Job Description

Job title: Account Assistant
Location: Daman

About us: "Founded in 1980, Gini and Jony was a breakthrough in the Kids' fashion wear with the trendiest garments in our offering.

Launching as the first Kids wear brand in India with a 360 degree range of products, we catalyzed a paradigm shift in 'Young-Adults' fashion industry

For the past 40 years we have been pioneers in fabricating superior quality garments for the perfect comfort and fit our exciting product range is specially crafted for our young friends giving them a taste of thrilling and adventurous lifestyle." •Key Responsibilities Area •

Account Receivable Management:

Monitor and track all customer invoices, payments, and outstanding balances.

Implement effective credit control measures to minimize overdue accounts and improve collections.

Coordinate with the sales team and other departments to resolve any customer billing or payment discrepancies.

Generate regular reports on accounts receivable aging, collections, and cash flow projections.

Analyze trends and identify areas for improvement in the receivable process.

Account Payable Management:

Oversee the accounts payable function, ensuring accurate and timely processing of vendor invoices.

Verify invoices for accuracy, matching them with purchase orders and supporting documents.

Coordinate with internal stakeholders to obtain necessary approvals for payments.

Maintain a strong vendor relationship by addressing payment-related queries and resolving any disputes.

Monitor and optimize payment terms to take advantage of early payment discounts or negotiate favorable terms.

Financial Reporting and Analysis:

Prepare periodic financial reports related to accounts receivable and accounts payable. Perform regular analysis of key financial metrics, such as Days Sales Outstanding (DSO) and Days Payable Outstanding (DPO).

Identify trends, patterns, and areas of improvement to enhance cash flow management.

Collaborate with the finance team to assist in budgeting and forecasting activities.

Provide recommendations for process enhancements or system improvements based on data analysis.

Compliance and Risk Management:

Ensure compliance with relevant accounting standards, company policies, and legal requirements.

Mitigate financial risks by implementing robust internal controls and audit procedures.

Monitor credit limits and review credit terms with customers and vendors.

Stay updated with industry best practices and changes in accounting regulations.

Collaborate with internal and external auditors during audits and provide necessary documentation.

Cross-functional Collaboration:

Collaborate with the finance team, sales team, procurement team, and other departments to streamline processes and resolve issues.

Participate in cross-functional meetings and provide inputs regarding financial impacts of business decisions.

Support the finance team during month-end and year-end closing activities.

Days Sales Outstanding (DSO): Maintain DSO within the defined target range.

Collection Efficiency: Achieve and maintain a high collection efficiency ratio.

Accounts Payable Turnover: Optimize AP turnover ratio to improve cash flow.

Payment Accuracy: Maintain a high level of accuracy in vendor payments and minimize errors.

Audit Compliance: Demonstrate compliance with accounting standards and internal controls.

How to Apply: If you are passionate about Product photography for E-commerce and have a proven track record of driving results, we would love to hear from you. Please submit your resume, portfolio, and a brief cover letter explaining why you are the perfect fit for this role to [ info@giniandjony.com/hr@giniandjony.com ].

Job Type: Full-time

Pay: ?300,000.00 - ?400,000.00 per year

Schedule:

• Day shift

Education:

• Master's (Preferred)

Experience:

• Accounting: 1 year (Preferred)
• Tally: 1 year (Preferred)
• total work: 1 year (Preferred)

Work Location: In person