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Accounts Receivable Senior Analyst


Finastra


Location

Bangalore | India


Job description

Responsibilities

What will you contribute

  • This role contributes towards increasing cash flow and reducing DSO
  • This role contributes towards completing roll out of one Finastra Operating model

Deliverables:

  • Forecast collection based on existing debts + future billing
  • Maximize cash flow by continuous follow up on outstanding invoices through reminder letters, emails and phone calls, as appropriate. Record and track all queries in the collections software
  • Improve DSO/Reduce past due debts/Resolve disputes
  • Propose and release bad debt provision when required
  • Perform review of credit worthiness and assign credit limits
  • Advise cash application team on allocation of invoices/credit notes as appropriate
  • Perform Account reconciliation where required
  • Address client queries in a timely and efficient manner.
  • Ensure that the medium and content of communication is appropriate and effective at all times.
  • Co-ordinate with invoicing teams, project managers, sales staff to resolve invoicing issues
  • Analyze portfolio to review unapplied cash/credits and take corrective actions
  • Provide statement of accounts on periodical basis to both clients and internal staff
  • Escalate issues that may require management involvement
  • Support Credit management in preparing and publishing reports
  • Where possible, use innovative methods to improve the collections process, and actively contribute towards strengthening the overall Working Capital function

Required Experience :

Minimum 2-4 Years Experience In Global Collections

Forecast collection based on existing debts + future billing

  • Maximize cash flow by continuous follow up on outstanding invoices through reminder letters, emails and phone calls, as appropriate. Record and track all queries in the collections software
  • Improve DSO/Reduce past due debts/Resolve disputes

Primary Competencies:

  • Basic accounting knowledge
  • Assertive and Persistent in driving actions
  • Good communication and interpersonal skills
  • Good Research and Analytical skills
  • Strong priorities management skills

Qualifications:

  • Graduate with 2-4 years of experience


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