Account Receivable Executive

Job description

Job Description

·  Supervise and coordinate the activities of the Accounts Receivable section.
·  To assist the Credit Manager, in efficient and timely collection of receivables.
·  Ensure cash receipts, claims, or unpaid invoices are accounted for properly.
·  Calculate and enter charges for interest, refunds, or related items.
·  Responsible for account statements or other related reports as per the standards.
·  Any matter which may affect the interests of the hotel should be brought to the attention of the Management.
·  Supervise and coordinate activities of the Accounts Receivable section of Ibis & Novotel Bengaluru Techpark
·  Ensure to process the third party claims and the maintenance, review, updating and collection of guest accounts in accordance with the credit policy.
·  Responsible for various transactions including refunds, ability-to-pay allowances, discounts and write-offs.
·  Investigate special collection problems and confer with financially responsible persons as required to advise concerning credit policy and to make arrangements for payment of outstanding accounts.
·  Recommend transfer of guest accounts to Delinquent Accounts section.
·  Maintain liaison with other functions to coordinate efforts in resolving problems concerning collection of guest accounts receivable.
·  Assist in the preparation of reports and analyses, setting forth progress, adverse trends and appropriate recommendations or conclusions.
·  Plan and schedule work to ensure proper distribution of assignments and adequate manning for subsequent performance of duties.
·  Responsible for compliance of established practices, and keeping employees abreast of current changes and standards.
·  Develop and recommend operating policies and procedures for Accounts Receivable section.