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Accounts Receivables Executive

Employer
NOVOTEL
Location
Chennai Chennai, Tamil Nadu Tamil Nadu, Tamil Nadu, India
Salary
Competitive Salary
Closing date
Apr 21, 2024

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Job Role
Accounts Receivable
Sector
Finance
Contract Type
Permanent
Hours
Full Time
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.
  • 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.

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