Job openings for accounts receivable specialist in mumbai

Key Responsibilities:
AR Process Improvement:

Analyze current AR processes and identify areas for improvement.
Implement best practices for AR management, including automation tools and software integration.
Develop and maintain standardized procedures for invoicing, payment processing, and reconciliation.
Collaborate with the finance team to enhance internal controls and ensure compliance with financial regulations.
Collection Strategy:

Monitor and manage the AR aging report, ensuring timely collections and minimizing overdue balances.
Develop and execute effective collection strategies to improve cash flow and reduce bad debt.
Communicate with clients to resolve outstanding issues and expedite payments.
Establish and maintain strong relationships with customers to ensure timely and accurate payment.
Reporting & Analysis:

Prepare regular AR reports, including aging reports, collection forecasts, and cash flow analysis.
Provide insights and recommendations based on AR data to support decision-making.
Track key performance indicators (KPIs) related to AR and collections, and report progress to management.
Collaboration & Communication:

Work closely with the sales and operations teams to ensure smooth billing and collection processes.
Provide training and support to team members on AR processes and best practices.
Communicate effectively with internal and external stakeholders to resolve issues and improve processes.
Qualifications:
Bachelor’s degree in Accounting, Finance, or a related field.
6+ years of experience in Accounts Receivable, with a focus on process improvements and collections.
Strong understanding of AR management, billing, and collections processes.
Experience with financial software and ERP systems; knowledge of Netsuite is a plus.
Excellent analytical, problem-solving, and communication skills.
Ability to work independently and manage multiple tasks simultaneously.
Proficiency in Microsoft Office, particularly Ex