SME Customer Reconcilation

Job purpose

Manage

end-to-end customer account reconciliation activities by ensuring accurate

payment matching, resolving billing and payment discrepancies, monitoring

outstanding receivables, supporting collections, and maintaining compliance

with accounting policies to ensure timely closure of open items.

Manage

end-to-end customer account reconciliation activities by ensuring accurate

payment matching, resolving billing and payment discrepancies, monitoring

outstanding receivables, supporting collections, and maintaining compliance

with accounting policies to ensure timely closure of open items.

Job description

The

role is responsible for managing end-to-end customer account reconciliation

activities to ensure accuracy of receivables and timely resolution of

outstanding issues. The incumbent will perform regular reconciliation of

customer accounts, match payments against invoices, investigate payment

discrepancies, and prepare customer-wise reconciliation statements and ageing

reports. The position involves close coordination with customers, Sales,

Accounts Receivable, and internal stakeholders to resolve account variances,

clear disputed balances, and ensure timely collection of outstanding dues.

Additionally, the role will support month-end and year-end closing

activities, prepare MIS reports related to receivables and collections,

maintain accurate transaction records, and ensure compliance with company

accounting policies, procedures, and audit requirements. The objective is to

improve receivable accuracy, enhance cash flow management, and ensure timely

closure of reconciliation items while maintaining high standards of financial

control and customer service.

Responsibilities

Perform regular reconciliation of customer accounts and outstanding balances to ensure accuracy and compliancebr Match customer payments and receipts against invoices and accounting records to maintain financial integritybr Identify and investigate discrepancies short payments excess payments and unapplied receipts to resolve issues promptlybr Prepare detailed customerwise reconciliation statements and ageing reports for management reviewbr Follow up with customers regarding outstanding payments and account discrepancies to facilitate timely resolutionbr Coordinate with Sales Accounts Receivable and other internal teams to address and resolve reconciliation issues effectivelybr Maintain accurate records of customer transactions and reconciliation activities to support audit and compliance requirementsbr Assist in clearing old and disputed outstanding balances to improve cash flow and financial reportingbr Prepare Management Information System MIS reports related to receivables collections and reconciliations for strategic decisionmakingbr Ensure timely closure of reconciliation items and follow up on pending issues to maintain operational efficiencybr Support monthend and yearend closing activities to ensure accurate financial reportingbr Maintain proper documentation and comply with company accounting policies and procedures to uphold financial standards

Requirements

• Experience: 5 to 8 years
• Education: Post Graduate,Under Graduate
• Qualification: Finance
• Relevant industry: Manufacturing Industry

Group company: Welspun Transformation Services Limited · Function: Finance & Accounts · Department: Customer Reconciliation · Level: Assistant Manager