Job Description:
The AR Finance Admin is responsible for all day-to-day activities that are concerned with the receipt and invoicing of client payments. He is tasked with the review and approval of applications on ERP portal to proceed with any service to ensure payments are received and no dues are pending on the application.
As he is the first level of approval for any service, the admin needs to ensure that the payment & requested services are matching as per the price list & approved terms & conditions. The Finance Admin holds a position of high responsibility.
Job Responsibilities:
- Ensure timely receipt and recording of client payments across various mediums (online, bank, and cash payments) and create tax invoices in the Zoho Books module under the respective company setups as per the approved chart of accounts.
- Conduct timely review and approval of ERP applications made for services, verifying and matching them against the payments that have been invoiced.
- Collaborate with the AR Team Leader to ensure monthly invoices are amended as needed during internal invoice audits, maintaining accuracy and standardized practices in invoicing.
- Follow up on payments that are on hold or unidentifiable transactions, recording them appropriately in Zoho Books to ensure the completeness of records.
- Assist sales and renewal teams with generating estimates and providing clarifications on previous packages as required.
- Update daily performance trackers and dashboards with the total number of new setups, renewals, and respective revenue and gross profits.
- Perform daily reconciliation of online payments, bank, and cash accounts with Zoho Books records.
- Send weekly emails of invoices to clients via Zoho Books.
- Communicate with banks and other entities as required.
- Provide timely responses to emails and queries from clients and other departments, escalating disputed matters to the team leader or management as appropriate.
Educational Qualifications:
- Bachelor’s degree or equivalent.
- Diploma in Microsoft Office with advanced Excel skills.
Years Of Experience:
2+ years in accounts receivable & familiarity with accounting systems such as ERP/Zoho
Language Skills:
English
Soft Skills:
- Attention to Detail: Meticulousness in handling financial data, invoices, and transactions to ensure accuracy and minimize errors in accounts receivable processes.
- Time Management: Efficient allocation of time and resources to prioritize tasks, meet deadlines, and manage workloads effectively in a fast-paced environment.
- Problem-Solving: Ability to identify discrepancies, analyze root causes, and propose solutions to resolve system issues.