1. AR Application and collection management
a) Regular follow-up of Outstanding AR.
b) Apply collection to correct Dealer account.
c) Post write-off / write-back entries.
d) Ensure Compliance to Credit Policy and obtain prior necessary exception approvals wherever required
e) Recovery of old AR & COL and delinquent accounts legal follow-up
f) Balance confirmation (AR), reconciliation & timely settlement of issues. Obtain clean confirmation at least at end March.
2. Payment process and Bank reconciliation
a) Post AP entries based on the invoices submitted by Admin
b) Upload bank payments for Approval from Global Treasury Team.
c) Book correct GST and TDS based on the local tax laws.
c) Check bills for correct spending and accounting
d) Maintain MIS of AP and monitor vendor outstanding
e) Update regular cash flows.
f) Reconcile bank on monthly basis.
3. Discount Management and claim processing
a) Ensure 100% compliance to Discount policy and take necessary prior exception approvals where applicable
b) Generate regular discount MIS showing product wise, channel wise discounted and non-discounted volume and spends
d) Ensure claim processing is in line with the agreed timelines
e) Ensure Claims passed are have proper supporting
f) Accurate accrual at the month end for discount spent
4. Accounting and Bookkeeping
a) Ensure correct accounting or AR and AP entries.
b) Regular checking of invoices
c) Post Month End JE’s after review by the controller
d) Balance Sheet and P&L closure.
e) Support in external and internal audit
5. Misc.
a) Implementation of Trek best practices(GSD)
b) Cross departmental communication
