Accounts Receivable Executive Job in Clifton at Lucky Petroleum

Accounts Receivable Executive at Lucky Petroleum

Lucky Petroleum is seeking a dedicated Accounts Receivable Executive to oversee customer accounts and maintain accurate receivable records. This role is essential for ensuring financial accuracy and customer satisfaction within the organization.

Location

This position is based in Clifton, Karachi.

Key Responsibilities

• Prepare and maintain customer ledgers and accounts receivable records.
• Perform periodic customer account reconciliations with customer statements and confirm outstanding balances.
• Investigate and resolve discrepancies relating to invoices, receipts, credit notes, debit notes, and adjustments.
• Prepare daily customer-wise receivables, aging reports, and fund reports.
• Reconcile bank statements and identify customer receipts, online transfers, cheque deposits, and other collections.
• Receive and process requests for opening new customer codes in the ERP/accounting system only after obtaining approval from authorized personnel.
• Verify completeness of customer registration documents, including NTN/CNIC, sales tax registration (where applicable), business details, information, and approved credit terms.
• Check for duplicate customer records and maintain accurate customer master data.
• Maintain proper records of customer code creation and amendments.
• Prepare and process customer invoices based on approved sales orders, delivery documents, product dispatch records, and applicable pricing.
• Verify customer details, quantities, rates, applicable taxes, and other billing elements before invoice issuance.
• Verify supporting documents, including delivery challans, product lifting records, and proof of delivery, where applicable.
• Maintain proper invoice records and ensure compliance with applicable tax and invoicing requirements.

Eligibility

Qualifications

• Bachelor’s degree in Accounting, Finance, Commerce, or Business Administration.

Experience

• 2-4 years of relevant experience in accounts receivable, customer accounting, invoicing, or bank reconciliation.
• Experience in an OMC, petroleum distribution, FMCG, or other high-volume trading business will be preferred.

Skills

• Working knowledge of accounting principles, receivables management, and applicable taxation requirements.
• Proficiency in MS Excel, including lookup functions, PivotTables, and reconciliation schedules.
• Practical experience with ERP/accounting software, such as SAP, Oracle, or an equivalent system.

Application Procedure

Interested candidates should apply through the official application method provided with this vacancy. Please verify the official employer/application channel before sharing sensitive information.