Analyst- Accounts Receivable- Gurugram

About Company

BDO is a global network of professional services firms with a presence in over 166 countries, revenue of over USD 14 billion, and experience of over 60 years. Its a leading service provider for the mid-markets with client service at its heart.

BDO India Services Private Limited (or BDO India) is the India member firm of BDO International. BDO India offers strategic, operational, accounting and tax, and regulatory advisory & assistance for both domestic and international organizations across a range of industries. BDO India is led by more than 300+ Partners & Directors with a team of over 10,000 professionals operating across 14 cities and 20 offices. We expect to grow sizably in the coming 3-5 years, adding various dimensions to our business and multiplying and increasing the current team size multi-fold.

Role Overview

We are looking for a detail-oriented Accounts Receivable Executive to manage incoming payments, reconcile accounts, and ensure timely collection of receivables. The role requires working closely with internal sales teams, insurance partners, and customers to maintain healthy cash flow and minimize outstanding dues.

Key Responsibilities

1. Billing & Invoicing

• Generate and process invoices for insurance policies, brokerage, and partner commissions.
• Ensure accuracy in invoicing as per agreements with insurers and partners.
• Maintain proper documentation and audit trails.

2. Receivables Management

• Track and monitor outstanding receivables from insurance companies, agents, and customers.
• Follow up on overdue accounts and ensure timely collections.
• Maintain aging reports and highlight risks.

3. Reconciliation

• Perform regular reconciliation of:
• Customer accounts
• Insurance partner payments
• Bank statements
• Identify discrepancies and resolve them promptly with stakeholders.

4. Collections & Coordination

• Coordinate with internal sales, operations, and partner teams to address billing disputes.
• Communicate with clients/partners for payment follow-ups.
• Ensure compliance with agreed credit terms.

5. Reporting & Compliance

• Prepare periodic MIS reports on receivables, collections, and aging.
• Support audits by providing relevant financial records.
• Ensure compliance with company policies and regulatory requirements.

Required Skills & Qualifications

• Bachelors degree in Commerce / Finance (B.Com, M.Com, )
• 2-5 Years of experience in Accounts Receivable / Finance
• Strong knowledge of accounting principles and reconciliation processes
• Experience with ERP systems (SAP, Oracle, Tally, or similar)
• Proficient in Excel (VLOOKUP, Pivot Tables, etc.)