Job Description

- Accounts Receivable

Position

: Senior Associate - Accounts Receivable

Role

: BPS Team Member - Information process enable

Skill

: Accounts Receivable

Experience

: 2 to 8 years

Location

: TCS Chennai

Process specific responsibilities:

We are looking for a senior associate Accounts Receivable resource, who can own the Accounts Receivable process independently and proactively deploy best practices and process improvements.
In-depth knowledge in invoicing processing work flow and Accounts Receivable journal entries.
Reconcile orders to match customer books, including validating credits or debits and sending them to customer for collection or refund
Perform general ledger reconciliations of invoices, customer's POs and collections.
Perform customer's outstanding and aging analysis.
Generate MIS (scheduled/adhoc) reports on time
Provide daily cash reports accurately and on time
Collate all remittances for the Cash/Wire/Cheque payments received and apply to the correct invoice using Remittance Advice from customers or related collectors.
Providing bank statements, remittances and correspondences received to the collectors on the same day
Ensure that the refunds are processed accurately and on time
Ensure that unidentified cash is kept to an absolute minimum as per assigned target and all outstanding items are reviewed and reported to the business units for further actions
Follow up with collectors to get details of remittances and escalate issues proactively to the team lead and AR manager
Ensure that cash is applied only based on the defined process with out exceptions
Providing details of unapplied and unidentified cash to all collectors on a daily basis and follow up proactively to get details of applications
Understanding & processing of credit card transactions and reconciliations.
Record keeping of bank statements, customer remittances, application validations and other audit related documents is maintained as per the process guidelines Audit support - Provide information on sanctioned customers, bad debt write-offs and statutory and other regulatory reports)
Process return adjustments and debit and credit memos.
Perform compliance and audit/quality checks, including but not limited to SOX controls.
Identify, verify, reconcile and/or process write-offs, reinstatements, intercompany and others.

Requirements :

Masters in Commerce / Bachelor in Commerce.
Expert knowledge on Accounts Receivable process ,reconciliations & accounting entries
4+ experience in relevant experience
A thorough knowledge of ERP system preferable.
Pro-actively solve problems & deploy best practices in Accounts Receivable
A thorough knowledge of ERP system preferable SAP
Excellent oral and written communication skills in English
Proficient skills in Excel, Word and Outlook are essential
Excellent interpersonal and communication skills in both written and oral in English
Good time management skills and flexible within role.
Remain approachable under pressure
Excellent Customer Service skills
Flexibility to work in shifts and working hours
Flexible for shifts.

Location

Chennai

Job Function

BUSINESS PROCESS SERVICES

Role

Executive

Job Id

382232

Desired Skills

Accounting | F-Accounts Receivable | Finance and Accounting
Desired Candidate Profile

Qualifications

: BACHELOR OF COMMERCE