Job Description

The Opportunity: Avantor is looking for an Associate for the Accounts Receivables team. This role provides financial, administrative, and clerical support by ensuring the company receives payments for goods and services and properly records the transactions by posting receipts and resolving discrepancies according to established policies and procedures in an efficient, timely, and accurate manner. Analyze the open credit trend from the AR books and work towards resolving them by either getting them applied to the right customer accounts with their approvals or refunding the money back to the customer. Involve the collections team, sales, and other DOA approvers based on each case. The role involves working in coordination with many internal teams to clean up the open credits on the accounts. What were looking for Education: Bachelors degree. How you will thrive and create an impact: Review wire transfer and bank deposits Prepare items for posting Manual check scanning Downloading and management of payment files Preparation and analysis of cash reports Familiarity with basic accounting principles, SAP cash applications Good knowledge of applying credits and debits, returns and wire transfers Monitors unallocated and unapplied receipts for timely resolution Posting of wire transfers and checks as needed, would require to work with the collections team or the customer directly Enroll & ability to learn to any mode of payment upgradation the customer or organization is willing to adapt at any given time Communicate with Collection Team and Management regarding payment discrepancies Processes client refunds related to duplicate or erroneous payments Sound ability to meet deadlines and set priorities Ability to multi-task within a dynamic team environment Special projects as directed by Cash Supervisor Performing tests to see whether the systems are effectual or not Preparing reports of the activities of cash applications on a periodic basis Abiding by all the policy rules and regulations of the company so that the targets are met on time Communicating with the supervisor in case of any technical glitches that won't allow the targets to be met Assist team with gathering support for all audits, including pulling documentation Ensuring that all the matters have been raised in accordance with the guidelines or rules and regulations of the company Providing necessary suggestions to enhance the work environment of the company