Accountant I - Accounts Receivable

Job Overview

Develops, implements and/or maintains one or more accounting systems: Journal entries, General Ledger, Accounts Receivables, Accounts Payable, Revenue Reconciliation, Cash Flows, etc. in accordance with GAAP policies and procedures. Designs operational procedures and processes that meet audit standards and improve efficiency

Roles & Responsibility:

RESPONSIBILITIES:

As a member of credit & collection team, this position will work within the entire Order to Cash cycle and focus on, collections, cash application support, customers account reconciliation, maintain healthy DSO and related bad debt analysis.-  

•Ensure trade Customer’s collection operations function smoothly and effectively
•Publish monthly statement of accounts to customers 
•Represent Credit & Collections with internal and external personnel (Sales, Customer Service, Logistics ), build inter-departmental relationships, streamline processes and procedures, communicate new initiatives, and resolve any disputes or issues
•Monitor accounts to identify overdue payments, research & resolve all kind of disputes.
•Reviews collection reports to ascertain status of collections and balances outstanding.
•Formulate collections Target based on past due AR on Monthly with weekly cash forecast
•Prepare various periodic reports as requested by Management
•Ability to work independently and proactively to develop solutions with minimal guidance.
•Manage the complete Cash Application Process Support
•Excel Skills ( Reporting Knowledge, building of AR Dashboard: Sales, Aging reports, Collections Target, DSO, etc.)
•To work closely with internal and external stakeholders to identify and resolve issues
•Make collection calls to assure assigned accounts are kept current and invoices are being paid
•Contact customers to secure payments and resolve billing disputes and maximizes receivable recoveries providing professional and attentive services that preserves the ongoing relationship with each customer
•Reviews Customers Credit limits & Annual Credit Evaluation as Per TE Global Policies
•Credit Review & Approve for customer master creation – as per global Policy
•Customer Visits wherever Business demands / Sales team Request
•Monthly Review with Top Management & Respective Business Unit on AR collection Status
•All Internal and External Audit support for Credit & Collections
  

EDUCATION/KNOWLEDGE:

•B.Com & MBA Finance.   

CRITICAL EXPERIENCE:

•Minimum 3-4 years of experience with similar MNCs 
 

Competencies