Accounts Receivable Specialist

Mega Walk-In at TCS Chennai for Accounts Receivable - Information process enabler!

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Eligibility:

- Minimum 15 years of regular, full-time education (10 + 2 + 3)

- Non-technical graduation in finance & accounts stream- B.Com, M.Com or similar

- Should be flexible with night shifts & rotational shifts

- Candidates must have a registered EP ID

- Candidates must carry a copy of their updated resume

- Candidates must submit a valid copy of TCS application form

- Candidates must carry 2 photocopies of original Aadhar or PAN card

- Candidates must carry a passport size photo

Process specific responsibilities:

We are looking for a senior associate O2C resource, who can own the O2C process independently and proactively deploy best practices and process improvements.

- In-depth knowledge in invoicing processing work flow and O2C journal entries.

- Reconcile orders to match customer books, including validating credits or debits and sending them to customer for collection or refund

- Perform general ledger reconciliations of invoices, customer's POs and collections.

- Perform customer's outstanding and aging analysis.

- Generate MIS (scheduled/adhoc) reports on time

- Provide daily cash reports accurately and on time

- Collate all remittances for the Cash/Wire/Cheque payments received and apply to the correct invoice using Remittance Advice from customers or related collectors.

- Providing bank statements, remittances and correspondences received to the collectors on the same day

- Ensure that the refunds are processed accurately and on time

- Ensure that unidentified cash is kept to an absolute minimum as per assigned target and all outstanding items are reviewed and reported to the business units for further actions

- Follow up with collectors to get details of remittances and escalate issues proactively to the team lead and AR manager

- Ensure that cash is applied only based on the defined process with out exceptions

- Providing details of unapplied and unidentified cash to all collectors on a daily basis and follow up proactively to get details of applications

- Understanding & processing of credit card transactions and reconciliations.

- Record keeping of bank statements, customer remittances, application validations and other audit related documents is maintained as per the process guidelines Audit support – Provide information on sanctioned customers, bad debt write-offs and statutory and other regulatory reports)

- Process return adjustments and debit and credit memos.

- Perform compliance and audit/quality checks, including but not limited to SOX controls.

- Identify, verify, reconcile and/or process write-offs, reinstatements, intercompany and others.

Requirements

- Masters in Commerce / Bachelor in Commerce.

- Expert knowledge on O2C process ,reconciliations & accounting entries

- 4+ experience in relevant experience

- A thorough knowledge of ERP system preferable.

- Pro-actively solve problems & deploy best practices in O2C

- A thorough knowledge of ERP system preferable SAP

- Excellent oral and written communication skills in English

- Proficient skills in Excel, Word and Outlook are essential

- Excellent interpersonal and communication skills in both written and oral in English

- Good time management skills and flexible within role.

- Remain approachable under pressure

- Excellent Customer Service skills

- Flexibility to work in shifts and working hours

- Flexible for shifts.