Senior Associate AR

Davies Group; Pune District; On-site; INR 600,000 - 900,000; Full time

Job summary

Davies Group in Pune seeks a Senior Associate AR to manage cash collections and cash applications, month-end activities, and customer reconciliations. You will work with internal and external stakeholders to deliver excellent service and ensure timely invoice processing.

The role requires at least 3 years in Accounts Receivable, experience in a shared services environment, and a Commerce degree. Knowledge of ERP systems and strong analytical skills are essential.

Qualifications

• Minimum 3 years’ experience in Accounts Receivable.
• Experience in a shared services environment is preferred.
• Bachelor of Commerce degree or related.

Responsibilities

• Timely collection of debtors and accurate cash application of customer receipts; month end activities.
• Matching customer payments against billing and resolving discrepancies.
• Identifying and resolving unidentified cash and unapplied balances.
• Ensuring billing matches customer receipts and resolving discrepancies.
• Processing of customer credit notes in line with Davies policies.
• Track customer queries and drive resolution via escalation routes.
• Ensure receipts processing is tax compliant at group or unit level.
• Provide excellent support to customers and internal contacts for timely invoice queries.
• Reconcile customer statements to Davies records in the ERP system.
• Perform reviews/audits on receipts and cash applications per approvals and Davies policies.
• Prepare Master Data customer creation/change requests with validation of data.

Skills

Accounts Receivable

Analytical thinking

Communication skills

Attention to detail

ERP systems

Education

Bachelor of Commerce

Tools

ERP systems

Job description

Senior Associate AR

Department: Accounting & Finance

Employment Type: Permanent - Full Time

Location: Pune

Reporting To: Raju Sulebhavi

Description

This position will report into the Team Lead, Accounts Receivable, responsible for cash collections and cash applications, unapplied cash and other AR activities including month-end activities, customer account reconciliations and delivering against agreed SLA’s and KPI’s; identifying any issues when they occur, working with internal and external stakeholders to provide excellent service to Davies Group internal and external customers.

Key Responsibilities

• Timely collection of debtors outstanding and accurate cash application of customer receipts, customer account reconciliations & month end activities within any of the ERPs in use across the Business Units in scope of the SSC
• Matching customer payments against billing and accurate, timely resolution of problems related to discrepancies.
• Identifying and resolving all unidentified cash and unapplied cash balances
• Working with the billing teams to ensure billing matches customer receipts and resolving any discrepancies.
• Processing of customer credit notes as appropriate adhering to Davies policies Ensure that debtors accounts are reconciled, and receipts processing adhere to the respective control framework & approval protocols in place.
• Track customer queries & complaints and drive resolution via the appropriate escalation routes within the relevant business functions (i.e., billing, operations, finance, etc.)
• Ensure that all customer receipts processing is tax compliant according to guidelines, at group and/or at business unit level.
• Deliver excellent support to customers, employees, and other internal contacts to ensure queries related to customer invoices are processed on a timely basis. Ensure timely processing of all Accounts Receivables activities to support the monthly/quarterly/annual close periods.
• Reconcile customer statements to Davies records in the ERP system, highlighting any identified discrepancies and following up
• Perform reviews and audits on customer receipts and cash applications comply with requirements including having appropriate approvals and that they follow Davies Policies
• Prepare Master Data customer creation/change requests for approval and processing, ensuring that the appropriate controls are observed including validation of data such as VAT/Tax numbers, bank details, address changes etc.

Skills, Knowledge and Expertise

• Minimum 3 years’ experience in Accounts Receivable
• Previously worked in a shared services environment
• Batchelor of Commerce degree or related
• Knowledge of financial accounting, process, and systems. Good working knowledge and experience of ERP’s
• Strong analytical and problem-solving skills. Analytical Thinking - acquiring a proper understanding of a problem or situation by breaking it down systematically into its component parts and identifying the relationships & linkages between processes.
• Ability to set clear priorities and objectives.
• Relevant Accounts Receivable experience of at least 2 years working in AR within a shared services environment.
• Excellent written and verbal communication skills, ability to articulate complex information.
• Attention to detail, and accurate fact-based interpretation