About Nexinfo:
NexInfo is a premier consulting firm founded in 1999. We have been in business for 26+ years and work with clients of all sizes to achieve Operational Excellence’ using a blend of knowledge in both Business Processes and Software Consulting. We offer implementation and managed services for businesses across many industries including Manufacturing, Pharmaceuticals, Biotech, Medical Devices, Industrial Automation, Automobile Industry, and many more. We have a global footprint across North America, Europe and Asia with a majority of clients distributed across North America with a team size of 300+ employees and our headquarters in California, USA.
Role Overview:
We are seeking an experienced and detail-oriented Accounts Payable and Accounts Receivable Consultant to join our finance team. This consultant role will focus on managing and optimizing both the accounts payable (AP) and accounts receivable (AR) processes. The individual will ensure accurate and timely processing of invoices, payments, and collections, as well as provide financial reporting and analysis to help improve cash flow and operational efficiency. Quick Books.
Key Responsibilities:
Accounts Payable (AP):
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Invoice Processing: Review and process vendor invoices accurately and in a timely manner, ensuring compliance with company policies.
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Payment Processing: Schedule and execute payments (ACH, wire transfers, checks), ensuring on-time payment to suppliers and contractors.
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Vendor Relationships: Communicate and resolve any issues with vendors regarding payments or discrepancies in billing.
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Account Reconciliation: Perform monthly reconciliation of accounts payable to the general ledger, ensuring proper coding and accurate financial reporting.
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Reporting: Prepare regular AP reports, track outstanding invoices, and assist in the preparation of cash flow forecasts.
Accounts Receivable (AR):
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Invoice Creation & Distribution: Generate and issue invoices to customers based on service agreements, contracts, or sales orders, ensuring accuracy.
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Collections: Manage customer accounts by contacting clients to follow up on overdue invoices and working to resolve billing disputes or payment issues.
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Cash Application: Accurately apply incoming payments to customer accounts and reconcile discrepancies, ensuring timely and correct posting of payments.
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Aging Reports: Monitor AR aging reports, track overdue accounts, and escalate unresolved issues to senior management when necessary.
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Customer Communication: Serve as the main point of contact for customers regarding invoicing and payment inquiries, maintaining positive client relationships.
General Responsibilities:
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Process Optimization: Identify and implement best practices for AP and AR processes to improve efficiency, reduce errors, and streamline operations.
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Cross-Functional Collaboration: Work closely with other departments such as Procurement, Sales, and Operations to ensure accurate billing, payment processing, and financial reporting.
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Compliance & Internal Controls: Ensure AP and AR processes comply with company policies, accounting standards (US GAAP), and regulatory requirements.
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Reporting & Documentation: Support month-end close activities and assist in the preparation of financial statements, aging reports, and reconciliations.
Qualifications:
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Education: Bachelor's degree in Accounting, Finance, or related field (required). CPA or equivalent certification is a plus.
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Experience: 3-5 years of experience in Accounts Payable and Accounts Receivable within a corporate finance or accounting environment.
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Technical Skills:
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Proficiency in accounting software (e.g., QuickBooks, SAP, Oracle, NetSuite) and advanced knowledge of Excel (pivot tables, VLOOKUP, etc.).
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Familiarity with US accounting principles (US GAAP).
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Skills:
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Strong analytical, organizational, and problem-solving skills.
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Excellent communication skills for vendor and customer interaction.
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Ability to manage competing priorities and meet deadlines.
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Detail-oriented with a focus on accuracy and efficiency.
Preferred Qualifications:
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Experience with large-scale enterprise resource planning (ERP) systems.
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Experience working in industries such as manufacturing, retail, or service-based companies.
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Familiarity with multi-state and multi-jurisdiction tax regulations.
Shift : PST 8.30pm to 6am IST
Work mode: Remote(Work from Chennai office if any deliverable issues)
Location : Chennai
