Accounts Receivable Executive (AR)

Artivo Surfaces; Hyderabad; Hybrid; INR 350,000 - 480,000; Full time

Job summary

Artivo Surfaces in Hyderabad seeks an Accounts Receivable Specialist to manage credit reviews, issue invoices, post to ERP, and track payments. The role supports collections and reporting to assist financial planning.

You will work with SAP/Oracle ERP and MS Excel to ensure accurate ledgers and timely cash flow, collaborating with the finance team to optimize AR operations.

Qualifications

• Analytical and problem-solving skills.
• Familiarity with accounts receivable processes and controls.
• Understanding of dispute resolution when payments do not match invoices.
• Experience with large ERP environments (SAP/Oracle) is advantageous.
• Proficiency in MS Excel is mandatory.

Responsibilities

• Credit Management: Review and manage customer credit; analyze holds.
• Sending Bills to Customers: Create and send invoices to customers for products or services delivered.
• Invoice Posting: Post customer invoices in the ERP system.
• Payment Posting: Record customer payments against open invoices with references.
• Tracking Payments: Update records for real-time payment status.
• Adjustments Posting: Post credit memos for discounts, billing errors, etc.
• Collections Support: Follow up on overdue payments.
• Reporting: Prepare AR-related reports for management decisions.

Skills

Analytical skills

Tools

MS Excel

SAP

Oracle

Job description

Job Responsibilities

• Credit Management : Hands on experience in Customer Credit Review and Management. Also required understanding of Customer Credit Holds analysis.
• Sending Bills to Customers: Create and send invoices to customers for products or services delivered.
• Invoice Posting: Accurately post customer invoices in the ERP system.
• Payment Posting: Record customer payments against open invoices, applying payments using reference numbers or remittance advice.
• Tracking Payments: Update records when payments are received to ensure real-time accuracy of accounts.
• Adjustments Posting: Handle adjustments including credit memos for discounts, billing errors, short payments, overpayments, or non-payments.
• Collections Support: Follow up with customers for timely payments and elevate overdue cases when required.
• Reporting: Prepare and maintain AR-related reports to support management decisions and financial planning.

Basic Knowledge Required

• Good understanding of accounts receivable process flow.
• Knowledge of invoice details and mandatory components.
• Familiarity with common payment methods (NEFT/RTGS, cheque, credit card, etc.).
• Understanding of dispute resolution when payment doesnt match invoice.
• Steps to be followed for delayed customer payments.

Technical / Software Skills

• Hands-on experience with ERP systems (SAP, Oracle, or similar).
• Proficiency in MS Excel (mandatory).

Good to Have Skills (Optional)

• Advanced Excel skills (Pivot tables, VLOOKUP, Reporting).
• Prior exposure to large ERP environments such as SAP or Oracle.
• Strong analytical and problem-solving skills.