Accounts Receivable Specialist - Mysore - ThoughtFocus

    ThoughtFocus
    ThoughtFocus Mysore

    6 days ago

    Description

    About company

    ThoughtFocus helps forward-looking companies and organizations in the financial services, manufacturing, higher ed, public sector and emerging sectors innovate and achieve a better future faster. ThoughtFocus innovative and cutting-edge technology solutions enable its customers to deploy new capabilities faster, deliver better user experiences, and drive operating efficiencies. We do this through executional excellence and mitigating the risk of change. With headquarters in the U.S., the Company has more than 3,000 employees in locations spread across five countries. For more information, please visit the company website

    Job Summary:

    We are seeking a detail-oriented and experienced Accounts Receivables Analyst with at least 4 years of hands-on experience in

    managing end-to-end Accounts Receivable processes. The ideal candidate will have strong expertise in Netsuite, and be

    capable of independently handling AR Reconciliations, Collections, Remittance research, and email correspondence related to

    AR activities. This position plays a vital role in ensuring timely and accurate reconciliations and collections follow up of

    customer payments and maintaining clean accounts receivable ledgers.

    Key Responsibilities:


    • Perform Escrow account reconciliations on a daily basis to identify the variances and take necessary action to resolve

    the same


    • Review of the AR ageing report to ensure proper follow-ups for aged items


    • To perform timely follow up in order to ensure smooth collection process


    • Conduct research and resolve discrepancies and unreconciled balances in Escrow accounts.


    • Communicate with internal teams and customers via email to ensure all the AR balances and collections are timely

    actioned.


    • Monitor and clear unreconciled items in various Escrow accounts on a timely basis.


    • Prepare and maintain accurate AR General Ledgers and related reporting.


    • Support month-end close activities and audit requirements related to AR activities.


    • Continuously look for process improvement opportunities and participate in automation initiatives, where applicable.

    Required Qualifications & Skills:


    • Minimum 4 years of experience in Accounts Receivables within a shared services or corporate finance environment.


    • Proficiency in Netsuite is mandatory.


    • Strong understanding of Accounts Receivables processes including Ageing Reports and Collection activities


    • Experience working with end Customers, clearing accounts, and resolving unreconciled items.


    • Excellent written and verbal communication skills for handling external and internal queries.


    • Strong analytical and problem-solving skills with attention to detail.


    • Ability to work independently with minimal supervision and meet tight deadlines.


    • Proficiency in MS Excel and working with large datasets.

    Preferred Qualifications:


    • Experience in a global or multi-currency cash application environment.


    • Exposure to other ERPs or banking portals is a plus.


    • Experience in AR-related reporting or dashboard creation.


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