Accounts Receivable Analyst

About Us

JOB DESCRIPTION

UnitedLex (erstwhile iRunway India Pvt Ltd) is a data and professional services company delivering outcomes that create value and competitive advantage for legal and the business. Our business is anchored by a passion for innovation brought to life by a global community of diverse individuals determined to deliver on the promise of data mastery, legal acumen, and human ingenuity

Job Tittle : Account Receivable Analyst

Business Unit : Finance

OVERALL, PURPOSE OF JOB :

The primary responsibilities of the Analyst will be to send statements to the clients and collect due / overdue balances. Coordinate with internal departments and assist clients to resolve their issues.

Daily processing of cash receipts and postings to customer accounts / customer invoices.

REQUIREMENTS & COMPETENCIES :

1. Professional experience in business-to-business collections and a corporate accounting environment performing similar or higher functions

2. Excellent written and verbal communication skills

3. Ability to interact with clients via call and email

4. Understanding of basic accounting principles, fair credit practices and collection regulations

5. Ability to work independently in a deadline oriented, fast paced environment

6. Customer focused with a desire to work as part of a team.

7. Understanding of financial regulations and accounting principles to ensure all tasks are performed in accordance with legal standards

8. Proficiency in MS Office- Excel, Outlook, Presentation, word

9. Bachelor’s degree in accounting or similar field required

10. Proven record of personal and professional achievement, including mastery of new technologies

RESPONSIBILITIES :

1. Circulate monthly / weekly statements to the clients / AP and follow-up via call or email with them to collect the past due balances

2. Monitor AR aging reports daily and review respective collections portfolio and take action to encourage timely payment by clients

3. Coordinate with internal teams to understand the queries / disputes raised by clients and provide resolutions

4. Identify collection issues, if needed escalate them on time

5. Record notes in the D365 ERP tool about steps taken related to collection activities

6. Keeping track of all payments and ensuring they are correctly applied to customer accounts

7. Reconcile accounts and make necessary adjustments or prepare related reports as necessary

8. Preparing reports on accounts receivable status

9. Implementing and maintaining internal controls to ensure compliance with company policies and accounting principles

10. Processing refunds and write-offs (if required)

11. Daily processing of cash receipts and postings to customer accounts / invoices

12. Ensure inter-company transfers are posted and handed off properly and non-customer payments posted properly

13. Identify daily unapplied amounts and follow up with stakeholders to identify the payment

14. Maintenance of records for auditing purposes

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