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Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

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23 Wakefit Jobs

Finance Executive

2-7 years

₹ 5.45 - 6.99L/yr (AmbitionBox estimate)

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This is an estimate of the average salary range for this position. It has not been reviewed by the company, and the actual salary may differ.

Bangalore / Bengaluru

1 vacancy

Finance Executive

Wakefit

posted 15hr ago

Job Role Insights

Flexible timing

Job Description

As an Executive in the Accounts Receivable department, your primary responsibility will be to manage and oversee the timely collection of payments from customers, ensuring that the company's outstanding invoices are processed and settled efficiently. You will work closely with the Accounts Receivable team and report to the Finance Manager.

Key Responsibilities:

  • Prepare and report Daily cash /online transactions reconciliation.
  • Follow up and highlight any discrepancies w.r.t to reconciliation to relevant stakeholders.
  • Coordinate with channel partners, banks and internal stakeholders to resolve issues on a timely manner.
  • Prepare reconciliation of collection made from 3PLs with Bank statements.
  • Monitor and record customer payments received through various channels, such as electronic transfers, and credit card payments. Reconcile payments with the corresponding invoices and update the accounting system accordingly.
  • Regularly review the accounts receivable aging report to identify overdue accounts and take appropriate actions to expedite payments. Prioritize collection efforts based on the aging of outstanding invoices.
  • Assist with month-end closure activities as required.
  • Identify opportunities to streamline and improve processes and automate everywhere required.
  • Ensure compliance with company policies and procedures, as well as relevant accounting standards and regulations, during the entire accounts receivable process
Requirements:

  • 2-4 years of experience in accounts receivable, reconciliation, or financial operations.
  • Strong knowledge of accounting principles and procedures.
  • Detail-oriented with the ability to analyse data.
  • Strong organizational and time management skills to prioritize collection efforts effectively.
  • Proficiency in MS Excel (VLOOKUP, Pivot Tables, etc.).
  • Bachelors degree in finance, Accounting, or a related field is preferred.
  • Working knowledge in SAP

Employment Type: Full Time, Permanent

Read full job description

Prepare for Finance Executive roles with real interview advice

Top Wakefit Finance Executive Interview Questions

Q1. If company have all the resources and work is still not being done, what will be your action plan or how will you get the work done on floor ... read more
Q2. What is this 5s and tpm
Q3. What is this kaizen and suggestion
View all 27 questions

What people at Wakefit are saying

4.0
 Rating based on 4 Finance Executive reviews

Likes

I like the most in Wakefit, it is about the leadership. They have very good leader that give more and more opportunities to learn and develop skills.

  • Salary - Good
  • +6 more
Dislikes

Nothing Priti much

Read 4 Finance Executive reviews

Finance Executive salary at Wakefit

reported by 19 employees with 1-8 years exp.
₹4.2 L/yr - ₹7 L/yr
44% more than the average Finance Executive Salary in India
View more details

What Wakefit employees are saying about work life

based on 570 employees
65%
43%
55%
99%
Flexible timing
Monday to Saturday
No travel
Day Shift
View more insights

Wakefit Benefits

Submitted by Company
Cafeteria
Work From Home
Team Outings
Education Assistance
Health Insurance
Job Training
Submitted by Employees
Health Insurance
Work From Home
Job Training
Cafeteria
Team Outings
Free Transport +6 more
View more benefits

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Wakefit Bangalore / Bengaluru Office Locations

View all
Bengaluru/Bangalore, Karnataka Office
Headquarter
Umiya Emporium Bengaluru/Bangalore, Karnataka
560030
Bengaluru/Bangalore, Karnataka Office
Bengalurr Bengaluru/Bangalore, Karnataka
560029

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