Tcs Pune Hiring For Accounts Receivable Skill

TCS Pune Hiring for Accounts Receivable Skill

Role: Accounts Receivable Analyst

Experience: 1 year to 8 years

Job Location: Pune

JD: Kindly refer end of the post

Interested candidates please mail with EP ID (registration number process mentioned) in the mentioned Email ID )

Please mention #AR_PUNE" in your EMAIL SUBJECT LINE

Mandatory Requirements (How to generate your EPCN)

EPCN number is mandatory for eligibility of the interview

Step 1: Visit

Step 2: Click to login

Step 3: Click New user (Register with us)

Step 4: Select "BPO" in areas of interest and complete the registration. (Fill the details)

Step 5: Once completed, your TCS no. would be generated which starts from EP2025XXXX.

Step 6: You will receive the EP number on your personal e-mail ID.

Eligibility:

• Graduate 1–5 years of billing/accounting, Cash application, experience in the insurance or
• financial services industry.
• Working knowledge of various insurance agency management systems (AMS) such as Benefit Point Applied EPIC is preferred
• Familiarity with agency management systems (Applied Epic, AMS360, etc.) is preferred.
• Prior experience in the insurance brokerage industry or P&C insurance
• Basic knowledge of insurance terms and billing cycles.
• Proficient in Excel and other MS Office tools.
• Strong analytical, problem-solving, and communication skills.
• Ability to execute transactions as per prescribed guidelines and timelines in order to meet the SLA and quality standards.
• Willingness to work in US shift hours (CST hours)

Responsibilities :

• Generate agency and direct-bill invoices for new policies, endorsements, renewals, and cancellations
• Preparing invoices for clients based on the services availed, identifying and resolving the billing error, issuance of credit notes with proper authorization, resolving customer disputes on billing, ensuring all income is accrued and accounted, sending the invoices to the customer
• Accurate and timely receipt, posting, and reconciliation of direct bill commissions from insurance companies on a daily, weekly, and monthly basis, Process corrections and changes to broker commission rates as necessary. investigate and resolve issues not limited to commission discrepancies, and follow up on outstanding items
• Coordinate with servicing and producers for missing or incorrect billing data.
• Investigate and resolve billing discrepancies with clients or carriers
• Responsible for accurately processing and recording customer payments, reconciling accounts, and handling payment discrepancies to ensure proper financial record- keeping, posting of cash received
• Responsible for posting payments from various lockboxes to the customer accounts in a timely manner
• Applying the payment received against commission, movement of funds from collection account to corporate account and passing appropriate journal entry
• Research and resolution of aged unidentified and unapplied cash receipts and accurate posting to customer accounts
• Coordinate payments made by a lockbox ACH/Wire and other adjustments to customer account for credits/debits and account write-offs
• Reconcile Cash - Balance Accounting system funds against bank deposits and daily/monthly reconciliations
• Communicate effectively with customers and internal teams regarding required remittance or cash application information
• Update process documentation that includes Standard Operating procedures / FMEAs / SIPOCs and other Quality manuals as and when required.

Whatever your career goals, if you are passionate about technology, we at TCS are looking for you. Join us and future forward your career today. Experience energy. Come experience TCS.