31 Jul
|
Regal Rexnord
|
Mumbai
31 Jul
Regal Rexnord
Mumbai
Work Model: You’ll work in a hybrid mode, onsite at your designated Regal Rexnord location, with flexibility to work remotely.
SUMMARY
The incumbent will be responsible for managing end-to-end collections for West Chester region, ensuring timely follow-ups, resolving payment issues through cross-functional coordination, and minimizing overdue risk. Handles accurate accounting of receipts, customer reconciliations, intercompany balances, and AR transactions. Ensures compliance with banking and export regulations, while maintaining solid communication, ownership, and analytical skills
Essential Duties and Responsibilities
Account Receivable - Collection
Independently managing communication with overseas customers related to collection.
Regular follow up for collection by emails/ phone calls as needed.
Resolving issues related to collection by escalating it to the immediate manager & coordinating with internal departments like Sales, Customer Service, Operations and Quality etc.
Sending outstanding statements, and dunning letters to customers in case of delayed payments.
Analysis of past due collections by reason and reporting weekly collections against forecast.
Resolving old collection issues in time to avoid bad debt risk.
Account Receivable - Accounting
Ensuring correct and timely accounting of receipts from customer
Timely Customer account reconciliation and resolving the differences
Sending monthly intercompany statements and reconciliation of Intercompany Account balances.
Ensuring proper accounting for AR related Credit note, Debit note, Bank Receipts.
Banking Compliances
Ensuring submission of export invoices to bank in time and Credit notes to Bank for closure of Bank Reference
Ensuring correct Closure of bank records for receipts (Collection) from customer
Monitoring periodic export outstanding statement from bank and ensure correctness.
Functional Competencies
Knowledge of Accounting standards on revenue recognition US GAAP & Ind AS Knowledge Management
📌 Credit Analyst Ii Mumbai
🏢 Regal Rexnord
📍 Mumbai