Finance Analyst - R01546836

Primary Skills

• Budgeting, Funding & Finance Management, cash application

Job requirements

• Job Overview:

We are seeking a highly motivated and detail-oriented AR analyst to support our Account Receivables team. As full-time analyst, you will be responsible for timely and accurate application of incoming payments, monitoring accounts receivable aging, and performing collections activities. This role involves communication with customers, resolving disputes, ensuring accurate cash application, and optimizing the company's cash flow.

 

Key Responsibilities:

 

Cash Application:

• Assist in processing incoming payments and applying them to the appropriate customer accounts.
• Reconcile cash receipts with open invoices and ensure accuracy in accounts receivable records.
• Research and resolve payment discrepancies, including overpayments, underpayments, or misapplied payments including payment reconciliations, TDS entries & Inter-company payment movements.
• Communicate with internal teams to obtain necessary information or clarification regarding payment issues.
• Support the generation of reports related to cash application activities.
• Other duties as assigned.

 

Collections:

• Monitor accounts receivable aging reports and ensure timely follow-up on overdue accounts.
• Contact customers to resolve outstanding payments through emails and calls.
• Record and maintain detailed records of collection activities, including communication history and payment promises.
• Prepare and send reminder notices or dunning letters to customers as required.
• Collaborate with customers and internal teams to resolve billing issues and disputes.
• Work on collection forecast and credit assessment along with other collections related reporting’s.

 

Requirements:

• Bachelor’s degree in finance, accounting, Business Administration, or related field (preferred).
• Minimum of 3-4 years of experience in accounts receivable, cash application, or collections.
• Excellent communication and negotiation skills.
• Strong attention to detail and accuracy.
• Strong problem-solving & analytical skills and ability to handle complex reconciliation issues.
• Proficient in Microsoft Excel and other Office applications.
• Ability to multi-task and meet deadline