We are looking for a Collection & Cash Application Executive with strong experience in Accounts Receivable (AR) within the staffing industry. The ideal candidate should have hands-on experience in collections, cash applications, billing, reconciliations, and client coordination.
Key Responsibilities
- Manage Accounts Receivable and collections, ensuring timely follow-up on overdue invoices and maintaining healthy DSO.
- Prepare and publish AR aging reports and provide regular updates on collection status.
- Apply customer receipts accurately against open invoices in ERP/accounting systems.
- Perform bank reconciliations and identify unapplied, short, or excess payments.
- Coordinate with clients to obtain payment remittance details and resolve payment discrepancies.
- Manage credit notes, debit notes, write-offs, and other adjustments as per company policies.
- Handle timesheets, billing, and collections effectively.
- Review and understand Agreements, SOWs, WOs, and POs.
- Work with VMS and time sheet portals.
- Ensure compliance with applicable GST and TDS requirements.
- Resolve billing disputes in coordination with internal billing teams.
Requirements & Qualifications
- 3+ years of relevant experience in Accounts Receivable.
- Prior experience in the staffing/recruitment industry is mandatory, preferably with significant exposure to the Indian AR process.
- Bachelor's or Master's degree in Commerce/Finance such as B.Com, M.Com, or MBA Finance.
- Strong proficiency in MS Excel and MS Word.
- Hands-on experience with ERP/accounting software.
- Positive verbal and written English communication skills for client interactions.