Accounts Executive Job in Mumbai at Asian Paints

Asian Paints is hiring for the role of Accounts Executive!

Responsibilities of the Candidate:

• Debtors
• Preparation of debtors and analytical review of the same at business area level.
• Identifying key risk parameters for potential identification of customer defaults and 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.
• 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.
• 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.