Invoicing
⦁ Monitor processing of invoices on Clients based on information received from operations
⦁ Ensuring compliance with contract
Cash Allocation
⦁ Booking and Allocation of payments received from clients.
⦁ Assist with client reconciliation
⦁ Ensure Credit Notes and Invoices are properly offset.
Credit Control
⦁ Following up with Clients for collecting money
⦁ Ensuring excellent rapport & relationship with clients
⦁ Preparing Summary of money collected and overdue accounts
⦁ Identifying reasons/ block for non-payment of monies by clients
⦁ Following up with relevant departments to resolve issues so that money can be collected from client
⦁ Developing templates, policies, and procedures by each client for ensuring money from concerned clients are collected on timely basis
⦁ Liaison with Lawyers when needed for Delinquent accounts
AR Insurance
⦁ Understand the coverage requirements for AR
⦁ Knowledge Transfer - Transition of the activity to India for this function
⦁ Manages the Insurance requirements, coverage, settlement and renewal process on an ongoing basis.
Customer Service and Reconciliation
⦁ Liaise with Operations to resolve any queries raised by Clients
⦁ Responding to inquiries from operations / clients and resolve issues.
⦁ Perform AR reconciliations.
Month End
⦁ Assist with AR sub-ledger close process and other Month End activities (Bad debt provision, Unbilled Revenue, WIP)
⦁ Ensure monthly checklists are completed by the month end and signed off by Senior Accountant
⦁ Prepare monthly, quarterly, annual and ad- hoc forecasting reports