Specialist - Accounts Receivable

Bio-Rad Laboratories; Gurugram District; On-site; INR 350,000 - 480,000; Full time

Job summary

Bio-Rad Laboratories in India (Gurugram) seeks a Cash Application Associate to accurately apply payments to customer accounts and support accounts receivable functions. You will maintain ledgers, resolve discrepancies, and collaborate with internal teams.

The role requires attention to detail, experience with ERP systems and Excel, and the ability to manage multiple tasks with precision and timeliness.

Qualifications

• High school diploma or equivalent; associate or bachelor’s degree in Accounting, Finance, or related field preferred.
• Experience in accounts receivable or cash application is strongly preferred.
• Strong attention to detail and high level of accuracy in data entry.
• Proficiency with ERP systems and Microsoft Excel.
• Excellent communication and problem‑solving skills.
• Ability to work independently, manage multiple priorities, and meet deadlines.

Responsibilities

• Process and apply daily customer payments, including checks, ACH, wire transfers, and lockbox activity.
• Reconcile payment batches and ensure remittance information is recorded accurately.
• Process high volume of credit card payments and reconcile settlements.
• Prepare and apply write-offs and tax credits in coordination with collections.
• Research and resolve unapplied or misapplied cash and short pays.
• Communicate with customers, sales teams, and internal departments to obtain missing remittance details.
• Maintain documentation for audit and reporting purposes.
• Monitor customer accounts to ensure balances are current and discrepancies are addressed.
• Support month-end closing activities by preparing reports and assisting with reconciliations.
• Identify opportunities to improve cash application processes.

Skills

Attention to detail

ERP systems

Microsoft Excel

Communication skills

Problem solving

Independent work

Education

Associate or Bachelor's degree in Accounting or Finance

Tools

ERP systems

Microsoft Excel

Job description

The Cash Application Associate is responsible for accurately applying incoming payments to customer accounts, ensuring timely and precise reconciliation of financial transactions. This role supports the Accounts Receivable function by maintaining clean, up‑to‑date customer ledgers and collaborating closely with internal teams to resolve discrepancies. discrepancies.

Key Responsibilities

• Process and apply daily customer payments, including checks, ACH, wire transfers, and lockbox activity.
• Reconcile payment batches and ensure all remittance information is accurately recorded.
• Process high volume of credit card payments received from customers, including Xipay daily reconciliation and troubleshoot credit card settlement failures.
• Prepare and apply customers’ write offs and tax credits in coordination with Collection team
• Research and resolve unapplied or misapplied cash, short pays, and unidentified payments.
• Communicate with customers, sales teams, and internal departments to obtain missing remittance details or clarify payment issues.
• Maintain accurate and organized documentation for audit and reporting purposes.
• Monitor customer accounts to ensure balances are current and discrepancies are addressed promptly.
• Support month‑end closing activities by preparing reports and assisting with account reconciliations.
• Identify process improvement opportunities to enhance efficiency and accuracy within the cash application workflow.

Qualifications

• High school diploma or equivalent; associate or bachelor’s degree in Accounting, Finance, or related field preferred.
• Experience in accounts receivable or cash application is strongly preferred.
• Strong attention to detail and high level of accuracy in data entry.
• Proficiency with ERP systems and Microsoft Excel.
• Excellent communication and problem‑solving skills.
• Ability to work independently, manage multiple priorities, and meet deadlines.

Competencies

• Analytical thinking
• Customer service orientation
• Time management
• Team collaboration

Who We Are:

For 70 years, Bio-Rad has focused on advancing the discovery process and transforming the fields of science and healthcare. As one of the top five life science companies, we are a global leader in developing, manufacturing, and marketing a broad range of high‑quality research and clinical diagnostic products. We help people everywhere live longer, healthier lives. Recently voted a Best Place to Work, Bio-Rad offers a unique employee experience with collaborative teams that span the globe. Here, you are supported by leadership to build your career and are empowered to drive change that makes an impact you can see.

Benefits:

Bio-Rad's biggest asset is its people, and the reason why our Total Rewards deliver programs that provide value, quality, and inclusivity while satisfying the diverse needs of our evolving workforce. Our robust offerings serve to enrich the overall health, wealth, and wellbeing of our employees through the various stages of an employee’s work and life cycle. We’re proud to offer a variety of options, including competitive insurance plans for you and your immediate family, Annual Health checkup , Marriage Leave, Paternity Leave ,Employee Assistance Programme , extensive learning and development opportunities, and more.

EEO Statement:

Bio-Rad is an Equal Employment Opportunity/Affirmative Action employer, and we welcome candidates of all backgrounds. Veterans, people with disabilities, and people of all races, ethnicities, genders, ages, and orientations are encouraged to apply.

Agency Non-Solicitation:

Bio-Rad does not accept agency resumes, unless the agency has been authorized by a Bio-Rad Recruiting Representative. Please do not submit resumes unless authorized to do so. Bio-Rad will not pay for any fees related to unsolicited resume Legal Entity: (IND_3006)Bio-Rad Laboratories (India) Pvt Ltd