Job Description

Handling Customer Accounting and Group Company transaction related activities.

1. Recovery from Group Companies
- Ensuring timely and accurate recovery of various expenses from Joint Ventures and Subsidiaries
- Monitoring Related party transactions and ensuring that they are within the overall limits as approved by the Board
- Ensure that collections are received on timely basis by sending timely information of due invoices to related parties.
- Reporting approval vs actuals on a monthly basis
- Intercompany reconciliation
- Work with IT in building the IT controls for complying with the provisions of Companies Act / Listing Agreement w.r.t. RPT:

2. Debtors
- Preparation of debtors and analytical review of the same at business area level
-Identifying key risk parameters for potential identification of customer defaultsand highlighting it to sales team.
-Preparation of provision for doubtful debts working as per provision policy and reasoning of the same from respective regional managers
- Interaction with Legal team and sales team for identification of customers and initiating legal recovery process based on potential default analysis

 3. Bank reconciliation activities
-Understanding of system around collections posting & cheques posting and preparation of reco for open line items for timely closure by interaction with stakeholders
-Understanding of systems around payment postings and Preparation of payment reco on timely basis and communicating it to stakeholders for timely closure

 4. Other Customer Accounting Related
- Closure of all Documents not released to accounts cases
- Debtors Revaluation
- Blocking / Unblocking of Customer accounts
- Invoice Cancellation and preparation of MIS
- Monthly circulation of Debtor balance confirmation and reconciliation of differences as part of ICFR
- Audit related queries
- Other general customer accounting related activities -non DBC customers

Roles & Responsibilities

as above

Your Skills and experience

Your Experience and qualifications

B.Com / CA Inter (1-3 years)

Good conceptual clarity on accounting logics
Good communication skills
MS-Office usage skills
Should be a team player and should have a positive attitude towards the company and towards work
Managing effective relationships

Company Details

About Company

Asian Paints

How to Apply

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