Executive

Xylem; Vadodara; On-site; INR 450,000 - 650,000; Full time

Job summary

Xylem, a Fortune 500 global water solutions company, is seeking an Entry Accounts Payable and Receivable Analyst in Vadodara. The role focuses on accurate financial records, efficient payment processing, and effective vendor/customer communications to support our financial health.

The ideal candidate will handle AP/AR tasks, reconciliation, and data analysis while ensuring timely payments and collections. A 2–5 year track record in accounting and proficiency with ERP and Excel are preferred.

Qualifications

• A bachelor's degree in accounting, finance, business administration, or a related field.
• 2 to 5 years of practical accounting or billing experience.
• Experience with AP/AR processes and ERP/accounting software.

Responsibilities

• Process invoices from vendors, verify accuracy, and ensure timely payment.
• Enter invoice details into the accounting system and code them correctly.
• Organize weekly check runs, electronic transfers, and ACH payments to vendors.
• Reconcile accounts payable transactions and resolve discrepancies.
• Generate and send invoices to customers and monitor collections.
• Investigate and resolve payment disputes and discrepancies.
• Analyze AP/AR data to identify trends and cost-saving opportunities.
• Provide reports on collections and aging to management.
• Assess customer credit history and support credit decisions if needed.
• Recommend process improvements for AP/AR operations.

Skills

Attention to detail

Analytical thinking

Communication skills

Education

Bachelor's degree in accounting, finance, business administration, or related field

Tools

ERP systems

Excel

Accounting software

Job description

Xylem is a Fortune 500 global water solutions company dedicated to advancing sustainable impact and empowering the people who make water work every day. As a leading water technology company with 23,000 employees operating in over 150 countries, Xylem is at the forefront of addressing the world's most critical water challenges. We invite passionate individuals to join our team, dedicated to exceeding customer expectations through innovative and sustainable solutions.

Job Summary

The Entry Accounts Payable and Receivable Analyst’s role is crucial for maintaining accurate financial records, efficient payment processing, and effective communication with vendors and customers. As an integral part of our organization, this role will contribute directly to our financial health with guidance and direction from others.

Responsibilities

• Accounts Payable (AP): Invoicing and Payment Processing:
• Process invoices from vendors, verifies their accuracy, and ensures timely payment.
• Enters invoice details into the accounting system, assign appropriate codes, and prepare for payment.
• Check Runs and Electronic Transfers:
• Organize weekly check runs, electronic funds transfers, and ACH payments to ensure vendors receive payments promptly.
• Reconciliation:
• Reconciles accounts payable transactions, identifying and resolving discrepancies promptly.
• Accounts Receivable (AR): Invoicing Customers:
• Generates and sends invoices to customers for goods or services provided by the company.
• Payment Follow Up:
• Closely monitor outstanding payments, follow up with customers, and ensure timely collections.
• Discrepancy Resolution:
• If there are discrepancies or disputes related to payments, the analyst investigates and resolves them efficiently.
• Data Analysis:
• Utilizes AP/AR data to identify trends, inefficiencies, and opportunities for process improvements or cost savings.
• Generate reports on collections, account ages, and other relevant metrics, providing valuable insights to management.
• Credit Assessment:
• Assess customer credit history, determines credit risk, and recommends appropriate credit limits and payment terms.
• Process Improvements:
• May recommend enhancements to accounts payable/receivable processes to streamline operations.

High Impact Behaviors

• Continuous Professional Development: Professionals should be committed to lifelong learning, seeking out opportunities for self improvement, and staying abreast of industry trends and best practices.
• Collaboration and Teamwork: Effective professionals understand the value of collaboration. They work well with others, contribute to team goals, and understand that diverse perspectives can lead to better solutions.
• Results Driven Performance: High performing professionals focus on delivering results. They set high standards for their own performance and are committed to achieving objectives efficiently and effectively.

Qualifications

• A bachelor’s degree in accounting, finance, business administration, or a related field with experience of 2 to 5 years that provides exposure to fundamental theories, principles, and concepts.
• Practical experience in accounting or billing.

Preferred Qualifications

• Certifications such as the Certified Accounts Payable Professional (CAPP) or Certified Accounts Receivable Professional (CARP).

Skills

• Strong mathematical skills and proficiency in accounting software.
• Attention to detail, strong problem solving, and analytical skills.
• Experience with ERP systems and Microsoft Office, especially Excel and Word.

Join the global Xylem team to be a part of innovative technology solutions transforming water usage, conservation, and re-use. Our products impact public utilities, industrial sectors, residential areas, and commercial buildings, with a commitment to providing smart metering, network technologies, and advanced analytics for water, electric, and gas utilities. Partner with us in creating a world where water challenges are met with ingenuity and dedication; where we recognize the power of inclusion and belonging in driving innovation and allowing us to compete more effectively around the world.

Our talent community is a great way to stay connected to learn more about our high impact culture initiatives and latest career opportunities!

Our goal is to optimize water access and quality, and promote responsible consumption, so that communities across the globe can thrive. Through Xylem Watermark, our Corporate Citizenship Program, we provide and protect safe water resources for communities around the world by engaging all stakeholders and educating about water issues.

Learn more by clicking here – Working at Xylem (https://www.xylem.com/en-us/careers/working-at-xylem/)

Inclusion and Belonging at Xylem

Inclusion and Belonging are fundamental to how we enable our customers to tackle global water challenges.

Learn more about our commitment to Inclusion and Belonging. (https://www.xylem.com/en-us/careers/inclusion-and-belonging/)