QX

R2R / Accounts Payable - Hospitality & Real State Industry

QX Global Services Private Limited
Ahmedabad ₹3-6 LPA Posted 27 Dec 2024
FULL TIME
amortization
assets
Accounts Payable

Job Description

Management Accounts-

  • Preparation of Finance Packs for clients which involves preparation of Funding statement, cashflow projections & commentary on the Variances on P&L statement.
  • Monthly call with client to review P&L & Balance sheet
  • Quarterly VAT return Annuals statutory accounts preparation
  • Month End and year end closing and procedural adjustments.
  • Accruals, Prepayment and Other reclass journals
  • Nominal Ledger Scrutiny of all the Nominal Account codes to ensure that the transactions are accurately recorded in that month.
  • Bank reconciliation, Balance sheet reconciliation, Interco Reconciliation Updating Fixed Asset register and providing depreciation accurately.
  • Internal and External Audit support.

Credit Control -

  • Managing accounts to ensure timely debt collection from customers
  • Handling and resolving payment disputes and queries
  • Tracking and managing overdue accounts, escalating as necessary as per escalation metrics
  • Chasing overdue invoices and payments via telephone and email
  • Keeping detailed records of collection activities and conversation. Regularly update notes in ERP at transaction level
  • Building and maintaining strong relationships with debtors and customers
  • Ideal Candidate should have relevant experience of recruitment industry

Accounts Payable -

  • Accurate review of incoming invoices, processing and issuing of approvals within the business
  • Managing ad hoc creditor queries from internal or external stakeholder
  • Facilitating timely payments to suppliers to a KPI of 95% in 60 days including payments via the credit card function
  • Maintaining accurate data within the system and within the creditor records (includes credit/tax checks)
  • Using an in-house tool verify documents across multiple entities to verify documents meet
  • HMRC and internal requirements
  • Updating of cash schedules on a daily and weekly basis including the allocation of such cash
  • Processing of weekly journals and month end Journals into the Microsoft Dynamics ledger system
  • Preparing various areas of the balance sheet for review by management
  • Ad hoc duties including reporting

Join WhatsApp Channel