MIS Executive - Accounts Receivable

The MIS Executive in Accounts Receivable is responsible for managing and analyzing accounts receivable process. This crucial role in monitoring and optimizing cash flow, maintaining accurate records, and providing insights to support decision-making within the accounts receivable department. This role requires a strong understanding of accounting principles, attention to detail, and proficiency in data analysis.ResponsibilitiesData Management and Reporting:

• Collect, organize, and maintain accurate and up-to-date accounts receivable data.
• Prepare regular reports on accounts receivable aging, collections, and outstanding balances.
• Identify and investigate discrepancies or issues in accounts receivable records.
• Generate ad-hoc reports and analysis as required by the management team.

Cash Flow Monitoring And Analysis

• Monitor and analyze cash flow related to accounts receivable.
• Track and report on cash collections, payment patterns, and aging of receivables.
• Identify and address potential cash flow issues and delays in customer payments.
• Provide insights and recommendations for improving cash flow management.

Customer Account Management

• Maintain accurate customer account information, including contact details, credit limits, and payment terms.
• Review customer accounts and reconcile any discrepancies or outstanding balances.
• Coordinate with internal teams and customers to resolve billing or payment issues.
• Ensure timely and accurate invoicing and statements to customers.

Process Improvement

• Identify opportunities for process improvement within the accounts receivable function.
• Implement and streamline processes to enhance efficiency, accuracy, and timeliness of collections.
• Collaborate with cross-functional teams, such as Sales and Customer Service, to improve overall accounts receivable processes.

Compliance And Audit

• Ensure compliance with internal policies and procedures related to accounts receivable.
• Assist in internal and external audits, providing necessary documentation and resolving any audit queries.
• Adhere to relevant accounting standards and guidelines.

Requirements

• Bachelors degree in Finance, Accounting, Business Administration, or a related field.
• Strong knowledge of accounting principles, specifically related to accounts receivable.
• Proficiency in data analysis, reporting, and financial software.
• Advanced skills in MS Excel, including pivot tables and data manipulation.
• Familiarity with accounting software and ERP systems.
• Excellent attention to detail and accuracy in data management.
• Strong analytical and problem-solving abilities.
• Effective communication and interpersonal skills.
• Ability to work independently and meet deadlines.

This job was posted by Avisha Anand from Lifesight.