Accountant

Idds; Delhi Cantonment; On-site; INR 600,000 - 900,000; Full time

Job summary

Idds in Delhi is seeking an experienced Accounts & Finance Executive to manage day-to-day banking facilities, stock statements, and credit documentation.

You will drive timely collections, maintain AR ageing, negotiate with clients, and prepare cash flow projections for senior management.

Ideal candidate has 3–5 years of corporate finance experience, proficiency in Tally/SAP/ERP, and advanced MS Excel skills.

Qualifications

• Education: B.Com / M.Com / MBA (Finance).
• 3-5 years of corporate accounts or finance experience.
• Proficient in Tally, SAP or ERP and advanced MS Excel.

Responsibilities

• Prepare, reconcile, and submit stock statements and ageing reports to banks.
• Renew and document bank limits (CC/OD/LC/Bank Guarantees).
• Coordinate with bank RMs and auditors for audits and compliance checks.
• Track banking covenants and interest/payments.

Skills

Tally

SAP

ERP software

MS Excel

Communication

Education

B.Com / M.Com / MBA (Finance)

Tools

ERP software

Job description

Job Description

We are seeking an experienced and detail-oriented Accounts & Finance Executive to manage our day-to-day banking facilities and payment collection operations. The ideal candidate will have hands-on expertise in managing bank limits, preparing monthly stock statements, handling documentation for credit facilities, and driving timely collections to maintain healthy cash flow.

Key Responsibilities

Bank Limits & Working Capital Management

• Prepare, reconcile, and submit monthly/quarterly Stock Statements, Debtors Statements, and Ageing Reports to banks.
• Compile, verify, and maintain all necessary documentation required for the renewal, enhancement, and sanctioning of bank limits (CC/OD/Letter of Credit/Bank Guarantees).
• Coordinate with bank relationship managers (RMs) and auditors for regular audits, stock inspections, and compliance checks.
• Track and ensure timely compliance with all banking covenants and interest/charge payments.

Payment Collections & Accounts Receivable

• Drive proactive follow-ups with clients and customers to ensure timely collection of outstanding payments.
• Maintain and analyze the Accounts Receivable ageing schedule to identify and resolve overdue accounts.
• Coordinate with internal sales and billing teams to resolve invoice discrepancies and expedite payment releases.
• Prepare regular ledger reconciliations and cash flow projection statements for senior management.

Required Candidate Profile

• Education: Bachelors degree in Commerce (B.Com) / M.Com / MBA (Finance).
• Experience: Minimum 3-5 years of relevant hands-on experience in corporate accounts or finance roles.
• Technical Skills: Proficiency in Tally, SAP, or ERP software, along with advanced MS Excel skills (VLOOKUP, Pivot Tables).
• Key Competencies: Strong understanding of working capital facilities, excellent communication skills for client follow-ups, and meticulous attention to detail.