Job Description: To provide a high standard of allocation and reconciliation of receivables across all ledgers and reduction of debt owed an effective and efficient manner.
To provide a high standard of customer payments reconciliation, investigation of debt issues taking necessary actions to maximize debt collection within budgeted costs and agreed service standards for multiple ledgers
*Responsibilities: Brief Job Description:**
Basics accounting knowledge.
Sound knowledge of Cash Application, Wire, Lockbox, Manual and Auto Payments
O2C/AR Cycle
Understanding on Suspense Accounts, Unidentified payments, Aging reporting
Ability to identify inefficient/ineffective processes and develops recommendations to enhance controls and efficiency.
Providing coaching and feedback to team members to enable them to improve their performance
Handling Escalations
Provide inputs on process and system to the team
Ability to research on the exception item and being responsible to clear the aged items
Ability to analyze the errors, prepare RCA and bring in controls to reduce errors in the future
*Competencies Required:**
Good Knowledge or experience in SAP S4
Assign work to the team members on a daily basis
Review daily transactions \& monitor completion of work
Team management and Transaction Monitoring
Productivity Improvement
Client interaction, if required at supervisory level
Ensure compliance with internal policies and procedures, external regulations and information security standards
Management reporting and oversight
Leading a team of executives for checking, verifying, and validating data to ensure all details are correctly mentioned
Driving Quality initiatives in the process to attain measurable positive results
Create reports on a daily, weekly \& monthly basis for performance review with the onshore team
Conduct quality audits from a sample of transactions
Onboard any new team member \& complete training
*Qualifications: Skill Requirements:**
Qualifications \- Graduate/Masters in Accounting
Good accounting knowledge which includes, preparation of JE and AR knowledge (Cash Application, Billing and Pricing
At least 5 \- 8 year of operational experience
Basic Excel skills and knowledge of SAP is desired
Strong numerical skills with an attention to detail