Analyst - Finance AP/AR

AP/AR Specialist - IN
The AP/AR Specialist assists in maintaining compliance with accounts payable and receivable processes including assessment of invoice/payment discrepancies. Under close supervision, this job helps reconcile and verify all account balances and collaborates with the collections team on the restructuring of overdue accounts repayment.

Key Responsibilities and Duties

• Assists in the accounts payable and accounts receivable processes, aiming at guaranteeing that payments and collections are made within the agreed terms and in conformity to company's procedures.
• Verifies accuracy of invoices, shipping documents, customer credit, and payment terms to reduce financial risks.
• Checks all cash payments, cash receipts and outstanding account balances to maintain accurate accounting records.
• Enforces timely and accurate processing and payment of invoices to confirm that statements are correctly recorded.
• Supports payment processes and application to customer balances in the accounts receivable ledger.
• Prepares monthly and quarterly close and consolidation processes to ensure timely completion and accuracy.
• Performs collection activities such as sending follow-up inquiries, negotiating with past due accounts, and referring accounts to collection agencies to ensure compliance with accounting policies and procedures.

Educational Requirements

• University (Degree) Preferred

Work Experience

• No Experience Required

Physical Requirements

• Physical Requirements: Sedentary Work

Career Level
5IC

accounting knowledge

Related SkillsAccounting Standards, Adaptability, Automation, Business Process Improvement, Collaboration, Compliance, Data Analysis, Data Entry/Validation, Innovation, Prioritizes Effectively, Technology Systems, Transaction Processing

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Company Overview

TIAA Global Capabilities was established in 2016 with a mission to tap into a vast pool of talent, reduce risk by insourcing key platforms and processes, as well as contribute to innovation with a focus on enhancing our technology stack. TIAA Global Capabilities is focused on building a scalable and sustainable organization , with a focus on technology , operations and expanding into the shared services business space.

Working closely with our U.S. colleagues and other partners, our goal is to reduce risk, improve the efficiency of our technology and processes and develop innovative ideas to increase throughput and productivity.

We are an Equal Opportunity Employer. TIAA does not discriminate against any candidate or employee on the basis of age, race, color, national origin, sex, religion, veteran status, disability, sexual orientation, gender identity, or any other legally protected status.

Our Culture of Impact

At TIAA, we're on a mission to build on our 100+ year legacy of delivering for our clients while evolving to meet tomorrow's challenges. We equip our associates with future-focused skills and AI tools that enable us to advance our mission. Together, we are fighting to ensure a more secure financial future for all and for generations to come. We are guided by our values: Champion Our People, Be Client Obsessed, Lead with Integrity, Own It, and Win As One. They influence every decision we make and how we work together to serve our clients every day. We thrive in a collaborative in-office environment where teams work across organizational boundaries with shared purpose, accelerating innovation and delivering meaningful results. Our workplace brings together TIAA and Nuveen's entrepreneurial spirit, where we work hard and work together to create lasting impact. Here, every associate can grow through meaningful learning experiences and development pathways—because when our people succeed, our impact on clients' lives grows stronger.

Accessibility Support

TIAA offers support for those who need assistance with our online application process to provide an equal employment opportunity to all job seekers, including individuals with disabilities.

If you are a U.S. applicant and desire a reasonable accommodation to complete a job application please use one of the below options to contact our accessibility support team:

Phone: (800) 842-2755

Email: [email protected]

Privacy Notices

For Applicants of TIAA, Nuveen and Affiliates residing in US (other than California), click here.

For Applicants of TIAA, Nuveen and Affiliates residing in California, please click here.

For Applicants of TIAA Global Capabilities, click here.

For Applicants of Nuveen residing in Europe and APAC, please click here.