Job Description

The Role

Derby Jeans Community is a leading menswear brand headquartered in Chennai. Derby has been dressing men since 1994 and have over 54+ exclusive stores. We are seeking an energetic and highly skilled individual to join our Finance team as an Accounts Receivable Senior Executive. In this role, you will be responsible for the direction, execution, and performance of the Franchise Accounting and Accounts Receivable functions and will be responsible for the following:

• Manage the accounts receivable activities including receipting, bank reconciliation and franchisee accounts reconciliation and collections.
• Communicate effectively and professionally with the franchisee partners to resolve any payment queries.
• Work with the retail cluster managers and ensure timely collections.
• Proactively identify any potential credit risks and recommend appropriate actions to mitigate the risks.
• Sending of weekly and monthly statements to the franchisee partners.
• P&L preparation for the franchisee accounts and store profitability.
• Updating and maintaining all debtors and branch accounts in Tally.
• Perform bank reconciliation and resolve any reconciliation items.
• Conduct monthly reviews of reconciliations and reporting and proactively manage franchisee accounts and respective balance sheet accounts.
• Processing weekly refunds, credit and debit notes across franchisee accounts in line with the company policies.

Your Profile:

This role will be ideal for a candidate who enjoys a diverse range of tasks & who thrives in a busy, fast paced environment.

You will ideally have:

• A good understanding of accounts receivable in a retail apparel environment with over 7+ years of experience.
• Have a minimum of 5+ years of experience with managing franchisee accounts.
• Creating weekly/monthly franchisee receivables calculations and reports.
• Intermediate to expert excel skills.
• Reconciliation experience.
• Strong communication (written and spoken) skills in both English and Tamil.
• Good experience in working with Tally.
• Analytical thinking and a detail-oriented approach.

Job Types: Full-time, Permanent

Pay: ?30,000.00 - ?45,000.00 per month

Benefits:

• Provident Fund

Schedule:

• Day shift

Supplemental pay types:

• Performance bonus
• Yearly bonus

Application Question(s):

• Minimum of 5 years in managing franchisee accounts.

Experience:

• total work: 7 years (Required)

Work Location: In person

Application Deadline: 23/07/2024
Expected Start Date: 16/08/2024