Specialist - Accounts Receivables - IT Industry

Found in: Talent IN 2A C2 - 2 weeks ago


Bengaluru, India FinAKS Advisory Services Pvt Ltd Full time

Accounts Receivables Summary:


We are seeking a highly experienced and detail-oriented Accounts Receivables Specialist with over 10 years of expertise in the IT industry. The ideal candidate will be responsible for managing the accounts receivables process efficiently, ensuring timely collections, and maintaining accurate records. They will collaborate closely with various internal teams to streamline invoicing procedures, resolve billing discrepancies, and optimize cash flow. Strong communication skills, analytical abilities, and a proven track record of success in accounts receivables management within the IT sector are essential for this Oversee the entire accounts receivables process, including invoicing, billing, and collections, in compliance with company policies and procedures.

- Manage customer accounts to ensure timely payments and reduce outstanding balances.

- Collaborate with sales, project management, and finance teams to address billing discrepancies and resolve customer issues promptly.

- Monitor and analyze accounts receivables aging reports to identify delinquent accounts and implement strategies for collections.

- Communicate effectively with clients to reconcile payment discrepancies and negotiate payment terms when necessary.

- Generate monthly financial reports on accounts receivables performance, cash flow projections, and aging analysis for management review.

- Develop and maintain strong relationships with key clients to facilitate smooth invoicing and collection processes.

- Implement and maintain automated invoicing systems and processes to improve efficiency and accuracy.

- Stay updated on industry trends, regulations, and best practices related to accounts receivables management.

- Train and mentor junior accounts receivables staff, providing guidance and support to enhance their skills and performance.

Requirements:

- Bachelor's degree in Accounting, Finance, or related field. (Master's degree preferred)

- 10+ years of progressive experience in accounts receivables management, preferably in the IT industry.

- Proficiency in accounting software and ERP systems, with advanced skills in Excel for data analysis and reporting.

- Strong understanding of accounting principles, financial analysis, and billing processes.

- Excellent communication and interpersonal skills, with the ability to interact effectively with clients, colleagues, and senior management.

- Proven track record of meeting targets and deadlines in a fast-paced environment.

- Exceptional attention to detail and accuracy in data entry and record-keeping.

- Ability to work independently as well as part of a team, with strong problem-solving and decision-making abilities.

- Familiarity with regulatory requirements and compliance standards related to accounts receivables.

(ref:iimjobs.com)
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