Accounts Receivable

Company Overview:

If a culture of excellence, innovation and ownership is what you’re searching for, consider putting your experience in motion at Flowserve. As an individual contributor, or as a leader of people, your enterprise mindset will ensure Flowserve’s position as the global standard in comprehensive flow control solutions. Here, your opportunity for professional development and industry leading rewards will be supported by our foundational commitments to the values of people first, integrity and safety. Thinking beyond opportunity and reward, at Flowserve, we are inspired by working together to create extraordinary flow control solutions to make the world better for everyone!

Job Summary

The Accounts Receivable Associate is responsible for processing, reconciling, and managing the organization’s receivables. This role ensures timely collection of invoices, accurate accounting of customer receipts, maintains strong customer relationships, and supports internal controls and financial reporting. The ideal candidate is detail-oriented, solutions-focused, and proficient in accounting software and ERP systems.

Responsibilities:

• Responsible for accounts receivable function. This role involves setting up collection calls, coordinating between site controllers, sales personnel and project managers for collections, preparation of statement of accounts, mitigate risk for the organization by timely review of credit limits, collection forecast, confirmation of customer balances and EDPMS/IRM closure.
• Responsible for timely application of customer receipts as per customer payment advice. Process credit notes timely as per internal policy.
• Identify collection issues/disputes and follow up with respective stakeholders to resolve the disputes/issues and escalate aged unresolved issues.
• Responsible for issuance of Bank guarantees. Coordinate between project team and bankers to ensure timely issuance of bank guarantees. Ensure open ended BGs are closed timely.
• Review unallocated receipts on a weekly basis and apply to correct customer invoices.
• Close AR module by WD1 and calculation of AR bad debts as per policy. Support by providing related data during MIS closure.
• Maintain records as per internal/SOX controls.

Requirement :

• Preferably a Candidate with 5+ years of experience at manufacturing or Audit firms. B. Com /M. Com with 5 years’ experience including perusing graduations.
• Good knowledge on accounting systems and processes.
• Willingness to work in detail with ability to work independently and solve complex issues
• Knowledge in SAP is added advantage to the profile
• Sound Knowledge of MS office especially MS Excel & MS Power Point
• Good command on written, spoken English and presentation Skills
• Excellent communication skills preferred knowledge of other Language
• Exposure to work with Customer and Projects
• Understanding of Customer / GST

Flowserve is a world-leading manufacturer and aftermarket service provider of comprehensive flow control systems. Join a company whose people are committed to building a more sustainable future to make the world better for everyone. With 16,000+ employees in 50+ countries, we combine our global reach with local presence. Our team challenges themselves to approach each situation with ingenuity and creativity to help provide our customers with the most innovative flow control products and services. We support 10,000+ customers worldwide, creating products to meet the needs of our customers who are supplying energy, fresh water, pharmaceuticals and other essentials to consumers, businesses and governments globally. We invite you to put your talents and career in motion at Flowserve.

Req ID : R-17325

Job Family Group : Finance & Accounting

Job Family : FA Accounting

EOE including Disability/Protected Veterans. Flowserve will also not discriminate against an applicant or employee for inquiring about, discussing or disclosing their pay or, in certain circumstances, the pay of their co-workers. Pay Transparency Nondiscrimination Provision

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