Description
As an Analyst, you will be part of a team responsible for performing tasks within the Order to Cash stream (Accounts Receivable & Collections), as well as your involvement in the Month End Closing process and some other specific accounting activities related to the stream.
Responsibilities:
- Perform due diligence on new customers/suppliers, requesting KYC information, documentation, review and verification of received documentation and making an analytical risk assessment for all counterparties
- Conduct credit checks
- Prepare Commercial Summary of the contract
- Monitor processing of invoices on Clients based on information received from operations
- Ensure compliance with contract
- Book and allocate payments received from clients
- Assist with client reconciliation
- Ensure Credit Notes and Invoices are properly offset
- Follow up with Clients for collecting money
- Ensure excellent rapport & relationship with clients
- Prepare Summary of money collected and overdue accounts
- Identify reasons/block for non-payment of monies by clients
- Follow up with relevant departments to resolve issues so that money can be collected from client
- Develop templates, policies, and procedures by each client for ensuring money from concerned clients are collected on a timely basis
- Liaise with Lawyers when needed for Delinquent accounts
- Understand the coverage requirements for AR
- Manage the Insurance requirements, coverage, settlement and renewal process on an ongoing basis
- Liaise with Operations to resolve any queries raised by Clients
- Respond to inquiries from operations/clients and resolve issues
- Perform AR reconciliations
- Assist with AR sub-ledger close process and other Month End activities
- Ensure monthly checklists are completed by the month end and signed off by Senior Accountant
- Prepare monthly, quarterly, annual and ad-hoc forecasting reports
Requirements:
- CA with 5-7 years of experience in Managing Order to Cash Process
- Experience in a O2C Process
- Strong communication skills
- Experience of operating within a finance shared service environment
- Enthusiastic, self-motivated, adaptable, and flexible
- Ability to perform under pressure
- Problem-solving skills