Job Title: Accounts Receivable & Collections Specialist
Key Responsibilities
AR Lifecycle Management
- Manage the complete Accounts Receivable lifecycle from invoicing to cash application.
- Monitor aging reports and ensure timely follow-up on outstanding balances.
- Reconcile accounts and resolve billing discrepancies.
- Process adjustments, credits, and write-offs as per company policy.
- Ensure compliance with financial controls and internal audit standards.
Collections Management
- Execute proactive collection strategies to reduce Days Sales Outstanding (DSO).
- Contact customers regarding overdue payments via phone/email.
- Negotiate payment terms and establish payment plans when necessary.
- Escalate high-risk accounts appropriately.
- Maintain detailed collection notes and follow-up schedules.
Reporting & Work queue Management
- Manage AR work queues and prioritize accounts based on aging and risk.
- Generate daily, weekly, and monthly AR performance reports.
- Track KPIs such as DSO, aging buckets, collection rate, and bad debt.
- Analyse trends and identify improvement opportunities.
- Support management with dashboards and financial insights.
Financial Analytics & Reconciliation
- Perform account reconciliations and variance analysis.
- Support cash forecasting and revenue recognition processes.
- Analyze payment patterns and customer credit risk.
- Identify root causes of delayed payments and recommend corrective actions.
Cross-Functional Collaboration
- Coordinate with Sales, Billing, Customer Service, and Finance teams.
- Support audit requirements and documentation requests.
- Assist in process improvements and automation initiatives.
- Contribute to system enhancements and ERP updates.
Required Qualifications
- Bachelor’s degree in accounting, Finance, or related field (or equivalent experience).
- 3–5+ years of experience in Accounts Receivable and Collections.
- Strong understanding of AR lifecycle and financial processes.
- Experience working with ERP systems.
- Proficiency in Excel and financial reporting tools.
- Strong analytical and problem-solving skills.
Preferred Qualifications
- Experience with large ERP systems (SAP, Oracle, NetSuite, etc.).
- Knowledge of financial analytics and KPI tracking.
- Experience handling high-volume receivables.
- Understanding of credit management practices.
Interested candidates may share resume at [email protected]
Pay: ₹25,000.00 - ₹38,000.00 per month
Work Location: In person
