Circle Finance - Accounts Receivable

1. Reconciliation with customers on Monthly basis

• Coordinate with customers for SOA & for reconciliation sign off on monthly basis.
• Coordinate with corporate for SOA of Non-JV customers where not available at circle level.
• Follow up with customers & S&C team for closure of old pending open items.
• Ensure all the items are correctly appearing in Reconciliation.
  Ensure that all open items appearing in >90 days bucket is reduced/ explained.

2. Dispute Resolution

• Analyze the reasons of new disputes & reporting the same to corporate & CFH.
• Coordinate with customers & S&C team for closure of disputes.
• Meeting with customers along with S&C & RA team for dispute resolution. Validation of dispute working after checking with prior credit notes.
• Checking & issuance of SLA credit notes to customers.

3. Monthly Revenue Accounting

• Ensure 100% accurate accounting of all sales invoices/ credit memos.
• Ensure correct accounting of collection & TDS in books on timely manner.
• Ensure all receipts & credit memos are applied where details are available or where detail is not available follow-up with customers & S&C team.

4. Overdues as a % to total outstanding debtors

• Coordinate and follow up with customers & S&C team for overdue payments.
• Share monthly SOA with customers & S&C team, preparation of action plan for accounting of old invoices & collection of money against same with support of S&C team.
• Application of Receipts & Credit memos against respective invoices to have correct listing of outstanding invoices.

5. Monthly closing & Schedules

• Prepare & analyze weekly/ monthly dispute pack & send same to corporate for further analysis.
• Timely validation of invoice and collection entries in books.
• Preparation of Schedules & reports required by corporate : Monthly AR Pack, DB bucket & Ageing, Unaccounted invoices ageing, SD Received Schedule & Reco etc.
• Providing various Schedules pertaining to AR function required by FR Spoc.

6. Raising of circle level invoices/ debit notes

• Raising of DN at circle level towards Interest on delayed payment to Non-JV customers.
• Raising of DN at circle level towards Signage board and one time tower fees.
• Raise invoices for anything else which is not technically feasible through Billing system.

7. Internal audit score for AR

• To ensure there is no high risk point & medium risk point in AR function audit conducted at circle level.

Minimum Educational Qualifications to perform this job

• ICWA / CA with 3 years of experience.
• MBA in Finance with 7 years of experience.

Knowledge Required

• Knowledge of Revenue accounting processes.
• Knowledge of MSA & Telecom products.
• Customer Reconciliations.

Skills / Competencies

• Should take initiative in developing processes.
• Should be persuasive and taker of end to end responsibilities.
• Should be a minute observer and a person who can read between the lines.
• Should be able to cope up with pressures.
• In-depth Analyzer.
• Good in cross-functional communication.

Relevant Experience (Functions, roles, duration)

• Telecom experience is preferable.
• 3 to 4 years of experience in Payable/ Receivables functions.
• Experience of handling voluminous data.