Senior Accounting Specialist O2C

As an SAS, you will be part of a team responsible for performing tasks within the Order to Cash Stream [AR billing, Revenue recognition, Cash apps & Collections], as well as your involvement in the Month End Closing process and some other specific accounting activities related to the stream.The performance should meet the requirements defined in the SLA/KPI’s

• Creation & Review of the Customer master data & project and contract masters, Sales Orders, change orders, Product ID/Items, and Tasks are created correctly.
  
• Verify the sales CRM/SFDC data is accurately integrated into accounting ERP.
  
• Thorough understanding of the Sales Orders and Coversheets to set up the billing schedules, Milestone/ % completion, Invoice templates, and Revenue schedules in the accounting ERP.
  
• Ensure billing schedules, Deferred revenue schedules, and revenue recognition is accurate.
  
• Review AR Invoices & credit notes before sending the client/customer for approval/payment.
  
• Able to understand and handle the Client/Customer queries diligently in one/two email iterations
  
• Close all client/customer open items and respond to the Client/Customer emails within 24 hr TAT and within 4 hr TAT for urgent/critical emails.
  
• Close monitoring and coordination with Cash & Collections Team on unapplied and unidentified payments.
  
• AR sub-ledger close process and other Month End activities [Deferred Revenue, Revenue fluctuation analysis, Bad debt provision, Unbilled Revenue, WIP, Sales commission, Sales Tax]
  
• Review AR Balance Sheet Reconciliations GL vs Sub-GL, Contra AR, Deferred revenue, Billed, unbilled & other accounts.
  
• Ensure the merchant accounts are reconciled weekly/monthly to keep the accounts tidy.
  
• Collaboratively work with the Staff, Team Lead, and Controllers to resolve the Issues.
  
• Ensure the DTP/Procedure documents and checklists are updated timely.
  
• Record Learning opportunities, and recommend the corrective action plan to avoid recurrences.
  

Job Types: Full-time, Permanent

Pay: From ₹600,000.00 per year

Benefits:

• Commuter assistance
  
• Food provided
  
• Health insurance
  
• Provident Fund
  

Work Location: In person