Order To Cash (AR)

Order To Cash:

Job Summary:

Role : Team member

Skill: Order To Cash

Experience: 2 year to 8 years

Job Location: Chennai

Shift: 24*7

Key Responsibilities:

• 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.

Key Skills:

• Expert knowledge on O2C process ,reconciliations & accounting entries
• 2+ 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

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
• It is mandatory to submit a valid copy of TCS application form during the drive
• Please carry 2 photocopies of original aadhar or PAN card
• Candidates must carry a passport size photo