Accounts Receivable Specialist

Posted Yesterday
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Īnd, Chamba, Himāchal Pradesh
Senior level
Information Technology • Software
The Role
The Senior Accounts Receivable Specialist ensures the company receives payments for sales, records transactions, resolves discrepancies, prepares reports, oversees billing processes, manages audit information, and communicates with customers for timely payments. Additionally, they may mentor junior staff and identify process improvements.
Summary Generated by Built In

It's fun to work in a company where people truly BELIEVE in what they're doing!

Job Description Summary:

The Accounts Receivable Specialist provides financial, administrative and accounting support by ensuring the company receives payments for sales and properly records the transactions by posting receipts and resolving discrepancies according to established policies and procedures in an efficient, timely and accurate manner. May be called upon to mentor more junior members of the team.

Essential Duties and Responsibilities:

  • Set regular weekly and monthly deadlines to process the payment and accounts.
  • Prepare reports of regular intervals (monthly, quarterly and annual) making forecasts on payment flow.
  • Oversee the processing and organizing of bills, records and invoices ensuring quality maintenance at every step.
  • Ensure that all practices comply with the law.
  • Maintain SOPs and Detailed Process Maps (DPM)
  • Identify the process gaps/implement new programs and work on increasing the efficiency of the process through system automation, wherever possible
  • Negotiate and settle non-payment disputes with clients efficiently.
  • Keep track of all payment transactions to be upheld by the company’s clients.
  • Prepare and review the AR Aging Reports on weekly basis to resolve open and aged items
  • Review audit files and information required to understand the entity and its business help for managing audit.
  • AR query escalation management.
  • Monitor customer account aging’s for non-payments, delayed payments and other irregularities.
  • Communicate with customers via phone or email, ensuring invoice routing information is current and correct, so that invoices are received and paid timely.
  • Partner with Sales organization to address delinquent accounts.
  •  Stay current with industry’s best practices.

Required Qualifications:

  • 3+ years of experience to the field of Order to Cash or Accounts Receivable or Collections.

Preferred Qualifications:

  • M. Com, MBA or CA inter

Education:

Bachelor of Commerce (B.com)

Information Security:

Information security is everyone’s responsibility.  A fundamental principle of information security at Rocket Software is that all individuals in the organization have a responsibility for the security and protection of company information and IT Resources over which they have control, according to their role.

Diversity, Inclusion & Equity:

At Rocket we are committed to an inclusive workplace environment, where every Rocketeer can thrive by bringing their full selves to work. Being a Rocketeer means you are part of our movement to continually drive inclusivity, diversity and equity in our workforce.

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Rocket Software Inc. is committed to creating a diverse environment and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status. Rocket Software Inc. is also committed to compliance with all fair employment practices regarding citizenship and immigration status.

Rocket is committed to working with and providing reasonable accommodation to individuals with physical and mental disabilities.  If you need special assistance or an accommodation while seeking employment, please call: 781-577-4321 or send an email to [email protected].  We will make a determination on your request for reasonable accommodation on a case-by-case basis.

If you like wild growth and working with happy, enthusiastic over-achievers, you'll enjoy your career with us!

The Company
HQ: Waltham, MA
2,825 Employees
On-site Workplace

What We Do

Rocket Software empowers organizations to create legendary impact in the world through innovation in legacy technologies. With deep expertise in IBM Z, IBM Power, and database and connectivity solutions, Rocket solutions power tens of thousands of global businesses, solving real problems and making real-world impact.

With more than 70% of the world’s IT workload running on legacy platforms, Rocket helps companies and public-sector organizations innovate using the technology and data they already have, so they can always be ready for what comes next. Rocket customers include 44 of the Fortune 50, representing industries including Banking and Finance, Healthcare, Manufacturing, Transportation and Logistics, Retail and Insurance.

A Bain Capital portfolio company, Rocket is headquartered in the Boston area with centers of excellence strategically located throughout North America, Europe, Asia, and Australia.

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