Accounts Receivable Senior Analyst

Responsibilities What will you contribute? This role resides within Finastra's Finance function and is responsible for reviewing and executing all incoming customer contracts to ensure they are in accordance with company revenue recognition policies. The Accounts Receivable Senior Analyst also serves as a partner to the Sales, Legal, OTC teams and other aligned functions for the purpose of accurately structuring contracts and billing and works closely with internal and external auditors to assist with revenue testing. Responsibilities & Deliverables: Your deliverables will include, but are not limited to, the following: • Explore credit check efficiencies and proactive periodic reviews. • Create executive presentations working closely with the credit and collections. Collaborate & negotiate outcomes with internal teams to drive KPI’s. Implement and monitor process improvements. • Provide adequate feedback to both upstream and downstream processes to improve the OTC cycle. Responsible for improving collections tool and workflow. • Ensure adherence to target for region cash. • Forecast cash flow based on existing debts + future billing. • Collection of past due customer invoices and weekly reporting of collection status. • Usage of appropriate treatment strategies to accounts that are past due. • Negotiate with customers/Commercial to arrange payment plans or final settlements. • Ensure regular review of region’s ledger to identify slow paying customers or any trends that need to improve. • Investigation of customer financial credit risk, assessing credit history and country scenarios. • Coordinate with Billing team to reduce administrative issues. • Provide adequate feedback to both upstream and downstream process to improve the OTC cycle. • Generate management reports on time and circulate accurately. • Participate in devising strategies for reduction of DSO/Past due/Disputes. • Implement process improvements to improve cash flow and minimize outstanding receivables to include system enhancements and implementation. Required Experience: Basic accounting knowledge. • Good in reporting /Analytics and transformation projects. • Assertive and persistent in driving actions. • Excellent communication and interpersonal skills . • Good research and analytical skills. • Strong time and priorities management skills. • Ability to train, motivate and manage teams. • Quality Certification (Six Sigma, Lean etc) will be an added advantage. • Ability to drive projects and Business transformation. • Internal Interactions: • Sales & cross functional teams • Global Services and Customer Support teams. • Regional Finance & Commercial teams. • Teams within Finance SSC (Contract Admin, Billing, Cash Apps). External Interactions: • Vendors – Collections Tool and Payment Tool. • Partners and customers. • Auditors. Required Experience: Degree from a top-tier university, ideally within an analytical, business or mathematical discipline Ability to interpret, present and explain complex accounting issues Highly organized with great attention to detail Motivated by a challenging, dynamic and demanding environment Excellent Communications Skills Excellent working knowledge of Microsoft Excel and PowerPoint Experience in an environment working to deadlines and/or time critical SLAs Understanding and experience of CRM systems (Salesforce.com and Netsuite preferred) within the sales organization At least 2-5 years experience working within a sales or sales operations, order to cash and finance environment within a software organization