Accounts 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 effect the interests of the hotel should be brought to the attention of the Management.
·  Establish and maintain seamless co-ordination & co-operation with all departments of the hotel to ensure maximum cooperation, productivity, and guest service.
·  Respond to queries, by resolving issues in a timely and efficient manner to ensure customer satisfaction.
·  Ensure that all personnel are kept well informed of department’s objectives and policies.
·  Assist in the determination of fiscal requirements and the compilation of budgetary recommendations.
·  Identify optimal, cost effective use of the resources and educate the team on the same.
·  Supervise and coordinate activities of the Accounts Receivable section of Mercure Ekana Sportz City Lucknow.
·  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.

Qualifications

B.Com / M.Com / MBA in Finance or any other equivalent qualifications.

Additional Information

1-2 years of experience in Finance with branded hotels.