Senior Accounts Receivable Specialist

Allucent; Bengaluru; On-site; INR 2,500,000 - 4,500,000; Full time

Benefits offered by this job

Flexible Working hours within reason

Departmental Study/Training Budget

Buddy Program

Job summary

Allucent in Bengaluru, India is seeking an Accounts Receivable Senior Specialist to manage end-to-end AR and project billing, including T&M, milestones, and pass-through invoices. The role ensures accurate cost capture, contract compliance, and timely revenue realization while coordinating with Project Financial Analysts, PMs, and Global Finance.

You will generate AR reports, resolve billing issues, and support process improvements within ERP systems and MS Office tools.

Qualifications

• Bachelor’s degree in accounting (or closely related field).
• 8–10 years of accounting experience, AR/project billing exposure.
• Experience with Dynamics 365 or ERP AR invoicing is preferred.

Responsibilities

• Project Billing & Invoicing: prepare and process project-related billings (T&M, milestones, pass-through, investigator payments, grants, advance invoices).
• Accounts Receivable & Reconciliations: monitor AR aging, perform monthly sponsor reconciliations, process payments and refunds.
• Intercompany & Pass-Through Costs: handle intercompany transactions and pass-through costs.
• Issue Resolution & Process Improvement: resolve billing/credit issues and drive AR/billing improvements.
• Collaboration & Special Projects: work with Project Financial Analysts, PMs, and Global Finance on status and analyses.

Skills

Dynamics 365

AR billing

Excel

General accounting

Attention to detail

Time management

Communication

Education

Bachelor's degree in accounting

Tools

ERP system

Job description

At Allucent™, we are dedicated to helping small-medium biopharmaceutical companies efficiently navigate the complex world of clinical trials to bring life-changing therapies to patients in need across the globe.

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

• ReviewingUnbilled revenue on monthly basis.
• 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
• Creating AR reports – unbilled report, AR aging report and On-account report.
• Coordinating closely withProject Financial Analysts, Project Managers, and Global Finance

The role aims to ensure accurate and timely revenue realization while maintaining adherence to accounting policies and sponsor contracts and improving AR process efficiency.

Key Responsibilities

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).
• 8-10 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.