Executive - Finance

Location: Mumbai, MH

Be the First to Apply

To ensure efficient commercial operations by managing sales order processing, pricing administration, claims verification, receivables management, account reconciliation, financial process improvements, and cross-functional coordination to support business objectives and maintain financial discipline.

• Sales Order Management

• Ensure timely release of sales orders on all working days, including Saturdays.
• Verify pricing accuracy before order release to support achievement of sales targets.
• Coordinate with sales and supply chain teams to resolve order-related issues promptly.

• Pricing & MRP Administration

• Maintain a clear understanding of company pricing structures and policies.
• Upload and update pricing and MRP changes in SAP accurately and within defined timelines.
• Ensure consistency and accuracy of pricing data across all channels.

• Distributor Claims Verification

• Review and validate distributor claims as per company policies and approved schemes.
• Coordinate with relevant stakeholders for claim approvals and settlements.
• Maintain proper documentation and records of claims processed.

• Receivables & Overdue Management

• Prepare overdue reports and monitor outstanding receivables.
• Follow up with customers and stakeholders to ensure timely collection of payments.
• Track payment status and ensure overdue balances are cleared as per collection plans.
• Escalate critical cases to management when required.

• Customer Account Reconciliation

• Conduct quarterly reconciliation of customer accounts and key account chains.
• Identify and resolve discrepancies in customer ledgers.
• Obtain balance confirmations from customers and maintain proper records.

• Financial Controls, Policies & Automation

• Review existing financial processes and policies periodically.
• Identify opportunities for automation and process improvements.
• Implement approved automation initiatives to enhance operational efficiency, compliance, and reporting accuracy.
• Support adherence to internal controls and financial governance standards.

• Bayer Claims Reimbursement Coordination

• Coordinate with the Bayer team for quarterly claim reimbursement finalization.
• Ensure timely submission, verification, and closure of reimbursement claims.
• Maintain accurate records and supporting documentation.

• Credit Note Management

Raise Credit Notes (CN) as required based on approved claims, adjustments, and commercial agreements.

Ensure timely processing and accurate accounting of credit notes.

• Cross-Functional Coordination

Work closely with Supply Chain teams and CFAs to resolve operational and commercial queries.

Support business continuity through effective stakeholder management and communication.

• MIS Reporting & Business Insights

• Prepare and share periodic reports and data with management.
• Analyze commercial and financial data to provide actionable insights.
• Support decision-making through timely and accurate reporting