Accounts Receivable Specialist (Off Roll & on 1 year contract)

Job Description

Role & responsibilities 1) Reporting the Collection received in Bank, making the entries in Oracle, Releasing the Collection Dashboard on daily basis 2) Preparation of Debtors Movement and DSO 3) Preparation of SL-GL Reco (Sub-Ledger VS General Ledger) 4) Releasing the AR Statement and Unapplied Receipts 5) Preparation of AR Ageing Analysis (Net of Revenue Reserves and PBDD) on Monthly basis 6) Preparation of Audit Schedules and Sox Compliance related Schedules 7) Preparation of Financial Reconciliation with Customers Collection Accounting & Reporting, Revenue Reporting and Sox Compliances- 1) Accounting & Reporting of Collection and TDS on daily basis 2) Preparation of Various MIS like: Debtors Movement, SL-GL Reco, AR Statement & Unapplied Receipts, Debtors Ageing Analysis (Net of Reserves and PBDD) and Days Sales Outstanding (DSO) 3) Preparation of Audit Schedules and Sox Compliance related Schedules Preparation of Financial Reconciliation with Customers 1) Carry out a detailed customer account reconciliation exercise on a quarterly basis to identify whether there are any gaps between the customer account balance as per the records of ATC and the customer 2) For gaps identified, reconcile the accounts through liasing with the sales team and customer in order to maintain a single version of truth with regard to account balancesReview the account balance as per internal and customer records. Identify and flag all accounts where deviations exist in the records. 3) For cases where deviations have been identified, liase with the Circle Finance Team, Sales & Collection team and customer (where required) for reconciling internal and customer records to maintain a single version of truth 4) Receive a balance confirmation from the customer upon completion of reconciliation. Pass necessary accounting entries to update the adjustments