Accounts Receivable Executive

TeamLease; Mumbai; On-site; INR 600,000 - 900,000; Full time

Job summary

TeamLease is seeking an Accounts Receivable professional to manage end-to-end AR and revenue accounting, bank reconciliations, and month-end close. The role requires accurate recording of revenue, receivables, and related entries, ensuring compliance with policies.

Key duties include revenue recognition, related party reconciliation, AR ageing, and collaboration with stakeholders. Strong Excel and Oracle EBS skills are essential for timely reporting and audit readiness.

Qualifications

• Strong knowledge of Accounts Receivable and Revenue Accounting.
• Experience in bank reconciliations and month-end processes.
• Proficient in Excel and ERP systems (Oracle EBS).
• Ability to support audits and maintain accuracy under deadlines.

Responsibilities

• Perform bank reconciliations and post accounting entries.
• Record and account for sales invoices with appropriate tax treatment.
• Apply revenue recognition per Ind AS and policies.
• Post salary-related journal entries and track employee costs.
• Reconcile related party balances and resolve differences.
• Maintain AR balances and ageing; investigate long-outstanding items.
• Support month-end and year-end closes with reconciliations.
• Account for investment transactions as applicable.
• Record other income and ensure correct period recognition.
• Provide schedules and docs for statutory audits.

Skills

Accounts Receivable

Revenue Accounting

Bank Reconciliation

Month-end Closure

Excel

Oracle EBS

Auditor Coordination

Tools

Oracle EBS

Job description

Accounts Receivable & Bank Reconciliation

Position

Accounts Receivable

Role Purpose

Responsible for end-to-end Accounts Receivable and revenue accounting activities, ensuring accurate and timely recording of revenue and receivables, reconciliations, month-end book closure, and compliance with applicable accounting standards and internal policies.

Key Responsibilities

1. 1. Bank Reconciliation

   Perform bank reconciliations and pass necessary accounting entries.

   Investigate and resolve unreconciled items and ensure timely clearance.

2. 2. Sales Invoice Accounting

   Record and account for sales invoices accurately and on a timely basis.

   Ensure appropriate customer, revenue and tax accounting.

   Review and resolve invoice-related accounting discrepancies.

3. 3. Revenue Recognition

   Perform revenue recognition accounting in accordance with applicable Ind AS/accounting policies.

   Ensure revenue is recognised in the appropriate accounting period.

   Posting of revenue-related accounting entries and reconciliations.

4. 4. Salary & Employee Cost & Deputed Personnel Cost Accounting

   Post salary-related journal entries and ensure accurate accounting of employee costs.

5. 5. Related Party Reconciliation

   Perform periodic reconciliation of related party balances and transactions.

   Coordinate with relevant stakeholders to identify and resolve differences.

   Ensure completeness and accuracy of related party accounting and reporting.

6. 6. Accounts Receivable & Ageing

   Maintain accurate Accounts Receivable balances and customer ledgers.

   Prepare and review periodic AR ageing reports.

   Analyse outstanding balances and identify long-outstanding/unreconciled items.

   Coordinate with relevant teams for resolution of open items.

7. 7. Month-End / Year-End Book Closure

   Ensure timely and accurate closure of books of accounts.

   Complete month-end accounting activities, reconciliations and necessary journal entries within defined timelines.

   Identify and resolve outstanding accounting issues impacting closure.

8. 9. Investment Accounting

   Record and account for investment transactions in accordance with applicable accounting standards.

   Ensure accurate accounting of investment income, valuation/amortisation and related transactions, as applicable.

9. 10. Other Income Accounting ( Fixed Deposit Interest accounting)

   Record other income transactions.

   Ensure appropriate recognition, classification and accounting of income in the correct period.

10. 11. Statutory Audit Support

    Provide schedules, reconciliations, supporting documents and explanations required for statutory audits.

    Coordinate with auditors for resolution of audit queries.

    Ensure timely closure of audit requirements relating to AR, revenue and other assigned areas.

Key Skills & Competencies

• - Strong knowledge of Accounts Receivable and Revenue Accounting
• - Strong reconciliation and analytical skills
• - Experience in month-end/year-end closure
• - Attention to detail and accuracy
• - Ability to work with tight reporting timelines
• - Good stakeholder and auditor management skills
• - Strong Excel/Oracle EBS accounting system knowledge
• - Ownership and accountability for assigned processes