Accounts Receivable Analyst

Deloitte US-India Offices; Hyderabad; On-site; INR 400,000 - 620,000; Full time

Job summary

Deloitte US-India Offices in Hyderabad seeks a Jr Associate to manage cash receipts and reconcile payments with invoices. You will ensure accurate posting, proper coding, and timely reporting while coordinating with multiple teams to resolve discrepancies.

The role emphasizes attention to detail, numerical accuracy, and teamwork in a fast-paced environment, with opportunities to streamline processes and enhance controls.

Qualifications

• 3–7 years experience in O2C processes.
• B. Com or BBA or similar 3-year graduate course.
• Strong analytical, problem-solving and organizational skills.
• Able to work independently and as part of a team.
• Strong attention to detail and ability to meet deadlines.
• Good written and verbal communication.

Responsibilities

• Daily reconciliation of incoming cash receipts with open invoices and accounts receivable records.
• Investigate and resolve discrepancies between bank deposits and system records.
• Accurately apply payments to customer accounts in the financial system.
• Ensure proper coding and classification of transactions.
• Identify and investigate variances between expected and received payments.
• Collaborate with internal teams, such as sales and customer service, to resolve payment discrepancies and billing issues.
• Maintain detailed records of cash transactions, adjustments, and reconciliations.
• Prepare and distribute regular reports on cash application status and outstanding receivables.
• Propose and implement changes to streamline workflows and reduce errors.

Skills

Analytical skills

Problem solving

Organizational skills

Attention to detail

Communication skills

Teamwork

Independent work

Education

B. Com, BBA or similar 3-year graduate course

Job description

Level : Jr Associate

As a Jr Associate, you will play a crucial role in the financial operations of our organization by ensuring accurate and timely processing of cash receipts. Your primary responsibility will be to reconcile incoming payments with outstanding invoices, identify discrepancies, and collaborate with various departments to resolve issues. The ideal candidate will possess strong analytical skills, attention to detail, and the ability to work efficiently in a fast-paced environment.

Work youll do:

• Daily reconciliation of incoming cash receipts with open invoices and accounts receivable records.
• Investigate and resolve discrepancies between bank deposits and system records.
• Accurately apply payments to customer accounts in the financial system.
• Ensure proper coding and classification of transactions.
• Identify and investigate variances between expected and received payments.
• Collaborate with internal teams, such as sales and customer service, to resolve payment discrepancies and billing issues.
• Maintain detailed records of cash transactions, adjustments, and reconciliations.
• Prepare and distribute regular reports on cash application status and outstanding receivables.
• Propose and implement changes to streamline workflows and reduce errors.

The Team - Enterprise Operations as A Service

The Enterprise Operations Portfolio is a collection of Offerings that helps clients achieve the maximum possible impact and value from their investments in Finance, Supply Chain and IT operations. By taking a holistic view of these key business functions from strategy articulation through process design and technology enablement, we can help our clients navigate their challenges while operating components of their business.

As our clients drive towards their digital future, Finance, Supply Chain, and IT play an increasingly important role in how these organizations interact with their customers, suppliers, and other key stakeholders. By combining our strategy, operations improvement, implementation, and operate capabilities, we can be more creative in how we deploy our resources and drive innovation at market pace.

Qualifications:

• Should have 3 - 7yrs experience O2C Process
• B. Com, BBA or similar 3-year graduate course
• Good analytical, problem-solving, and organizational skills.
• Ability to work independently and as part of a team.
• Strong attention to detail and ability to meet strict deadlines.
• Good communication skills, both written and verbal.

Education:-

• B. Com / BBA or similar 3 year graduate course