Sr Accounts Receivable Specialist

5264 Syneos Health India Private Limited; Gurugram District; On-site; INR 600,000 - 900,000; Full time

Job summary

Syneos Health India Private Limited is seeking a Sr Accounts Receivable Specialist to manage cash application operations and AR reconciliations. You will analyze deposits, post payments accurately, and drive process improvements to enhance efficiency and control.

You will mentor junior staff and collaborate with internal teams to ensure timely, compliant financial activity. The role requires strong attention to detail, experience with cash applications, and a proactive mindset to optimize the

Qualifications

• Oversee daily AR operations and cash postings.
• Perform complex reconciliations between deposits and AR ledger.
• Identify and implement process improvements for accuracy and efficiency.
• Prepare detailed cash applications reports and analytics.
• Mentor junior staff and collaborate with internal stakeholders.

Responsibilities

• Oversee the daily operations of the cash application process, ensuring payments are posted accurately and timely.
• Perform complex reconciliations between deposits and the accounts receivable ledger, resolving any discrepancy.
• Identify and implement process improvements to enhance efficiency, accuracy, and control in the cash applications process.
• Generate and analyze detailed reports on cash applications activities, providing insights and recommendations to management.
• Mentor and guide junior staff (interns), fostering a culture of continuous learning and development with the team.
• Collaborate with internal and external stakeholders to resolve application issues, improve the order-to-cash cycle, and maintain a high level of customer satisfaction.
• Ensure compliance with internal policies and external regulations related to cash applications and financial transactions.
• Assist with internal and external audits, providing necessary documentation and explanations for cash applications activities.
• Oversee the processing of customer refunds, ensuring they are executed promptly and in accordance with company policies and procedures.
• Coordinate with Accounts payables, Business finance and accounting to finalize the project reconciliations.
• Identify opportunities for process improvement to enhance efficiency and customer satisfaction.
• Good understanding of Revenue and Invoicing across direct and indirect to process final adjustments to the revenue before project is fully closed.

Skills

Accounts Receivable

Cash Application

Reconciliations

Process Improvement

Audit Support

Education

High School or GED

Job description

Sr Accounts Receivable Specialist Syneos Health® is a leading fully-integrated life sciences services organization built to accelerate customer success. We partner with innovators at every point across the drug development and commercialization continuum, helping them navigate complexity, anticipate change and accelerate progress. Every day we perform better because of how we work together, as one team, each the best at what we do. We bring together talented experts across a broad spectrum of business critical corporate functions. Every role plays an essential part in enabling our customers to achieve their goals. Our teams are agile, collaborative, and committed to delivering—for each other, for our customers, and ultimately for the people who rely on the services we support.

Discover what your 25,000 future colleagues already know: Why Syneos Health

• We are passionate about developing our people, through career development and progression; supportive and engaged line management; technical and therapeutic area training; peer recognition and total rewards program.
• We are committed to building an inclusive culture – where you can authentically be yourself. Central to this is our purpose – Driven to Deliver – which captures the passion of our colleagues to show up each day and shape solutions that have the ability to dramatically impact someone’s life.
• We are continuously building the company we all want to work for and our customers want to work with.
• Why? Because we know that when we bring together smart colleagues from across the world, we can shape the future of healthcare, driving impact for customers and defining the pace of patient progress.

Job Responsibilities

• Core Responsibilities Oversee the daily operations of the cash application process, ensuring payments are posted accurately and timely.
• Perform complex reconciliations between deposits and the accounts receivable ledger, resolving any discrepancy.
• Identify and implement process improvements to enhance efficiency, accuracy, and control in the cash applications process.
• Generate and analyze detailed reports on cash applications activities, providing insights and recommendations to management.
• Mentor and guide junior staff (interns), fostering a culture of continuous learning and development with the team.
• Collaborate with internal and external stakeholders to resolve application issues, improve the order-to-cash cycle, and maintain a high level of customer satisfaction.
• Ensure compliance with internal policies and external regulations related to cash applications and financial transactions.
• Assist with internal and external audits, providing necessary documentation and explanations for cash applications activities.
• Oversee the processing of customer refunds, ensuring they are executed promptly and in accordance with company policies and procedures.
• Coordinate with Accounts payables, Business finance and accounting to finalize the project reconciliations.
• Identify opportunities for process improvement to enhance efficiency and customer satisfaction.
• Good understanding of Revenue and Invoicing across direct and indirect to process final adjustments to the revenue before project is fully closed.

Qualifications

Education Requirements Minimum High School or GED Disclaimer Tasks, duties, and responsibilities as listed in this job description are not exhaustive. The Company, at its sole discretion and with no prior notice, may assign other tasks, duties, and job responsibilities. Equivalent experience, skills, and/or education will also be considered so qualifications of incumbents may differ from those listed in the Job Description. The Company, at its sole discretion, will determine what constitutes as equivalent to the qualifications described above. Further, nothing contained herein should be construed to create an employment contract. Occasionally, required skills/experiences for jobs are expressed in brief terms. Any language contained herein is intended to fully comply with all obligations imposed by the legislation of each country in which it operates, including the implementation of the EU Equality Directive, in relation to the recruitment and employment of its employees. The Company is committed to compliance with the Americans with Disabilities Act, including the provision of reasonable accommodations, when appropriate, to assist employees or applicants to perform the essential functions of the job. US ONLY Years of experience required: 3 years of related experience.

Physical Requirements

Position requires: ability to occasionally move about inside the office to access filing cabinets, office equipment, etc. and to move between office locations; ability to maintain a stationary position for prolonged periods of time; ability to occasionally manipulate (e.g., lift, carry, move) office items and packages of light to medium weights of 10-35 pounds; ability to constantly operate a computer and other office productivity equipment (e.g., scanner, phone, printer, copier); ability to perceive and assess written materials for prolonged periods of time; and ability to frequently communicate with colleagues on the phone, by email, and in-person.

Work Environment

This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, and filing cabinets. The noise level in the work environment is low. This is a largely sedentary role.

Get to know Syneos Health

Over the past 5 years, we have worked with 94% of all Novel FDA Approved Drugs, 95% of EMA Authorized Products and over 200 Studies across 73,000 Sites and 675,000+ Trial patients. No matter what your role is, you’ll take the initiative and challenge the status quo with us in a highly competitive and ever-changing environment.

Learn more about Syneos Health. http://www.syneoshealth.com

Discover what our Syneos Health colleagues already know: work here matters everywhere.

Work alongside the brightest minds in the biopharmaceutical industry taking down walls and removing barriers to speed our customers’ delivery of important therapies to patients. We are strategic thinkers who actively seek different perspectives, whether across offices or across oceans. Because we solve some of the toughest challenges facing the most prestigious healthcare companies today, you'll gain exposure and be supported with comprehensive resources including emerging technologies, data, science and knowledge sharing. The diversification and breadth of Syneos Health creates a multitude of career paths and employment opportunities.

We’re a growing, global company dedicated to advancing our talent past their initial role. Discover our 29,000 employees already know: work here matters everywhere. We work hard, and smart, all in the name of getting much-needed therapies to those who need them most. A career with Syneos Health means your everyday work improves patients’ lives around the world.

A career with Syneos Health

Selecting us as an employer secures a career in which you’re guaranteed to: Partner with the most diverse team of experts in the industry. From the top down, our people are inspiring. Everyone has a voice and is encouraged to use it. Work in specialized Syneos Health teams that are therapeutically or functionally aligned for expert collaboration. We assemble clinical teams where everyone, from CRAs to senior management, is skilled in the same therapeutic area or customer teams. With this structure, everyone on your team speaks the same language and can deliver unique insights into the therapeutic environment and patient population. We are partners with purpose. We integrate seamlessly with our customers and do what’s best for their success. Our people provide the brilliant ideas, valuable insights and endless energy that accelerates the impact of life changing therapies worldwide.