Finance Associate (AR process)

2 - 4 years

0 Lacs

Posted:4 weeks ago| Platform: Foundit logo

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Work Mode

On-site

Job Type

Full Time

Job Description

About Us

We are on a mission to help a million+ consumer brands with automated sales and user acquisition on WhatsApp.

In 2024, Businessonbot has grown 10X in ARR and inched towards profitability in Q4 of FY 2024-25. We target a massive wave of D2C businesses in India. Theres never been a more exciting time to be in BusinessOnBot.

We are a Y Combinator backed company (YC W21) and have closed our pre-series A round with Ant Financials on the Board. Backed by experienced founders/CXOs/directors from renowned companies like WhatsApp, Lulu group, OYO, Netflix, Pepsico, Cleartax, InMobi etc. to add to our team.

Role Overview

Accounts Receivable Associate

What Youll Do

  • Invoice Management:

    Prepare and send accurate invoices to customers, ensuring all contractual terms are reflected.
  • Payment Tracking:

    Monitor incoming payments, reconcile receipts, and update customer accounts in the accounting system.
  • Collections:

    Follow up with customers on outstanding payments professionally and persistently while maintaining strong relationships.
  • Dispute Resolution:

    Collaborate with customer success and sales teams to resolve billing disputes quickly.
  • Reporting:

    Generate regular AR reports, track key metrics (DSO, aging analysis), and highlight risks.
  • Process Improvement:

    Suggest and implement ways to automate AR workflows for efficiency (integrations, templates, reminders).
  • Compliance:

    Ensure records are maintained in line with company policies and local statutory requirements.

What Were Looking For

  • 23 years of experience in Accounts Receivable, preferably in a

    SaaS or subscription-based business

    .
  • Familiarity with recurring billing cycles, invoicing platforms (e.g., Chargebee, Stripe, Zoho, QuickBooks, NetSuite).
  • Strong understanding of revenue recognition concepts in SaaS.
  • Excellent communication and negotiation skills.
  • Strong Excel / Google Sheets skills.
  • Detail-oriented with a knack for spotting discrepancies.
  • Comfortable working in a

    fast-paced startup environment

    .

Why Join Us

  • Be part of a

    core finance team

    in a rapidly scaling SaaS startup.
  • Work closely with cross-functional teams (Sales, Customer Success, Finance).
  • Freedom to propose and implement process improvements.
  • Opportunity to grow into broader finance or revenue operations roles.
  • Opportunity to Lead the Receivables Team as we grow.
  • You will be working with international clients and taking care of the billing and collections in multiple countries as we scale.

Reporting to: CFOCompensation: Competitive salary + ESOPs (based on performance)

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