Inchcape Shipping Services Logo

Inchcape Shipping Services

India - AR Executive

Reposted 14 Days Ago
Be an Early Applicant
In-Office
Chennai, Tamil Nadu, IND
Mid level
In-Office
Chennai, Tamil Nadu, IND
Mid level
The AR Executive will assist in accounts receivables operations, manage banking transactions, liaise with customers, and maintain compliance with financial processes.
The summary above was generated by AI

Who are Inchcape?

At Inchcape, our vision is to have a connected world in which our customers trade successfully and make better decisions in every port, everywhere. We use technology and our global network to help our partners connect to a smoother, smarter ocean.

Inchcape combines its worldwide infrastructure with local expertise through our global network of over 250 proprietary offices across 70 countries and a team of more than 3,000 committed professionals. Our diverse global customer base includes owners and charterers in the oil, cruise, container and bulk commodity sectors as well as naval, government and intergovernmental organisations.

We have an ambitious growth model, and a career here is certainly going to be a rewarding one that will allow you to bring your skills & experience. We embrace change and are open to new thinking and pushing for positive change in our industry.

Main Purpose of Job

  • Assist OneCape Finance Hub Team and Accounts Receivables Lead in ensuring that all daily/monthly banking requirements (payments and receipts) are completed in a timely and efficient manner.
  • Help ensure that all KPI targets and SLA requirements are achieved by applying a proactive approach and placing emphasis on key target accounts. Manage all customer-related issues effectively.
  • Liaise with internal teams / banking partners and LPA to ensure swift resolution to queries.
  • Adhere to and promote group policies, processes and ethics and compliance practices.
    Key Accountabilities
  • Maintain existing relationships, further develop and expand relationships with Principals (along with team leaders), ISS and 3rd party customers.
  • Keep record of critical communication for audit trail.
  • Adhere to already existing processes.

Specific responsibilities and accountabilities focused on accounts receivables are as follows:

 

  • Review Bank statements and record transactions into accounting system (Unit 4), ensuring the compatible method is used to ensure integrations with operational systems are not affected.
  • Possess knowledge in journal entries posting in finance system for payments & receipts.
  • Match incoming funds / payment postings with invoices, as per the requirements.
  • Liaise with the customers to chase for funds & clear the ageing bucket on regular basis.
  • Ensure Beneficiary Letter of Banking data provided meet acceptable criteria before setting up new templates for approval.
  • Perform FX payments by coordinating with payment providers, follow up the rates and make settlement to FX providers.
  • Perform Bank reconciliation in Unit 4 system, send Ageing summary on daily basis and follow up with the teams to post the entries.
  • FX bank allocations regularly and WD1 month-end books closures.
  • Provide swift copies / payment confirmations when required.
  • Ensure all stakeholder queries are resolved in a timely and efficient manner, with regular follow-up to close matters.
  • Follow up process for new Letter of banking template for refund for our customer when new bank a/c is needed.
  • Providing documentation to banks using information in financial systems when required.
  • Follow rejected/ returned payments to payment team to ensure all parties are made aware of managing business expectations.
  • Maintain working relationships internally with ISS service centers and colleagues in work location and maintain relationships with external customers.
  • Keep supervisors advised on any outstanding / performance issues relating to job details.


Key Deliverables

  • Performance Objectives agreed on an annual basis.
  • Customer Satisfaction
  • Meeting Team Targets
    Essential
  • Experience at Business Unit level with excellent communication skills.
  • Ability to meet deadlines through good time management and allocation of priorities.
  • Accounting backgrounds to understand basic book-keeping (debit/credit)
  • ERP – Unit 4 (Preferrable)
  • Banking platform – Citi Bank (preferable)
  • Bcom (General)
  • Always showing a proactive approach to work.
    Desirable
  • Process orientated
  • Experience of working in a pressurized environment as tasks are critical.
  • Good attitude & Interpersonal skills.
    Management of Risk
    I will ensure that I read, understand and comply with all company HSSE, Compliance and Ethics policies and procedures in effect on the Company’s Intranet, Athena, which may be updated from time to time- and avoid any activity that might lead to, or suggest, a breach of these policies. If there is an element of doubt, I will seek clarification. The term ‘Compliance’ covers all legislation, rules and codes in which the company must adhere to. I confirm that I will satisfactorily complete any training in relation to HSSE, Compliance and Ethics, as deemed necessary by the Company and will continually support and demonstrate the principles laid out in the ISS Code of Excellence and ISS Mission Statement. I understand that a breach of Company policies or failure to carry out necessary training may lead to disciplinary action being taken.


Why Inchcape Shipping Services?
We believe in building a diverse and high-performing workforce that works together to provide our customers with the exceptional service they deserve. To reach the highest standards, we depend on our people, their welfare, training and expertise. We realise the value of our staff and know that your unique experiences, skills and passions will help you to build a rich and rewarding career in our dynamic industry.Our values are at the centre of everything we do, and the successful candidate will be expected to demonstrate and fully adopt these:

  • A retirement savings plan
  • Life assurance
  • Holiday
  • Competitive salary
  • Employee Assistance Programme
  • Career development and progression opportunities
  • Values Award celebration events


Inchcape is an Equal Employment Opportunity Employer and equality, diversity and inclusion are at the centre of everything we do. We recognise that our customers, colleagues, contractors and other partners are central to our success and that we work in a diverse society. We acknowledge not only our legal, but also our moral responsibility to ensure all groups have equality of opportunity.
Appointment to this role will be subject to satisfactory references and possession of a valid Right to Work documentation depending upon your geographical location.
#ISSthebiggerpicture
If you think that you have the right skills, knowledge and attitude to join our team, then we invite you to apply by simply clicking at the top of this advert!
Plus, much more!
A diverse range of benefits, depending on your geographical location. Globally, as a minimum, you will receive:
In return, we will offer you:
Progress
we adopt new thinking and push for positive change in our industry.
The Power of People -
we rely on the strength of local agent knowledge and relationships.
Global Perspective-
we connect the world and see the bigger picture.
#LI-MB1
#LI-Hybrid

Top Skills

Citi Bank
Unit 4

Similar Jobs

3 Hours Ago
Remote or Hybrid
Chennai, Tamil Nadu, IND
Junior
Junior
Big Data • Fintech • Information Technology • Business Intelligence • Financial Services • Cybersecurity • Big Data Analytics
The Data Governance Business Analyst will support data governance initiatives, ensuring business processes are captured accurately and translated into solutions by investigating data lineage across systems and collaborating with stakeholders.
Top Skills: Power BITableau
3 Hours Ago
Remote or Hybrid
India
Senior level
Senior level
Fintech • Professional Services • Consulting • Energy • Financial Services • Cybersecurity • Generative AI
The Lead AI Engineer designs and delivers AI/ML and Generative AI solutions for banking platforms, integrating data and enabling AI-driven decisions.
Top Skills: AWSBedrockLambdaLangchainOpenaiPythonPyTorchS3SagemakerScikit-LearnTensorFlow
3 Hours Ago
Remote or Hybrid
India
Mid level
Mid level
Fintech • Professional Services • Consulting • Energy • Financial Services • Cybersecurity • Generative AI
The Credit Analyst performs credit underwriting for corporate clients, prepares credit proposals, conducts financial analysis, and monitors compliance with financial covenants.
Top Skills: Credit Risk AssessmentFinancial AnalysisFinancial Modelling

What you need to know about the Chennai Tech Scene

To locals, it's no secret that South India is leading the charge in big data infrastructure. While the environmental impact of data centers has long been a concern, emerging hubs like Chennai are favored by companies seeking ready access to renewable energy resources, which provide more sustainable and cost-effective solutions. As a result, Chennai, along with neighboring Bengaluru and Hyderabad, is poised for significant growth, with a projected 65 percent increase in data center capacity over the next decade.

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account