Accounts Receivable Associate

Role & responsibilities

• Manage the accounts receivable process for clients, including invoicing, billing, and collections, in accordance with client policies and procedures.
• Generate and distribute client invoices accurately and timely, ensuring proper documentation, coding, and approval processes are followed.
• Monitor accounts receivable aging reports for clients, proactively identifying overdue invoices and following up with customers to facilitate timely payment.
• Maintain accurate and up-to-date accounts receivable records for clients, including customer master data, invoice registers, and collection notes.
• Reconcile customer accounts and resolve discrepancies, including applying payments, issuing credit memos, and processing adjustments as needed.
• Assist clients with month-end and year-end close processes related to accounts receivable, including bad debt reserves, allowance calculations, and reporting as needed.
• Collaborate with client stakeholders, including sales, customer service, and finance teams, to address inquiries, resolve disputes, and improve processes related to accounts receivable.
• Ensure compliance with client-specific credit policies, collections procedures, and internal controls related to accounts receivable management.
• Assist clients with tax compliance activities related to accounts receivable transactions, including GST, and other tax filings, ensuring accuracy and timeliness in reporting and remittance.
• Stay informed about changes in accounting standards, tax laws, and regulations affecting accounts receivable transactions, and provide guidance and recommendations to clients as needed.

Preferred candidate profile

• Bachelor's degree in accounting.
• Minimum 2.5 years of experience in accounts receivable with a strong understanding of accounts receivable processes and principles.
• Must have: Accounts receivable knowledge, Advance Excel, Macros, Power BI, Power query
• Proficiency in accounting software and ERP systems, with experience in accounts receivable modules and electronic payment platforms.
• Excellent attention to detail and accuracy, with the ability to review and analyze large volumes of data efficiently.
• Strong organizational and time management skills, with the ability to prioritize tasks and meet deadlines in a fast-paced environment.
• Effective communication skills, both verbal and written, with the ability to interact professionally with internal and external stakeholders.
• Knowledge of tax compliance requirements related to accounts payable transactions, including direct and indirect tax filings.
• Ability to work independently and collaboratively within a team, demonstrating initiative, problem-solving skills, and a commitment to continuous improvement.