Accounts Receivable Executive (AR Executive)

Company Overview

Ozori Industries is a dynamic player in the Internet, E-commerce, and Direct-to-Consumer (D2C) brands industry. The company thrives in a fast-paced environment, focusing on delivering exceptional value to customers through quality products and services.

Job Summary

We are looking for a detail-oriented and proactive Accounts Receivable Executive to manage end-to-end receivables, invoicing, and collections. The ideal candidate will have experience working with internet, e-commerce, or D2C brands and be comfortable handling high transaction volumes to support the company’s financial health.

Responsibilities

• Accounts Receivable Management

  • Own end-to-end accounts receivable processes including billing, collections, and settlement accounting.
  • Maintain accurate customer ledgers and ensure timely posting of incoming payments.
  • Perform daily, weekly, and monthly AR reconciliations.
  • Track and resolve short payments, deductions, credit notes, debit notes, returns, chargebacks, and TDS.
  • Prepare AR aging reports and drive timely closure of overdue balances.
  • Monitor and reduce Days Sales Outstanding (DSO) to improve overall cash flow.

• Invoicing & Billing

  • Raise accurate invoices as per agreed commercial terms and contracts.
  • Ensure timely issuance of invoices along with required supporting documentation.
  • Validate billing data and ensure compliance with Goods and Services Tax (GST) and statutory regulations.
  • Handle invoice corrections, re-issuance, and amendments when required.

• Collections & Cross-Functional Coordination

  • Follow up with customers for timely collections through structured communication.
  • Coordinate with sales, marketplace, operations, and customer support teams to resolve billing and payment issues.
  • Escalate critical overdue cases and assist in resolution.

• Month-End Closing & Reporting

  • Support month-end closing activities related to receivables and revenue.
  • Prepare AR schedules, customer confirmations, and reconciliations.
  • Assist in preparation of Management Information System (MIS) reports related to billing, collections, and receivables.

• Audit & Compliance

  • Support statutory, internal, and audit requirements by providing necessary documentation.
  • Ensure adherence to internal financial controls and company policies.

Qualifications

• Strong understanding of Accounts Receivable, invoicing, and revenue accounting.
• Good knowledge of GST, TDS, and statutory compliance.
• Experience working with Enterprise Resource Planning (ERP) systems (Tally, SAP, NetSuite, Zoho, etc.).
• Strong proficiency in MS Excel (VLOOKUP/XLOOKUP, Pivot Tables, basic formulas).
• Strong analytical and reconciliation skills.
• Excellent follow-up and stakeholder management abilities.
• High attention to detail and ability to meet deadlines.
• Educational Qualification: Bachelor's degree in Finance, Accounting, or a related field.

Preferred Skills

• Previous experience within the Internet, E-commerce, or D2C sectors.
• Familiarity with financial compliance regulations.

Experience

• Minimum 2-4 years of experience in accounts receivable or a related financial role.

Environment

This position is based in Pune and may involve a collaborative work setting with cross-functional teams. The role is primarily office-based but may offer flexibility depending on company policy.

Salary

• Up to 8 LPA (Lakhs Per Annum).

Growth Opportunities

Opportunities for career advancement within the financial management team and potential leadership roles as Ozori Industries expands its operations.

Benefits

• Competitive salary package.
• Health insurance and other employee benefits.
• Paid leave and vacation policies.
• Professional development and training opportunities.