The Finance Accounts Payable Accounts Receivable job administers and ensures compliance with accounts payable/receivable processes including assessment of invoice/payment discrepancies. Under limited supervision, this job reconciles and verifies all account balances and collaborates with the collections team on the restructuring of overdue accounts repayment.

Key Responsibilities and Duties
- Verifies accuracy of invoices, shipping documents, customer credit, and payment terms.
- Confirms all cash payments, cash receipts and outstanding account balances to maintain accurate accounting records.
- Enforces timely and accurate processing and payment of invoices to confirm that statements are correctly recorded.
- Conducts payment processes and application to customer balances in the accounts receivable ledger in a timely manner.
- Performs monthly and quarterly close and consolidation processes to ensure timely completion and accuracy.
- Verifies collection activities such as sending follow-up inquiries, negotiating with past due accounts,



and referring accounts to collection agencies to ensure compliance with accounting policies and procedures.
- Sends follow-up inquiries and works with the collections team on the restructuring of overdue accounts repayment.
- Provides assistance and training to lower level accounts payable / accounts receivable employees to ensure high-quality and timely completion of projects.

Educational Requirements
- Vocational and/or Technical Education Preferred

Work Experience
- 3+ Years Required; 5+ Years Preferred

Physical Requirements
- Physical Requirements: Sedentary Work

Career Level
4IC

Related Skills

Accounting Standards, Adaptability, Automation, Business Process Improvement, Collaboration, Compliance, Data Analysis, Data Entry/Validation, Innovation, Prioritizes Effectively, Technology Systems, Transaction Processing

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📌 Analyst - Accounts Payable & Receivable (Mumbai)
🏢 Teachers Insurance and Annuity Association of America (TIAA)
📍 Mumbai