, and reconciliation of receivables. The role ensures timely realization of revenue, accurate recording of guest and corporate accounts, and compliance with company policies to maintain a healthy cash flow for the hospitality business.

Key Responsibilities

• Generate and issue invoices for guests, corporate clients, banquets, and events in line with company policies.
• Track outstanding receivables, monitor aging reports, and follow up on overdue payments.
• Verify daily sales and revenue postings from outlets, restaurants, bars, and rooms.
• Reconcile guest ledgers, city ledgers, and advance deposits.
• Coordinate with Front Office, Sales, Banquets, and F&B teams to resolve billing discrepancies.
• Post payments received via cash, bank transfers, credit cards, and cheques accurately.
• Maintain proper documentation for credit approvals and agreements with corporate clients.
• Monitor credit limits and ensure compliance with company credit policies.
• Assist in monthly closing by preparing AR schedules, reconciliations, and reporting variances.
• Support statutory compliance related to GST, TDS, and other applicable taxes on receivables.
• Assist in audits by providing necessary supporting documents.

Requirements

• Bachelor’s degree in Commerce / Finance / Accounting or equivalent.
• 2–4 years of experience in Accounts Receivable, preferably in the Hospitality / F&B / Retail industry.
• Strong understanding of AR processes, credit management, and revenue cycle.
• Hands-on experience with ERP systems / hospitality software (SAP, Oracle, IDS, Tally, or similar).
• Proficiency in MS Excel and other office tools.
• High attention to detail, accuracy, and problem-solving abilities.
• Strong interpersonal and communication skills to deal with clients and internal teams.

Job Type: Full-time

Pay: ₹12,037.39 - ₹350,000.44 per month

Work Location: In person