Position Summary

As a Senior Associate - Accounts Receivable - Detail-oriented and results-driven Accounts Receivable professional with 10+ years of experience in cash receipts, cash application, reconciliations, ageing management, and overall accounts receivable operations, hands-on knowledge of widely used ERP and accounting systems commonly adopted by global organizations. The role will independently manage key Accounts Receivable activities for assigned partner firms, including retrieving and reviewing bank statements, preparing and publishing accurate cash receipt reports, managing cash application based on remittance and client instructions, monitoring outstanding and unapplied payments, and supporting timely resolution of AR-related matters. In addition to regular operational responsibilities, the Senior Associate is expected to be analytically sound and demonstrate a strategic mindset by identifying trends and exceptions, anticipating issues, assessing root causes, prioritizing actions based on business impact, and recommending practical improvements to strengthen accuracy, controls, turnaround time, and overall process effectiveness.

Key Responsibilities:

- Manage Accounts Receivable activities for assigned US partner firms.

- Manage AR ageing for customers (Debtors), proactively follow up on overdue balances, and drive collection of outstanding amounts to support reduction in DSO (Days Sales Outstanding) and improve cash flow.

- Send emails with complete details of outstanding balances to clients and relevant stakeholders.

- Retrieve and review bank statements and prepare accurate and timely cash receipt reports for assigned partner firms.





- Ensure cash receipt reports are appropriately reviewed, reconciled, and published to relevant stakeholders within agreed timelines.

- Manage cash applications for respective partner firms and apply payments as per remittance and client instructions.

- Ensure timely and accurate processing and application of payments and maintain updated AR records.

- Analyze and report on unapplied payments and coordinate with relevant stakeholders for timely resolution.

- Perform analytical review of ageing, cash receipts, cash application, unapplied balances, DSO trends, and other AR data to identify trends, exceptions, risks, and areas requiring attention.

- Demonstrate a strategic and forward-looking approach by anticipating potential AR issues, identifying recurring process gaps and root causes, and recommending practical solutions.

- Prioritize AR activities and follow-ups based on ageing, value, risk, and business impact, while taking end-to-end ownership of assigned partner firms.

- Support reconciliation activities and independently investigate discrepancies between bank receipts, customer remittances, and accounting records.

- Collaborate with internal teams and US-based stakeholders to resolve billing, payment, cash application, and dispute-related matters.

- Identify opportunities to improve reporting accuracy,



process controls, turnaround time, standardization, and operational efficiency, and support management with ad-hoc AR analysis and reporting.

Requirements:

- Minimum 10+ years of experience in Accounts Receivable, preferably with experience independently managing AR and cash application activities.

- B. Com Graduate, Post Graduation/MBA or equivalent qualification in Finance.

- Proven experience in Accounts Receivable (US region).

- Strong working knowledge of AR, cash receipts, cash application, ageing, debtor collections, DSO monitoring, reconciliation, and reporting.

- Strong analytical aptitude with the ability to interpret AR data, identify trends and exceptions, investigate variances, and translate analysis into actionable insights.

- Strategic mindset with the ability to look beyond routine transactional activities, anticipate issues, assess business impact, and identify opportunities for process improvement.

- Excellent communication and stakeholder management skills.

- Hands-on experience with widely used ERP and accounting systems commonly adopted by global organizations, along with strong proficiency in Microsoft Excel and other MS Office applications.

- Solid understanding of US GAAP and financial reporting requirements.

- Exceptional analytical, problem-solving, and organizational skills.

- Excellent communication and interpersonal skills.

Work Schedule:

- Full Time

- Work hours: Since this role interfaces directly with US based colleagues and counterparts, it will require working between 2 pm and 11 pm IST

- Three days working from office.

📌 Senior Associate - Accounts Payable (Hyderabad)
🏢 Current India
📍 Hyderabad