Accounts Receivable Associate MAS INDUSTRIES PVT. LTD.

About MAS INDUSTRIES PVT. LTD.

Job Description

Job Title: Accounts Executive
Location: Turbhe, Navi Mumbai
Reports To: Accounts Manager / Finance Head
Gender Requirement: Only Male Candidates

Job Overview:

We are seeking a skilled and responsible Accounts Executive with solid experience in customer billing, collections, and receivables management. The ideal candidate will have 35 years of experience in handling AR processes, including invoicing, payment follow-ups, reconciliations, and reporting. The role demands strong accounting fundamentals, proficiency in financial software (preferably SAP), and excellent coordination and communication skills to manage customer relationships and ensure timely collections.

Key Responsibilities:

Customer Invoicing & Collections:

• Process and generate accurate customer invoices in the accounting system (SAP) based on sales orders and delivery confirmations.
• Monitor customer accounts to ensure timely receipt of payments.
• Follow up with customers on outstanding invoices through calls, emails, and regular statements.
• Coordinate with the sales and logistics teams to resolve billing issues, disputes, or delivery discrepancies.

Cash Application & Receipts Management:

• Record and allocate incoming payments (bank transfers, cheques, etc.) against customer invoices in SAP.
• Reconcile customer receipts with bank statements to ensure proper matching and accurate posting.
• Investigate and resolve unidentified or short payments in coordination with customers and internal stakeholders.
• Issue credit notes for returns, pricing disputes, or other adjustments as necessary.

Customer Account Management & Reconciliation:

• Maintain up-to-date customer ledgers and reconcile balances regularly.
• Resolve customer account discrepancies and respond to queries in a timely manner.
• Prepare and send account statements and payment confirmations to customers.
• Coordinate with internal departments for invoice approvals, delivery documents, and credit limits.

Reporting & Compliance:

• Support monthly and year-end AR closing activities, including aging analysis and reconciliations.
• Prepare and maintain AR aging reports, customer ledgers, and collection performance data.
• Assist with audits by providing relevant AR documents, reports, and transaction details.
• Ensure adherence to company policies, accounting standards, and internal controls in all receivables processes.

Other Responsibilities:

• Handle cheque and manual banking processes when needed.
• Assisting in GST or TDS compliance work if required.
• Carry out additional accounts-related duties as assigned by Directors or HOD.

Requirements:

• Education: Bachelors Degree in Commerce, Accounting, or Finance.
• Experience: Minimum 35 years in Accounts Receivable or general accounting roles.
  • Candidates who have worked under a Chartered Accountant (CA) can also apply.
• Proficient in SAP, Tally, and Microsoft Excel (VLOOKUP, Pivot Tables, data management etc.).
• Strong knowledge of customer invoicing, receipts processing, and account reconciliation.
• Good communication skills for coordination with customers, sales teams, and banks.

Key Competencies:

• High attention to detail and accuracy in customer accounts and billing records.
• Ability to manage a high volume of invoices and collections while meeting deadlines.
• Sound knowledge of accounting principles and receivables processes.
• Strong problem-solving skills, professional attitude, and ability to work independently.
• Capable of maintaining positive customer relationships while ensuring timely collections.

For Any Queries:

Contact: 8655658105