Analyst/Sr Analyst - Client Master Data Management/AR Operations

Posted 2 Days Ago
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Mumbai, Maharashtra
Hybrid
Entry level
Blockchain • Fintech • Payments • Cryptocurrency
The Role
The Analyst/Sr Analyst is responsible for managing accounts receivable processes including setting up client accounts, generating invoices, monitoring payments, escalating unpaid invoices, leading collection efforts, and reporting on receivables. This role requires collaboration with various stakeholders to improve collections efficiency and ensure compliance with contracts.
Summary Generated by Built In

Nium, Global Leader in Payments

 

Nium, the global leader in real-time, cross-border payments, was founded on the mission to deliver the global payments infrastructure of tomorrow, today. With the onset of the global economy, its payments infrastructure is shaping how banks, fintechs, and businesses everywhere collect, convert, and disburse funds instantly across borders.

Its payout network supports 100 currencies and spans 220+ markets, 100 of which in real-time. Funds can be disbursed to accounts, wallets, and cards and collected locally in 35 markets. Nium's growing card issuance business is already available in 34 countries. Nium holds regulatory licenses and authorizations in more than 40 countries, enabling seamless onboarding, rapid integration, and compliance – independent of geography. The company is co-headquartered in San Francisco and Singapore. 


About the Role


The Accounts Receivable (AR) Analyst is responsible for managing the end-to-end process of receivables, right from setting up new client accounts in line with contractual agreements to generating and issuing invoices. This role ensures timely payment, escalates unpaid invoices when necessary, and leads the collection efforts. The AR Specialist will also organize regular review meetings with regional account management heads and issue detailed reports analyzing the receivables position, including aging and other critical metrics.

Key Responsibilities

  • 1. Client Account Setup:

  • Ensure proper and accurate setup of new client accounts in the system.
  • Review and verify contract terms and ensure alignment with Compliance & AR processes.
  • Maintain up-to-date records for each client, ensuring all contract terms are accurately reflected.

  • 2. Invoicing and Billing


  • Generate and issue monthly invoices in line with contractual obligations.
  • Ensure all invoices are accurate, include all necessary details, and are sent in a timely manner.
  • Handle adjustments or corrections to invoices as needed and ensure reissuance where applicable.

  • 3. Payment Monitoring and Follow-up:


  • Track payments against issued invoices and ensure timely follow-up on unpaid balances.
  • Send reminders to clients for outstanding payments based on the AR schedule.
  • Lead the collection efforts by collaborating with internal and external stakeholders to resolve payment delays.

  • 4. Escalation of Unpaid Invoices:


  • Identify and escalate overdue invoices as per company policies.
  • Collaborate with account management and sales teams to resolve client disputes affecting payment.

  • 5. Receivable Review Meetings:


  • Organize regular receivables review meetings with regional account management heads.
  • Present the current receivables status, highlight overdue accounts, and agree on action items for collections.

  • 6. Reporting and Analysis:


  • Prepare and distribute detailed reports analyzing receivable positions, aging, and payment patterns.
  • Provide insights on overdue accounts, potential risks, and recommendations for improving collections efficiency.
  • Track key performance metrics such as days outstanding and collections forecast.

  • 7. Collaboration and Communication:

  • Act as the point of contact for accounts receivable matters both internally and externally.
  • Work closely with the finance team, account managers, client servicing managers and clients to ensure smooth and efficient collections.8. Compliance and Process Improvement:
  • Ensure compliance with company policies, regulations, and accounting standards.
  • Continuously review AR processes and recommend improvements to enhance efficiency and accuracy.

  • 8. Compliance and Process Improvement:

  • Ensure compliance with company policies, regulations, and accounting standards.
  • Continuously review AR processes and recommend improvements to enhance efficiency and accura

Requirements

  • Bachelor’s degree in Finance, Accounting, or related field.
  • Proven experience in an accounts receivable or similar role.
  • Strong knowledge of invoicing, billing processes, and accounts receivable management.
  • Proficiency in financial software and Microsoft Office (Excel, Word).
  • Strong analytical skills and attention to detail.
  • Excellent communication and interpersonal skills.
  • Ability to work independently and as part of a team.

  • Key Competencies:

  • Analytical Thinking: Ability to interpret and present complex data in a clear manner.
  • Attention to Detail: High level of accuracy in managing financial data and invoicing.
  • Communication: Ability to liaise effectively with clients, account managers, and other internal teams.
  • Problem Solving: Proactively address and resolve issues related to receivables and collections.
  • Time Management: Manage multiple priorities and deadlines effectively

What we offer at Nium

 

We Value Performance: Through competitive salaries, performance bonuses, sales commissions, equity for specific roles and recognition programs, we ensure that all our employees are well rewarded and incentivized for their hard work. 


We Care: The wellness of Nium’ers is our #1 priority. We offer medical coverage along with 24/7 employee assistance program, generous vacation programs including our year-end shut down. We also provide a flexible hybrid working environment (3 days per week in the office). 


We Upskill Ourselves: We are curious, and always want to learn more with a focus on upskilling ourselves. We provide role-specific training, internal workshops, and a learning stipend. 


We Constantly Innovate: Since our inception, Nium has received constant recognition and awards for how we approach both our business and talent opportunities. Check out CNBC World’s Top Fintech Companies 2024.


We Celebrate Together: We recognize that work is also about creating great relationships with each other. We celebrate together with company-wide social events, team bonding activities, happy hours, team offsites, and much more!


We Thrive With Diversity: Nium is truly a global company, with more than 33 nationalities, based in 18+ countries and more than 10 office locations. As an equal opportunity employer, we are committed to providing a safe and welcoming environment for everyone.

For more detailed region-specific benefits: https://www.nium.com/careers#careers-perks


For more information visit www.nium.com 


Depending on your location, certain laws may regulate the way Nium manages the data of candidates. By submitting your job application, you are agreeing and acknowledging that you have read and understand our Candidate Privacy Notice located at www.nium.com/privacy/candidate-privacy-notice.

The Company
713 Employees
Hybrid Workplace
Year Founded: 2015

What We Do

Nium is an advanced payments platform redefining the way consumers and businesses send, spend, and receive funds across borders. Nium’s goal is to make the movement of money seamless through being a universal plug for financial services. The company uses agile, elegant, and modular solutions for complex business problems. Be it an Individual, new-age digital bank, or a traditional industry behemoth, Nium prides itself on creating financial infrastructure for every level of sophistication.


Nium’s key solutions:
• Pay-ins
• Pay-outs
• Card issuance
• Banking-as-a-service
• Crypto-as-a-service

We are a global leader in B2B modern money movement
• Launched the world’s first global platform for crypto-as-a-service
• $280M Funding
• Series D
• $2B Valuation
o 130+M End customers
o 190+ Payout markets
o 100+ Supported currencies
• Named on CB Insight’s Fintech 250 List
• Financial Times’ List of Asia-Pacific High-Growth Companies 2021
• Fintech Employer of the Year’ at the 2021 Singapore Fintech Festival
• Best B2B Payment Platform’ at the 2021 Future Digital Awards

Why Work With Us

We, at Nium, are on a mission to transform modern money movement. We are driven by our co-created values of "seek the simple", "make it better" and "win it together".
These aren't just buzzwords; they're how we do business every day and owned by each and every employee at Nium. We create new rules and new possibilities for a world of open money.

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