ColorTokens - Specialist - Accounts Receivable/Order To Cash

Job Title: Accounts Receivable Specialist Order to Cash.

Location: Bangalore (on site).

Experience Level: 5+ years.

Education: B.Com / CA / MBA (Finance).

About ColorTokens.

At ColorTokens, we empower businesses to stay operational and resilient in an increasingly complex cybersecurity landscape.

Breaches happen-but with our cutting-edge ColorTokens Xshield- platform, companies can minimize the impact of breaches by preventing the lateral spread of ransomware and advanced malware.

We enable organizations to continue operating while breaches are contained, ensuring critical assets remain protected.

Our innovative platform provides unparalleled visibility into traffic patterns between workloads, OT/IoT/IoMT devices, and users, allowing businesses to enforce granular micro-perimeters, swiftly isolate key assets, and respond to breaches with agility.

Recognized as a Leader in the Forrester Wave: Microsegmentation Solutions (Q3 2024), ColorTokens safeguards global enterprises and delivers significant savings by preventing costly disruptions.

Our culture:

We foster an environment that values customer focus, innovation, collaboration, mutual respect, and informed decision-making.

We believe in alignment and empowerment so you can own and drive initiatives autonomously.

Self-starters and high-motivated individuals will enjoy the rewarding experience of solving complex challenges that protect some of world's impactful organizations be it a children's hospital, or a city, or the defense department of an entire country.

Company Overview:

ColorTokens is a fast-growing cybersecurity product company that is redefining the way enterprises protect their digital assets.

Our market-leading Xshield platform enables Zero Trust microsegmentation and real-time visibility into application traffic, ensuring robust protection against modern cyber threats.

We are looking for passionate and driven individuals to join our mission in building cutting-edge security products.

Job Summary:

- We are seeking an experienced Accounts Receivable Specialist to manage the end-to-end Order-to-Cash (O2C) process.

- The ideal candidate will have a strong background in Accounts Receivable within IT or SaaS environments and basic understanding of revenue recognition principles under both US GAAP and India GAAP.

- This role requires attention to detail, excellent coordination across departments, strong analytical skills, and a proactive approach to collections, customer relationship management, and financial reporting.

Key Responsibilities:

- Manage the complete Accounts Receivable cycle, including invoicing, collections, cash application, and credit memos.

- Generate and send timely order confirmations to customers.

- Analyse customer orders and update the internal Order Booking Report accordingly.

- Prepare and manage a comprehensive Billing Plan aligned with customer orders and project milestones.

- Generate and issue accurate invoices based on billing schedules and project status.

- Monitor accounts to identify outstanding debts and follow up with customers for timely payments.

- Record incoming payments and prepare detailed Cash and Collection Reports.

- Coordinate with delivery and project teams to track progress and ensure accurate and timely billing.

- Ensure revenue recognition is in compliance with US GAAP and India GAAP standards.

- Prepare and analyse AR aging reports and DSO metrics to support financial planning and risk control.

- Ensure compliance with internal controls, corporate policies, and audit requirements.

- Collaborate with internal stakeholders (sales, legal, delivery) to resolve contract, billing, and collection disputes.

- Drive continuous process improvements to enhance efficiency and reduce aged receivables.

- Maintain up-to-date and accurate records of all customer accounts, correspondence, and payment histories.

- Support internal and external audits with necessary documentation and process transparency.

Preferred Qualifications:

- Minimum 5 years of experience in Accounts Receivable, with a strong preference for candidates from ITES or SaaS industries.

- Proven experience in managing end-to-end order-to-cash operations.

- Working knowledge of revenue recognition under US and Indian GAAP.

- Hands-on experience with ERP systems (SAP, Oracle, NetSuite).

- Advanced MS Excel skills and strong analytical thinking.

- Excellent written and verbal communication skills.

- Ability to manage cross-functional collaboration and work independently in a fast-paced environment.

- Exposure to audit processes and internal financial controls is a plus.