Payments Intern

Job Description

Job description: Role: Business Associate Intern - Accounts Receivable (Payments) Location: Goregaon (W), Mumbai Timings: 10:00 AM to 7 PM Working Days: 5 day working with weekend off About Us: Crimson Interactive We are a technology-driven scientific communications & localization company. Crimson offers a robust ecosystem of services with cutting-edge AI and learning products for researchers, publishers, societies, universities, and government research bodies worldwide. With a global presence, including 9 international offices, we cater to the communication needs of the scientific community and corporates. Whats in it for you? 1. Global exposure: Crimson has employees belonging to more than 125 countries. Opportunity wot work with different talents with different expertise and backgrounds under one roof. There is always something new to do and something challenging to work on. Hard work, perseverance, and the eagerness to learn are all that our Crimsonites need to flourish at Crimson! 2. Growth & Benefits : Growth to us is learning something new every day. We not only provide role-specific grooming and training but also various opportunities and platforms for our people to develop their skills and personalities, personally and professionally 3. Culture & Diversity : Our team comprises of freshers and experienced professionals from India, Japan, Taiwan, Korea, China, USA, UK, Colombia, etc. Crimson's culture helps each one feel a valuable part of a bigger team while retaining their individual beliefs and culture. 4. Our Ideologies, Our Beliefs: To us, growth is synonymous with progression, and our efforts are kindled to offer empowerment and flexibility to each one of us to share, learn, and grow. Our programs and culture assure our Crimsonites of all the elements required to build a strong and successful long-term career. In all that we offer to our Crimsonites, there are four main ideologies and beliefs that form the framework to the benefits we provide FLEXIBILITY | COMPETITIVE COMPENSATION | JOB SECURITY | PROFESSIONAL & FINANCIAL GROWTH Key Responsibilities: Invoice Tracking and Management: oMonitor accounts to identify outstanding debts. oTrack invoices, send timely reminders, and follow up on unpaid balances. oManage accounts receivable records and ensure accurate documentation. Collection Calls and Communication: oContact clients/customers via phone, email, and other communication channels to collect payments. oNegotiate payment plans, if needed, with customers to ensure timely receipt of payments. oAddress and resolve any billing discrepancies, payment issues, or disputes. Reporting and Analysis: oGenerate reports on the status of accounts receivable and collection efforts. oAnalyze aging reports and prioritize collections based on delinquency status. Collaboration with Other Departments: oWork closely with the sales, customer service, and finance departments to resolve disputes or misunderstandings that may delay payments. oCoordinate with accounting teams to ensure proper recording of payments in Tally. Customer Account Management: oMaintain updated customer account information including payment terms, contact information, and credit history. oEnsure compliance with the companys credit policies and payment terms. Escalation and Legal Action: oEscalate unresolved delinquent accounts to collection agencies or legal action when necessary. oProvide documentation and support for legal proceedings, if required. Technical skills: Knowledge of MS Word and PowerPoint Advanced knowledge of MS Excel Good typing speed Excellent written English skills Qualifications: Inter CA pass preferred (0-1 year of experience) Strong understanding of basic accounting principles and financial reporting. Excellent communication and negotiation skills. Strong organizational and time-management skills. Ability to work independently and handle multiple accounts.