Organization: The Lubrizol Corporation
Location: Navi Mumbai, Maharashtra, India
The position is accountable for accounts receivable management with timely collection, customer credit management, accurate reporting, and banking compliance related to Import Payments. The role involves collaboration with SAP Basis jobs for system integration, ensuring smooth operations across multiple legal entities (3) of Lubrizol Accounts Receivables function, covering the entire India geography.
Table of Contents |
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1. Job Details |
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2. Eligibility |
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3. Responsibilities |
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4. Official Advertisement Link |
Job Details |
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| Job Source | Offline |
| Organization | The Lubrizol Corporation |
| Job Location | Navi Mumbai, Maharashtra, India |
| Similar Jobs | https://shorturl.at/iYccd |
Eligibility
- Bachelor of Commerce or similar qualification.
- Minimum of 7 years of post-qualification experience in accounts receivable management and banking compliance post-import payments
- Excellent in MS Excel
- Working in an SAP environment is a must.
- Working knowledge of FEMA and banking regulations is strongly recommended.
- Good written and communication skills.
Responsibilities
- Periodic third-party Customer reconciliation. Quarterly /Monthly confirmation with JV partners.
- Ensuring timely recording of customers’ receipts, and debit notes/credit notes in line with approval policies and procedures including.
- Timely creation of Inter-company debit/credit notes.
- Timely and accurate reporting of account receivables forecast for cash planning and follow-up.
- Continuous coordination with the Customer Experience Representative team for timely issuance of CN / DN for any shortages, Late delivery, and price differences related to customers.
- Timely follow-up of overdue invoices through account managers and managed DSO levels.
- Ensuring balances are reported correctly on the trial balance.
- Customer credit limits are reviewed, monitored, and released on time.
- Ensuring Withholding tax deduction by a customer is reconciled, appropriately reported on 26AS, and coordinated with the direct tax team.
- Engage with account managers with relevant MIS on Accounts receivables and sales. Follow-up for overdue receivables.