Associate - AR Collections

This role will be a full-time position based out of our Coimbatore officeAssociate is responsible for collections of outstanding accounts receivable dollars from the existing client base and all other aspects of collections, resolving customer billing problems and reducing accounts receivable delinquencyWill have to strike a balance between maintaining trustful relationships and ensuring timely payment there by reducing past due and influencing DSO numbers positively.

• Education Any bachelor s or master s degree & finance background will be an added advantage.
• Experience 2+ years of overall experience
• Should be Flexible to work in night shifts and working from the office.

• Collect customer payments in accordance with payment due dates.
• Reviews and prioritizes open accounts for collection efforts.
• Role of mentor and backup for the associates in charge of and bringing them up the learning curve
• Solves cash applications and Evaluated Receipt Settlement mode of ordering and payment
• Making outbound collection calls in a professional manner while keeping and improving customer relations.
• Initiate contact, via phone and/or e-mail, with a large portfolio of customer accounts using to determine the reason for past due accounts receivableCustomer communication will require critical thinking skills to probe into the reasons for non-payment to ensure the proper resolution can be implemented.
• Based on customer responses, recommend, and implement action plans for resolving delinquent transactionsAction plans may require the credit analyst to engage Avantor associates from other departments, e.g., sales reps, pricing, etcor outside parties, e.g., vendors, freight carriers, etc.
• Reconciliation of assigned accounts to ensure that payments and credit memos are properly applied.
• When necessary, escalate collection problems to CFS Management and/or the Sales Team to assist in the collection/resolution process
• Approve and authorize the release of orders according to a credit line and payment history within established guidelines.
• Communicate the status of the assigned portfolio and/or specific accounts to CFS Management and/or Sales Team.
• Work on special projects, e.g., account clean up, as needed
• Identify issues attributing to account delinquency and discuss them with management.
• Review and monitor assigned accounts and all applicable collection reports.
• Provide timely follow-up on payment arrangements
• Process Payments & Refunds as applicable
• Resolve billing and customer credit issues
• Update account status records and collections effort
• Report on collection activity and accounts receivable status.