Finance Specialist Accounts Receivable

This Position reports to:

Accounting Reporting Manager - Account

Roles Responsibilities:

• Process incoming payments: Apply Cheque/ RTGS/NEFT/Wire/ ACH/ Lockbox payments to customer accounts
• Review and manage customer accounts: clearing of invoices against payments
• Reconcile discrepancies: Investigate and resolve payment mismatches, short payments, and unapplied cash.
  • Follow-up and resolve unapplied Cash by applying it against appropriate AR item
  • Analysis of Open credits and apply it against appropriate open AR item
• Maintain accurate records: Ensure timely and correct posting of payments in accounting systems
• Support audits and reporting activities:
  • Assist in coordination with statutory auditors on quarterly and year-end audits
  • Prepare MIS for management reviews as well as reports for AR monthly closing activities
  • Perform general ledger account reconciliation [AR accounts]
  • Active participation in the calculation of Specific and General Provisions
• Coordinate with internal teams: Work closely with Business Controllers, Collections, and Other Stakeholders to resolve issues.
• Living ABBs core values: These include safety and integrity, which means taking responsibility for your own actions while caring for your colleagues.
• Active participation in projects: Cash Application is involved in multiple projects including PC Re-org, Business Partner Split / LILAC (RARO separation related activities)

Knowledge, Skills and Experience:

• Bachelors or Masters degree in Finance with 3 to 4 years of experience in Order to Cash process [O2C], covering Cash application, reconciliation, collection management, reporting and accounting.
• SAP ERP experience.
• Must be flexible in working for any shift timings.
• Good communication skills.
• Must be proficient in MS Office Suite, SAP knowledge is huge plus
• High level of accuracy and attention to details, pro-active and can do attitude

Ability to cooperate in a dynamic and learning environment

ABB Transport Zone limits

• Kindly note that ABB provides transportation facilities only to employees residing within the designated ABB Transport Zone. Please verify whether your current location falls within the serviceable area by using the link below.