About this role
Strong knowledge of Cash Application, Wire, Lockbox, Manual and Auto Payments, credit and collections.
• Basics accounting knowledge. • Sound knowledge of Cash Application, Wire, Lockbox, Manual and Auto Payments • O2C/AR Cycle • Understanding on Suspense Accounts, Unidentified payments, Aging reporting • Manage collections on high value portfolios and follow-up onoverdue receivables • Execute dunning process and track collection effectiveness • Review AR aging and prioritize high-risk accounts • Engage with customers to resolve payment delays • Recommend account blocks and credit actions • Handle queries, raising disputes & driving resolution • Support credit hold/release decisions based on risk & monitorcredit exposure • Support month-end close reconciliations and collection reporting • Ensure adherence to SLAs and collection targets • Adhere to client internal control framework and support audits checks • Ability to identify inefficient/ineffective processes and develops recommendations to enhance controls and efficiency. • Providing coaching and feedback to team members to enable them to improve their performance • Handling Escalation • Provide inputs on process and system to the team • Ability to research on the exception item and being responsible to clear the aged items • Follow-up with Sales & other teams for any pending and unresolved items. • Good Knowledge in SAP S4 • Assign work to the team members on a daily basis • Review daily transactions & monitor completion of work
• Qualifications Graduate/Masters in Accounting • Good accounting knowledge which includes, preparation of JE and AR knowledge(Cash Application, Billing, Disbursement) • Strong understanding of collections and AR lifecycle • Hands-on experience in dunning and recovery processes • At least 6-9 years of operational experience • Basic Excel skills and knowledge of SAP is desired • Strong numerical skills with an attention to detail • Good written and Oral communication skills • Ability to prioritize & multi-task • Exhibits meticulous attention to detail • Excellent problem solving & analytical skills