Accounts Receivable Specialist

About ZF

ZF is a global technology company that supplies systems for passenger cars, commercial vehicles, and industrial technology, driving the next generation of mobility. Our innovative solutions enable vehicles to see, think, and act across four key technology domains: Vehicle Motion Control, Integrated Safety, Automated Driving, and Electric Mobility.

We offer comprehensive product and software solutions for both established vehicle manufacturers and emerging transport and mobility service providers. ZF electrifies a wide range of vehicle types, contributing to reduced emissions, climate protection, and enhanced safety in mobility.

Accounts Receivable Specialist (m/f/d)

Country/Region: India

Designation: Executive / Senior Executive

Location: Chennai

About the Team:

The Accounts Payable team within the Finance Global Shared Service Centre is dedicated to managing and processing vendor invoices and payments efficiently. This team reports directly to the Assistant General Manager (AGM) - AP Tower Head, ensuring compliance with financial policies and maintaining strong vendor relationships. The team is responsible for end-to-end AP operations, ensuring accuracy, compliance, and timely processing of invoices maintaining the quality. Their role is crucial in optimizing cash flow and supporting the financial health of the organization.

What you can look forward to as Accounts Payable Executives

• Customer Invoicing and Billing

Generate and manage customer invoices accurately and efficiently, ensuring timely billing cycles.

• Cash Application

Apply incoming payments to the correct customer accounts and invoices, ensuring accurate financial records.

• Customer Credit Control

Assess and manage customer credit limits and credit risks to minimize bad debts and ensure healthy cash flow.

• Accounts Receivable Reconciliation

Reconcile AR ledgers with customer statements and resolve any discrepancies.

• AR Aging Reports

Prepare and analyze detailed aging reports to monitor outstanding receivables and follow up on overdue accounts.

• Intercompany Reconciliation

Match and resolve financial transactions between different branches or subsidiaries to ensure aligned records.

• Customer Query Handling & Problem-Solving

Address and resolve billing disputes and discrepancies promptly and professionally.

• Communication

Maintain strong verbal and written communication with customers and internal teams to ensure smooth AR operations.

• Attention to Detail

Ensure accuracy and completeness in all AR processes and documentation.

• Systems Proficiency

Utilize financial software such as SAP, Blackline, and Microsoft Office Suite to manage AR tasks efficiently.

Your profile as Accounts Payable Lead:

• Bachelors degree in Accounting, Finance, or a related field.
• 3 to 6 years of proven experience in Accounts Receivable or a similar finance role.
• Proficiency in ERP systems (SAP preferred) and MS Excel.
• Strong analytical, organizational, and communication skills.
• Ability to work independently and collaboratively in a fast-paced environment.

Why should you choose ZF Group in India?

• Innovation and Technology Leadership:

  ZF is at the forefront of technological advancements, offering a dynamic and innovative work environment that encourages creativity and growth.

• Diverse and Inclusive Culture:

  ZF fosters a diverse and inclusive workplace where all employees are valued and respected, promoting a culture of collaboration and mutual support.

• Career Development:

  ZF is committed to the professional growth of its employees, offering extensive training programs, career development opportunities, and a clear path for advancement.

• Global Presence:

  As a part of a global leader in driveline and chassis technology, ZF provides opportunities to work on international projects and collaborate with teams worldwide.

• Sustainability Focus:

  ZF is dedicated to sustainability and environmental responsibility, actively working towards creating eco-friendly solutions and reducing its carbon footprint.

• Employee Well-being:

  ZF prioritizes the well-being of its employees, providing comprehensive health and wellness programs, flexible work arrangements, and a supportive work-life balance.