137+ Applicants
Posted: 1 week ago
5-8 years
Mumbai, Maharashtra
work from office
Posted: 1 week ago
|
Applicants: 137+
Job Description
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Job Description
- Prepare overdue ageing report and propose provision as well as write off of irrecoverable receivables.
- Performs other general accounting responsibilities such as management reports, auditor inquiries, budgets and other special projects as may be delegated by Finance Manager.
- Ensure Job coordinators have prepared complete checklist for each invoice submission at the time of contract award and ensure all documents are prepared, reviewed before Invoice is submitted to client and all necessary tax and other compliance documents are available.
- Ensure payment allocation is send and all deductions are reported and allocated correctly on time.
- Supervise share services team to ensure contract wise/invoice level WHT, GST deductions are coded correctly and accounted on time.
- Prepare monthly cash forecast target per month and following up on collection update by using get paid system and visiting customer to avoid delay in payment which is leading to decreasing DSO and reaching the target.
- Dealing with internal queries about payments, ensuring customers pay on time and negotiating re-payment plans.
- Running AR trade report aging on need basis and other Management reports as required.
- Regularly contacting/visiting customers to ensure invoices are paid on due date and proper payment allocation document received on time.
- Identify changes in payment patterns and propose action to avert indebtedness.
- Ensure that all transactions are compliant with Company policies and regulations.
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- Prepare revenue accrual and approve revenue accrual on time as per company requirements.
- Ensure all invoices are submitted within 15 days of revenue is accrued/due as per contract checklist.
- Accounting degree or equivalent At least 5-8 years of sales finance /AR accounting/Credit management in Multinational Enterprise.
- Oilfield Service industry experience is preferred. Fluent English skills required - both oral and written, Strong communication skills and the ability to clearly present information.
Skills
AccountingSalesGeneral AccountingProvisionTransactionsFinance ManagerFinanceCashIf an employer asks you to pay any kind of fee, please notify us immediately. Jobaaj does not charge any fee from the applicants and we do not allow other companies also to do so.
About Company
Weatherford is a leading provider of engineered equipment and services for the oil and gas industry.
Important dates & deadlines?
Application Deadline
14 Aug 26, 01:14 PM IST
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