Accounts Associate

**Job Title: Accounts Associate - Receivable**

**Location: Bangalore/Hybrid**

**Function: Finance Department**

**DESCRIPTION**:
Accounts Receivable Associate is responsible for preparing accounts receivable transactions and processes customer payments. Responsible for creating invoices according to company practices and submit them for approval by management or clients. Ensuring all incoming payments are received and processed. This role requires keeping a precise record of all incoming payments and to contact clients to ensure outstanding invoices are paid. This role ensures that all receipts are tracked and regularly check for any discrepancies in payments received. All the transactions would be for non-Indian entities.

**ESSENTIAL DUTIES AND RESPONSIBILITIES**:

- Maintain precise records of all incoming payments.
- Prepare and send invoices to clients.
- Maintain up-to-date billing system.
- Contact clients as needed to ensure payment of outstanding invoices.
- Work collaboratively with accounts payable and other accounting staff to ensure accuracy in finances.
- Audit all receipts on a determined schedule to ensure accuracy in accounting.
- Generate and deliver reports to different departments as needed.
- Actively investigate and resolve irregularities in both incoming and outgoing payments.
- Process accounts and incoming payments in compliance with financial policies and procedures.
- Perform day to day financial transactions, including verifying, classifying, computing, posting and recording accounts receivables’ data.
- Enter and upload invoices into system.
- Record bank deposits.
- Reconcile the accounts receivable ledger to ensure that all payments are accounted for and properly posted.
- Verify discrepancies by and resolve clients’ billing issues.
- Facilitate payment of invoices due by sending bill reminders and contacting clients.
- Generate financial statements and reports detailing accounts receivable status.
- Generate age analysis.
- Review AR aging to ensure compliance.
- Maintain accounts receivable customer files and records.
- Develop a recovery system and initiate collection efforts.
- Produce monthly reports.
- Assist with month end closing.
- Provide supporting documentation for audits.
- Maintain accurate historical records.
- Maintain confidentiality of organizational information.

**EDUCATION AND EXPERIENCE REQUIRED**:

- Solid 2-3 years of Accounts Receivable and general accounting experience or relevant experience
- Degree in Commerce or equivalent (such as B.COM, Accounting or Finance)
- In depth Knowledge and understanding of accounts Receivable
- In depth Knowledge and understanding of general accounting procedures
- Hands-on experience with spreadsheets.
- Proficiency in English and in MS Office.
- Good working knowledge of accounting software (such as ZOHO, QuickBooks). ERP knowledge will be an added advantage.
- Proficient in data entry and management.
- Exposure towards US accounting will be an added advantage.
- Good interpersonal skills essential to interact with vendors, management, peers and cross functional teams effectively.
- Ability to build relationships, collaborate and influence across disciplines within Sitero and with outside stakeholders.
- Excellent verbal, written and presentation skills.
- Innovative, collaborative, initiative-taker.

**PREFERRED SKILLS**:

- 3+ years of Accounts Receivable Experience
- Team member
- Problem analysis and problem solving skills
- Customer service skills

**COMPENSATION & BENEFITS**:
Sitero proudly offers an impressive compensation package and benefits, including a competitive salary, Variable pay, paid time off, and healthcare and retirement benefits.

**EMPLOYMENT TYPE**:
Full Time, Permanent

**COMMITMENTS**:

- Standard Hours 40 hours per week, one hour lunch, Monday - Friday. Additional hours as needed.
- Willing to work in shifts as and when needed.

**DISCLAIMER**:
Sitero is an equal opportunity employer and welcomes all job applicants. All qualified applicants will receive consideration for employment without discrimination on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability, or any other factors prohibited by law.