Accounts Receivable Specialist

Allucent; Bengaluru; On-site; INR 700,000 - 1,200,000; Full time

Benefits offered by this job

Flexible Working hours

In-office 2 days per week

Buddy Program

Job summary

Allucent is seeking an Accounts Receivable Specialist to manage end-to-end AR and project billing, including invoicing, cost capture, and contract compliance. You will work closely with Project Financial Analysts, Project Managers, and Global Finance to ensure timely and accurate billing across multiple invoice types.

Ideal candidates have 6–8 years of accounting experience with AR/project billing exposure, proficient Excel skills, and hands-on Dynamics 365 or comparable ERP experience.

Qualifications

• Bachelor’s degree in accounting or closely related field.
• 6–8 years of accounting experience, preferably including AR/project billing exposure.
• Expertise with Dynamics 365 preferred, or similar ERP with AR billing and project invoicing.
• Advanced MS Office skills (Excel) and common accounting software.
• Strong understanding of GAAP, AR processes, and project cost accounting.

Responsibilities

• Handle end-to-end AR and project billing activities including monitoring AR aging and sponsor accounts.
• Prepare and process project-related invoices (T&M, milestones, fixed fee, pass-through, grants, advances).
• Ensure accurate cost capture, documentation, and contract compliance for invoices.
• Resolve billing, credit and documentation issues; coordinate with Project Financial Analysts, PMs, and Global Finance.
• Assist with intercompany and pass-through costs; support special projects and analyses as needed.

Skills

Communication skills

Time management

Organizational skills

Collaborative teamwork

MS Excel

Dynamics 365 / ERP experience

AR / project billing

Education

Bachelor’s degree in accounting

6–8 years accounting experience

Tools

Dynamics 365

ERP system

Accounting software

Job description

TheAccounts Receivable Specialistis responsible for end‑to‑end AR and project billing activities, including:

• MonitoringAR agingand sponsor accounts
• Preparing and processingproject-related invoices(T&M, milestones, fixed fee, pass-through, investigator payments, grants, advances)
• Ensuring accuratecost capture, documentation, and contract compliance
• Resolvingbilling, credit and documentation issues
• Coordinating closely withProject Financial Analysts, Project Managers, and Global Finance.
• 1. Project Billing & Invoicing
• Prepare and processproject-related billings(Time & Material, Milestone, Pass-Through, Investigator payments, grants, advance invoices) in line with sponsor contracts, purchase orders, and proposal specifications.
• Handle multipleinvoice typesincludingT&M, progress, fixed fee, and milestone-based invoices, ensuring accuracy, timeliness, and compliance.
• Ensureall costs are properly accounted for, with correct descriptions and appropriate supporting documentation.
• verify that project specifications and contractual terms are correctly reflected in all invoices.
• 2. Accounts Receivable & Reconciliations
• MonitorAR ageingand follow up on outstanding balances in coordination with internal stakeholders.
• Performmonthly sponsor/client reconciliations, investigating historical data and resolving discrepancies.
• Processincoming payments and refunds and ensure accurate application to customer accounts.
• Supportbank payment activities, helping ensure integrity of accounting policy application.
• 3. Intercompany & Pass-Through Costs
• Be conversant withAccounts Payable and Accounts Receivableprocesses.
• Handleintercompany transactionsandpass-through costsrelated to projects, ensuring correct treatment and documentation.
• 4. Issue Resolution & Process Improvement
• Identify and resolvebilling and credit issues, including documentation gaps or contract mismatches.
• Address sponsor/client inquiries related to invoices, payments, and reconciliations.
• Contribute toprocess efficiency improvementsin AR and billing workflows, including use of ERP and reporting tools.
• 5. Collaboration & Special Projects
• Work closely withProject Financial Analysts, Project Managers, and Global Financeto align billing with project status and contracts.
• Supportspecial projects and analysesas requested (e.g., revenue/billing analysis, AR ageing reviews).

Education & Experience

• Bachelor’s degree in accounting(or closely related field).
• 6–8 years of accounting experience, preferably including significantAR / project billingexposure.

Technical Skills

• Expertise with Dynamics 365preferred, or demonstrated experience with a similarERP system, particularlyAR billing and project invoicing.
• Advanced skills inMS Office (especially Excel)and commonaccounting software.
• Strong understanding ofgeneral accounting principles, AR processes, and project cost accounting.

Soft Skills

• Excellent communication skillswith proficiency in English (written and verbal.
• High attention to detail, accuracy, and documentation quality.
• Strong organizational and time‑management skills; ability to manage multiple projects and deadlines.
• Ability to work collaboratively with global, cross‑functional teams (Finance, Project Management, operations).

Benefits of working at Allucent include:

• Comprehensive benefits package per location
• Competitive salaries per location
• Departmental Study/Training Budget for furthering professional development
• Flexible Working hours (within reason)
• Leadership and mentoring opportunities
• Participation in our enriching Buddy Program as a new or existing employee
• Internal growth opportunities and career progression
• Financially rewarding internal employee referral program
• Access to online soft-skills and technical training via GoodHabitz and internal platforms
• Eligibility for our Spot Bonus Award Program in recognition of going above and beyond on projects
• Eligibility for our Loyalty Award Program in recognition of loyalty and commitment of longstanding employees.

About Allucent

Our mission is to help bring new therapies to light. When you work at Allucent, that means applying your unique skill set, expertise, and knowledge to build partnerships with our clients in their pursuit to develop new, life-improving treatments.

If you're passionate about helping customers develop new pharmaceuticals and biologics; have an entrepreneurial spirit; and ready to join other science, business, and operations leaders, we would love to get to learn more about how we can help each other grow.

Together we SHINE. find more information about our values.

Disclaimers:

*Our in-office work policy encourages a dynamic work environment, prescribing 2 days in office per week for employees within reasonable distance from one of our global offices. For this role you can be home-based.

“The Allucent Talent Acquisition team manages the recruitment and employment process for Allucent (US) LLC and its affiliates (collectively “Allucent”). Allucent does not accept unsolicited resumes from third-party recruiters or uninvited requests for collaboration on any of our open roles. Unsolicited resumes sent to Allucent employees will not obligate Allucent to the future employment of those individuals or potential remuneration to any third-party recruitment agency. Candidates should never be submitted directly to our hiring managers, employees, or human resources.”