Accounts Receivable Officer

Job Title: Accounts Receivable Officer

Location: Nanakramguda, Hyderabad.

Experience: 2 to 5 Years

Education:

• Master's Degree in Accounting, Finance, Commerce, or related field
• Professional qualification preferred: CA / CMA / ACCA (Qualified, Part Qualified, or Pursuing)

Job Summary

We are seeking a detail-oriented and analytical Accounts Receivable professional responsible for invoice processing, receivables management, collections, cash application, reporting, and customer account reconciliation. The ideal candidate should possess strong accounting knowledge, hands-on experience in SAP S/4HANA and ERP systems, and the ability to manage end-to-end accounts receivable processes while ensuring compliance with company policies and financial controls.

Key Responsibilities

Accounts Receivable Management

• Generate, validate, and post customer invoices accurately and within agreed timelines.
• Review invoice details against contracts, purchase orders, sales orders, and supporting documentation.
• Maintain customer master data and accounts receivable records in SAP S/4HANA.
• Ensure accurate recording of receivable transactions and revenue-related activities.
• Reconcile customer accounts and resolve billing discrepancies.

Collections & Customer Follow-Up

• Monitor outstanding receivables and track customer payment behavior.
• Prepare and analyze aging reports to identify overdue accounts.
• Conduct collection activities through emails, calls, and customer interactions.
• Collaborate with Sales, Operations, and Customer Service teams to resolve billing disputes.
• Drive timely collections and support achievement of collection and DSO targets.

Cash Application & Reconciliation

• Process customer receipts and allocate payments against open invoices.
• Reconcile bank receipts with customer accounts.
• Investigate and resolve unapplied cash, short payments, deductions, and payment variances.
• Ensure accurate and timely cash posting and account reconciliation.

Reporting & Analysis

• Prepare daily, weekly, and monthly Accounts Receivable reports.
• Generate customer aging analysis, collection forecasts, and cash flow-related reports.
• Provide insights on overdue accounts, collection status, and account risks to management.
• Support month-end, quarter-end, and year-end closing activities.

Credit Control & Risk Management

• Monitor customer credit limits and payment terms.
• Review customer creditworthiness and support credit approval processes.
• Identify high-risk accounts and escalate potential collection issues.
• Assist in implementing risk mitigation strategies to reduce bad debt exposure.

Compliance & Audit Support

• Maintain complete and accurate documentation of invoices, receipts, credit notes, and collection communications.
• Ensure compliance with accounting standards, internal controls, and company policies.
• Support internal and external audits by providing required documentation and reconciliations.

Required Skills & Competencies

• Strong understanding of Accounts Receivable, Collections, Cash Application, and Credit Management
• Hands-on experience in SAP S/4HANA
• Exposure to ERP systems (Oracle, SAP, Microsoft Dynamics, NetSuite, or similar)
• Strong knowledge of accounting principles and financial reconciliations
• Experience in AR posting, reporting, and account review activities
• Proficiency in Microsoft Excel (Pivot Tables, VLOOKUP/XLOOKUP, Reporting)
• Strong analytical and problem-solving skills
• Excellent communication and stakeholder management abilities
• Ability to manage multiple priorities and meet deadlines.