Accounts Receivable Executive

Fulcrum Pvt Ltd is seeking a detail-oriented and proactive Accounts Receivable Executive to join our finance team. The ideal candidate will specialize in managing accounts receivable processes and have hands-on experience with ERP software such as SAP or Oracle. This role contributes significantly to the companys financial health by ensuring accurate and timely invoicing, collections, and reconciliation. The position demands strict adherence to policies specific to the pharmaceutical industry, emphasizing accuracy and regulatory compliance. Although this role does not involve managing a team, it requires effective communication and coordination with internal departments and external clients to maintain smooth cash flow and accurate reporting.

The Accounts Receivable Executive will focus on managing outstanding customer accounts and will play a key role in resolving discrepancies related to billing and payments. The candidate must demonstrate strong analytical skills and the ability to work with financial data accurately. This role requires a minimum of two years of relevant experience and a solid understanding of pharmaceutical industry requirements relating to accounts receivable. By maintaining comprehensive records and promptly addressing overdue accounts, the executive supports Fulcrum Pvt Ltds commitment to financial excellence within a regulated industry.
Responsibilities
 

• Manage and monitor the entire accounts receivable cycle to ensure timely invoicing, collections, and payments.
• Utilize ERP software such as SAP or Oracle to process transactions, generate reports, and maintain accurate records of financial data.
• Prepare and send customer invoices in compliance with pharmaceutical industry standards and internal company policies.
• Perform regular reconciliation of accounts receivable ledger to ensure all payments are accounted for and properly posted.
• Follow up promptly on overdue payments by contacting customers and resolving any payment discrepancies or disputes.
• Coordinate with sales, customer service, and finance teams to address billing questions and deliver solutions.
• Maintain up-to-date knowledge of pharmaceutical industry regulations affecting accounts receivable management and ensure full compliance.
• Generate regular reports on accounts receivable status, outstanding balances, and cash flow projections for management review.
• Assist in month-end and year-end closing activities related to accounts receivable accounting.
• Identify and recommend process improvements to optimize collections and reduce days sales outstanding.
• Support audits by providing required documentation and responding to inquiries related to customer accounts and transactions.