Accounts Receivable Executive (Male candidate preferred)

Kotak Mahindra Bank; Goregaon; On-site; INR 600,000 - 900,000; Full time

Job summary

Kotak Mahindra Bank is seeking a detail-oriented Accounts Receivable professional in Mumbai to manage AR processes for group entities. You will handle debit/credit notes, ageing analyses, collections, and MIS reporting while coordinating with internal teams to ensure timely payments and accurate accounting entries.

The role requires 2+ years in AR or finance operations, exposure to SAP/Oracle/Tally, and strong Excel skills.

Qualifications

• Bachelor's degree in Commerce, Finance, Accounting, or related field.
• Minimum 2 years of experience in Accounts Receivable, Billing, or Finance Operations.
• Experience handling inter-company transactions and debit/credit note processing preferred.

Responsibilities

• Raise and process debit notes and credit notes for group company transactions.
• Monitor outstanding receivables and follow up with group companies for timely payments.
• Maintain updated Accounts Receivable ageing reports.
• Track and report overdue balances to management.
• Prepare yearly Agreements and addendums in coordination with internal legal team and vendor.
• Perform periodic reconciliation of receivable & Payable codes.
• Coordinate with business teams and group entities for dispute resolution.
• Ensure accurate accounting entries for receivables, debit notes, credit notes, and collections.
• Prepare MIS reports related to receivables, collections, ageing analysis, and outstanding balances.
• Support statutory audits, internal audits, and management reviews by providing relevant schedules and documentation.
• Ensure compliance with accounting policies, internal controls, and SOPs.

Skills

Accounts Receivable

Debit/Credit Notes

Ageing Analysis

Collections

Excel

SAP

Oracle

Tally

Intercompany

Reporting

Stakeholder Mgmt

Attention to Detail

Education

Bachelors in Commerce/Finance/Accounting

Tools

SAP

Oracle

Tally

Job description

Accounts Receivable Management

• Raise and process debit notes and credit notes for group company transactions.
• Monitor outstanding receivables and follow up with group companies for timely payments.
• Maintain updated Accounts Receivable ageing reports.
• Track and report overdue balances to management.
• Prepare yearly Agreements and addendums in coordination with internal legal team and vendor

Reconciliation & Accounting

• Perform periodic reconciliation of receivable & Payable codes.
• Coordinate with business teams and group entities for dispute resolution.
• Ensure accurate accounting entries for receivables, debit notes, credit notes, and collections.

Collection & Recovery

• Follow up with stakeholders for outstanding payments.
• Maintain receivable/payable file and support month-end closing activities.

Reporting & Controls

• Prepare MIS reports related to receivables, collections, ageing analysis, and outstanding balances.
• Support statutory audits, internal audits, and management reviews by providing relevant schedules and documentation.
• Ensure compliance with accounting policies, internal controls, and SOPs.

Required Qualifications

• Bachelor's degree in Commerce, Finance, Accounting, or related field

Experience

• Minimum 2 years of experience in Accounts Receivable, Billing, or Finance Operations.
• Experience handling inter-company transactions and debit/credit note processing preferred.

Key Skills

• Strong understanding of Accounts Receivable processes.
• Knowledge of debit note and credit note accounting treatment.
• Account reconciliation and ageing analysis.
• Working knowledge of ERP systems such as SAP, Oracle, Tally, or similar.
• Good MS Excel skills (VLOOKUP, Pivot Tables, Reconciliations).
• Strong analytical, communication, and stakeholder management skills.
• Attention to detail and ability to meet deadlines.