Accounts Receivable Analyst

The primary responsibilities of the Accounts Receivable Analyst:

Functional Responsibilities:

• Manage the accounts receivable process, including invoicing, cash application and collections, ensuring accurate and timely recording of revenue and proper billing to customers.
• Review and analyze customer accounts, investigating discrepancies and resolving billing issues and providing timely and accurate responses to customer inquiries.
• Collaborate with cross-functional teams, such as sales, customer service and project management, to ensure proper alignment of billing activities with contract terms, pricing and project milestones.
• Monitor accounts receivable aging and collections, identifying delinquent accounts and implementing appropriate collection strategies to minimize bad debt and improve cash flow.
• Ensure the accurate reconciliation of accounts receivable ledger and revenue accruals including Balance Sheet reconciliation.
• Generate and distribute customer invoices, ensuring accuracy, proper supporting documentation and adherence to contractual terms and regulatory requirements.
• Conduct accurate and timely reporting of Total Contract Value for the month and YTD including the unwind.
• Assist in the development and implementation of billing and accounts receivable policies, procedures and controls, ensuring compliance with accounting standards and company policies.
• Prepare and analyze accounts receivable reports and metrics, providing insights on billing trends, collection performance and customer creditworthiness.

Knowledge, Skills & Experience

Academic & Professional Qualifications:

• Bachelor's degree in Accounting, Finance, Business, or equivalent.

Experience:

• 2-3 years’ experience in accounting, billing, or a similar field.

Skills and Requirements:

• Strong understanding of accounts receivable processes, billing procedures, and financial principles.
• Proficiency in using accounting software and tools for transaction processing and data analysis.
• Excellent attention to detail, accuracy, and analytical skills to reconcile transactions, identify discrepancies, and resolve billing issues.
• High degree of proficiency is MS Excel and other applications.