Accounts Executive (ERO)

Blue Dart

Purpose

Support and manage the area finance & accounts related activities like fixed asset accounting, accounts payable, accounts receivable, etc. at the branch. Also responsible for management of invoicing and collections, approval of vendor payments, cash management, credit control and audit support.

Key Responsibilities

Responsibilities

Support the activities related to accounts receivable, credit management, asset management, petty cash management, etc. at the area level
Support Area Head in ensure compliance to all standard operating procedures (SOPs) and standard accounting practices for the area
Responsible for adherence to the area budget and report variances (if any)
Maintenance & reconciliation of Bank Accounts
Timely and accurate updation of all books of accounts for the area on a daily and monthly basis
Classification, recording and reporting of financial data within the scheduled deadlines to the Branch
Monitor daily reconciliation of cash in hand with the book balances
Ensure adherence to all taxation policies of the company; Monitor compliance of the area on all tax matters as per laws in terms of correct calculation, accounting and filing for payments to avoid any penalties/ legal notices, etc.
Monitor the fixed asset accounting process in the area and ensure capitalization and accurate monetization of assets
Conduct effective credit management and control at the area level; Monitor adherence to established procedures for determining the credit worthiness of the customers
Maintain accuracy of all accounts receivables processing
Verification of all invoices/ bills as per compliance requirements and forward the same to the branch finance team for payment processing
Accurate and timely collections; Monitor accounts receivables process from customers across the area
Monitor daily banking of all cash received / collected
Conduct regular DSO check and cash reconciliation status
Responsible for timely renewal of agreements with respect to channel partners, vehicles/ fleet, lease agreements, PDA, ESAs, contract staff, etc.
Monitor and track all area debtors regularly to reduce chances of default; Monitor delinquent accounts and prepare reports on high risk accounts with recommendations for their resolution
Monitor processing of salaries for employees in the area; Ensure accurate receipt of C-form and other details from the various centers in the area
Generate and maintain all MIS and documentation related to Area Finance; Highlight any deviations to the Branch Finance & Accounts Head – Accounts
Key Result Areas and Key Performance Indicators

S. No

Key Result Areas

Key Performance Indicators

Timely completion of financial and accounting processes and reporting

Adherence to timelines set for financial and accounting related KPIs for the Area in terms of
Financial accounts reporting
Cash tally
Invoicing and Billing
Accounts Receivable
Cash reconciliation, etc.

Ensure adherence to all Statutory Compliances for the area

Number of instances of non-compliances observed in statutory and internal audit

Effective cash management at the area level

% Validation/ verification of all expense vouchers/ bills prior to payments
Errors found in cash tally, cash reconciliation and DSO reports

Effective credit management

% debtors coming in high risk category (chances of recovery being minimum) in the area