Skill required: Order to Cash - Collections Processing
Designation: Order to Cash Operations New Associate
Qualifications:Any Graduation
Years of Experience:0 to 1 years
About Accenture
Accenture is a global professional services company with leading capabilities in digital, cloud and security.Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Technology and Operations services, and Accenture Song— all powered by the world’s largest network of Advanced Technology and Intelligent Operations centers. Our 699,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners and communities.Visit us at www.accenture.com
What would you do? You will be aligned with our Finance Operations vertical and will be helping us in determining financial outcomes by collecting operational data/reports, whilst conducting analysis and reconciling transactions. Optimizing working capital, providing real-time visibility and end-to-end management of revenue and cash flow, and streamlining billing processes. This team over looks the entire processes that starts from customers inquiry, sales order to delivery and invoicing. The Cash Application Processing team focuses on solving queries related to cash applications and coordination with the customers. The role requires a good understanding of cash applications, the process of applying unapplied cash, reconciliation of suspense account in cash application, and process them from payment receipt to finalization. The Collections Operations team focuses on managing collections and disputes such as debt collection, reporting on aged debt, bad debt provisioning, trade promotions, and outperform cash reconciliations. The team is responsible for follow up for missing remittances, prepare refund package with accuracy and supply to clients, record all collections activities in a consistent manner as per client process (tool), delivery of process requirements to achieve key performance targets, and ensure compliance to internal controls, standards, and regulations.
What are we looking for? Agent is responsible to process daily transactions. Transactions need to be handled according to procedures to ensure that they are accurately booked in relevant accounting system. The Analysts liaise with internal teams and third parties to investigate possible discrepancies in reconciliations. Key Responsibilities: • Execute operational process tasks according to service level expectations • Ensure that payments are processed within Clients SLA (Service Level Agreement) • Respond to queries and provide timely resolution. • Maintain good relationships with internal and external customers supporting smooth end to end cash application process • Ensure compliance with internal policies and procedures • Review existing processes and identify areas for improvement • Perform month-end analysis as requested. Agent is responsible to process daily transactions. Transactions need to be handled according to procedures to ensure that they are accurately booked in relevant accounting system. The Analysts liaise with internal teams and third parties to investigate possible discrepancies in reconciliations. Key Responsibilities: • Execute operational process tasks according to service level expectations • Ensure that payments are processed within Clients SLA (Service Level Agreement) • Respond to queries and provide timely resolution. • Maintain good relationships with internal and external customers supporting smooth end to end cash application process • Ensure compliance with internal policies and procedures • Review existing processes and identify areas for improvement • Perform month-end analysis as requested.
Roles and Responsibilities: •In this role you are required to solve routine problems, largely through precedent and referral to general guidelines • Your primary interaction is within your own team and your direct supervisor • In this role you will be given detailed instructions on all tasks • The decisions that you make impact your own work and are closely supervised • You will be an individual contributor as a part of a team with a predetermined, narrow scope of work • Please note that this role may require you to work in rotational shifts