Job Description

Accounts Receivable (Region) - REACT2471. PurposeSupport the timely and accurate conduct of accounts receivable process. Ensure timely receipt of payments from all customers and escalate instances of sticky debtors or non-payments for further probing and action in the region.2. Key ResponsibilitiesResponsibilitiesResponsible for execution of accounting of all receivables transactions in adherence to defined accounting guidelines, practices and standard operating procedures in the regionResponsible for accurate data entry for all receivables for the purpose of maintaining records on accounts receivable transactions and generate invoices as per the terms and conditions in the customer contract and agreed payment schedule in the regionResponsible for coordination with the bank on a daily basis to ensure that payments are confirmed by the client and are received in a timely mannerAccounting and processing of all COD, FOD, DOD, octroi and other collections in a timely manner and also monitor the cash outstanding amounts and the balances of credit customers; report deviations to the superior / corporate TeamEscalate non-payment and sticky debtors to the superior/ HO team for further probing and action, including legal remedy, if neededGenerate debit notes / credit notes in case of withholding of payments by the customer, wholly or in part, due to any issues or deviations in the planned delivery in the regionCheck all customer ledgers for overdue, pending tax payments, appropriations or any recoveries in the regionEnsure accounting of all remittances received across the country of various vouchers and octroi remittances from the regional accounting teams in various banksEnsure timely clearance of all bank reconciliation entries in the regionRespond and satisfactorily resolve queries raised by internal and statutory auditsPrepare and submit MIS, as required by the superior in region / HO team3. Key Result Areas and Key Performance IndicatorsS.No.Key Result AreasKey Performance Indicators1.Ensure efficiency in accounts receivable operationsAdherence to timelines for accurate accounting of payments received from customers in the regionAdherence to timelines for filing and recording of customer invoice along with the tax invoice for the regionAdherence to timelines for accurate completion of processing and accounting of cash on delivery, freight on delivery, demurrage, octroi transactions2.Ensure efficiency and timely completion of collections and recoveries% collections (including cash outstanding) completed on timeAdherence to timelines for escalations in case of sticky debtors for the region3.Maintenance of documentation and record keepingNumber of deviations observed in documentation requirements4.Ensure performance driven cultureAdherence to performance management system timelines and guidelines

DHL