Senior Accounts Executive

Locobuzz; Mumbai; On-site; INR 450,000 - 800,000; Full time

Benefits offered by this job

Medical coverage for you and your fam

Training and workshops

Dynamic organisation

Job summary

Locobuzz in Mumbai is seeking a Senior Accounts Executive to oversee day-to-day bookkeeping, accounts receivable, collections, and statutory compliance. You will ensure accurate financial records and timely revenue realization while coordinating with clients and internal teams.

The role requires strong knowledge of GST, TDS, and accounting principles, along with proficiency in CRM/ERP systems and MS Excel. Prior experience in audit coordination and month-end close is preferred.

Qualifications

• Bachelor's degree in Commerce, Accounting, Finance, or a related field.
• Minimum 36 years of relevant experience in bookkeeping, collections, accounts receivable, statutory compliance, audit coordination, and overall financial operations.

Responsibilities

• Manage collections for licenses, SaaS subscriptions, AMC renewals, and other recurring revenue contracts.
• Monitor payment schedules, invoices, ageing reports, and follow up via calls and emails.
• Track renewals, due dates, and commitments to minimize revenue leakage and overdue receivables.
• Review client agreements and POs to verify validity before invoicing and escalate gaps.
• Coordinate with Sales, Customer Success, Implementation, and Finance to resolve billing discrepancies.
• Prepare regular collection reports, debtor ageing statements, payment forecasts, and receivable reports.
• Maintain accurate collection records and CRM/ERP entries.
• Maintain books of accounts, including journal entries and ledgers.
• Manage accounts payable/receivable, invoice processing, and settlements.
• Reconcile bank statements and general ledger balances; investigate discrepancies.
• Assist in preparing financial statements and month/year-end closings.
• Ensure timely GST, TDS, and other statutory returns and payments.
• Coordinate audits and maintain audit-ready records.
• Ensure adherence to SOPs, internal controls, and statutory requirements.

Skills

GST knowledge

MS Excel

Accounting software

Analytical skills

Education

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

Tools

CRM/ERP system

Job description

ABOUT THE ROLE

The Senior Accounts Executive will be responsible for managing day-to-day accounting and bookkeeping activities, accounts receivable, collections, statutory compliance, and audit coordination. The role requires ensuring accurate financial records, timely collections, prevention of revenue leakage, adherence to accounting procedures, and effective coordination with clients and internal stakeholders to ensure smooth financial operations.

KEY RESPONSIBILITIES

• Manage collections for annual software licenses, SaaS subscriptions, AMC renewals, and other recurring revenue contracts, ensuring timely realization of payments.
• Monitor customer payment schedules, outstanding invoices, overdue accounts, and ageing reports, with proactive follow-ups through calls and emails.
• Track upcoming renewals, subscription due dates, and collection commitments to minimize revenue leakage and prevent overdue receivables.
• Review client agreements, contracted terms, and purchase orders (POs) to verify validity, coverage period, and value before invoicing, escalating any gaps to the relevant stakeholders.
• Coordinate with Sales, Customer Success, Implementation, and Finance teams to resolve billing discrepancies, payment disputes, and collection-related issues while maintaining strong client relationships.
• Prepare regular collection reports, debtor ageing statements, payment forecasts, and outstanding receivables reports for management.
• Maintain accurate collection records, customer commitments, and follow-up schedules in the CRM/ERP system.
• Maintain accurate books of accounts, including journal entries, ledgers, expenses, and financial transactions.
• Manage accounts payable and receivable, ensuring accurate invoice processing, payment tracking, and timely account settlements.
• Reconcile bank statements, customer accounts, and general ledger balances, investigating and resolving discrepancies promptly.
• Assist in preparing financial statements, management reports, and month-end and year-end closing activities.
• Ensure timely filing of GST, TDS, and other applicable statutory returns, along with timely payment of statutory dues.
• Coordinate internal and external audits by maintaining audit-ready financial records, reconciliations, and supporting documentation.
• Ensure adherence to accounting policies, Standard Operating Procedures (SOPs), internal controls, and applicable statutory requirements.

KEY SKILLS / WHAT WE'RE LOOKING FOR

• Bachelor's degree in Commerce, Accounting, Finance, or a related field.
• Minimum 36 years of relevant experience in bookkeeping, collections, accounts receivable, statutory compliance, audit coordination, and overall financial operations.
• Working knowledge of GST, TDS, accounting principles, and financial reconciliations.
• Proficiency in accounting software and MS Excel.
• Strong analytical, communication, coordination, and problem-solving skills, with attention to detail and adherence to deadlines.

WHY LOCOBUZZ?

• Work in a fast-paced, dynamic organisation where your contributions have real impact
• Access continuous learning and upskilling through training and workshops
• Be part of a collaborative culture built on open communication and shared goals
• Comprehensive medical coverage for you and your family