The Senior AR Accountant is responsible for managing Accounts Receivable activities, including customer account management, dispute resolution, reconciliations, and month-end reporting. The role ensures accuracy, SOX compliance, and timely execution of AR processes while supporting continuous improvement and mentoring / Monitoring team members.
Key Responsibilities:
- Manage end-to-end AR processes including billing, collections, cash application, and account reconciliations, accruals, bad debt analysis, unbilled revenue, and reporting.
- Prepare customer statements and follow up on overdue invoices.
- Daily Bank collection and weekly payment entry posting
- Prepare monthly consolidated AR & customer advance report and follow up
- Monthly closing for AR related activities for both Intercompany and 3rd party
- Account reconciliation with 3rd party and intercompany customers and finance related AR reports
- CCD data collection and report
- Maintain compliance with internal controls, accounting policies, SOX requirements.
- Investigate and resolve customer deductions,
billing discrepancies, and unapplied cash.
- Manage credit limits, and customer account reviews
- Perform monthly AR reconciliations, including subledger V/s general ledger.
- Maintain compliance with internal controls, accounting policies, and audit requirements.
- Coordinate stakeholders and sales team resolve billing and payment issues.
- Prepare aging reports, DSO (Daily sales outstanding) dashboards, unapplied cash reports, and collection trackers.
- Identify trends in overdue accounts and recommend corrective actions.
- Identify gaps in AR processes and recommend improvements or automation.
Required Skills:
- Proficiency in MS Excel and other reporting tools.
- Valuable communication skills and teamwork
- Skills with Microsoft Navision will be a plus
- Strong analytical, problem-solving and communication skills.
- Ability to manage multiple priorities and meet deadlines.
- Experience in process improv
📌 Lead Accountant I (India)
🏢 AMETEK
📍 India