Accounts Receivables Associate

Job Description: Accounts Receivables Associate Position Title: Accounts Receivables Associate

Department: Finance & Operations

Location: Mumbai

Reports To: Accounts Receivables Head

Position Summary

The Accounts Receivables (AR) Associate is responsible for managing and maintaining the organization's accounts receivable processes. This role involves ensuring accurate accounting of customer payments, reconciling accounts and timely follow-up of due payments.

Key Responsibilities

• Monitor and record incoming payments in the accounting system.
• Reconcile customer accounts to ensure accuracy and resolve discrepancies.
• Process refunds, adjustments, and write-offs as required.
• Follow up with customers on overdue invoices via email, phone, or other communication channels.
• Maintain positive relationships with customers while ensuring timely collections.
• Escalate unresolved payment issues to the AR Manager or relevant stakeholders.
• Assist in month-end and year-end closing processes related to AR
• Ensure compliance with internal controls, company policies, and financial regulations.
• Maintain accurate and organized records of all AR transactions.
• Support internal and external audits by providing required documentation.

Qualifications & Skills Education & Experience

• Bachelors degree in Accounting, Finance, or a related field.

• 1-2 years of experience in accounts receivable or a similar role.

• Experience with accounting software SAPis preferred.

Skills & Competencies

• Strong understanding of accounting principles and AR processes.
• Proficiency in Microsoft Office, particularly Excel (e.g., pivot tables, VLOOKUP).
• Excellent communication and interpersonal skills for customer interactions.
• High attention to detail and strong organizational skills.
• Ability to work under pressure and meet deadlines.

Preferred Qualifications

• Knowledge of ERP systems and financial reporting tools.
• Familiarity with international payment processes and currency conversions.
• Experience in a multinational or corporate environment is a plus.

Key Competencies

• Problem-Solving: Ability to identify and resolve discrepancies effectively.
• Customer Focus: Maintain professional and positive relationships with clients.
• Team Collaboration: Work effectively with cross-functional teams.

Time Management: Prioritize tasks to meet deadlines in a fast-paced environment.