Accounts Receivable Analyst

Posted 2 Days Ago
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Noida, Gautam Buddha Nagar, Uttar Pradesh
Mid level
Cloud • HR Tech • Information Technology
The Role
The Accounts Receivable Analyst is responsible for managing and analyzing outstanding accounts, posting customer payments, ensuring compliance with policies, and maintaining data integrity within financial statements. This role involves collaboration with stakeholders to resolve queries and participate in process improvement projects.
Summary Generated by Built In

Our story

Strada is a technology-enabled, people powered company committed to delivering world-class payroll, human capital management, and financial management solutions to organizations globally.

With a team of more than 8,000 experts and over 30 years of expertise, Strada blends leading-edge technology with human ingenuity to help businesses across the globe design and deliver at scale. Supporting over 1,400 customers in 33 countries, Strada partners with customers at every stage of their journey, to help drive their vision forward.

It’s why we’re so driven to connect passion with purpose. Our team’s experience in human insights and cloud technology gives companies and employees around the world the ability to power confident decisions, for life.

With a comprehensive total rewards package, continuing education and training, and tremendous potential with a growing global organization, Strada is the perfect place to put your passion to work.

Overall job purpose:

The Accounts Receivable Specialist is responsible for effective management, analysis and problem resolution of the outstanding accounts and the application of payments.

Essential Duties and Responsibilities:

  • Post customer payments by recording electronic and check transactions.
  • Updates receivables by totalling unpaid invoices.
  • Processing Customer payment Refunds
  • Working capital improvement - ensure account balances sanity by reviewing cash and credit balances with the Collectors and ensuring relevant reconciliation and escalations are completed to reduce these balances.
  • Summarizes receivables by maintaining invoice accounts, coordinating monthly transfer to accounts receivable account, verifying totals, and preparing reports.
  • Report Daily cash collection to management
  • Ensure daily recons are performed for payment received in the bank versus the cash applied in WD. Ensure system and GLs are aligned.
  • Full compliance to all policies and adherence to proper controls. 
  • Collaborate with various stakeholders (Billing, Finance, Tax, Collections) to perform cash application and resolve queries of external customers.
  • Ensure data integrity of all financial information within the financial statements and reports including identification of variances.
  • Ensuring the Service levels are met, documented, and maintained on productivity and quality.
  • Actively participates in implementation of new systems and process improvement projects.
  • Processing commission and loan related payments

Qualifications, work experience & personal skills

Essential

  • Graduate or Master’s degree in Finance
  • 3+ years of hands-on accounting experience in cash application and Accounts Receivable and/or Order to Cash
  • Strategic stakeholder management and influencing skills
  • Strong inter-personal skills - able to pro-actively communicate at all levels
  • Strong problem-solving skills and ability to look beyond own field or area of experience.
  • Knowledge of Order to Cash Processes and Working Capital Strategies
  • High level of personal motivation and focus with an ability to multi task
  • Excellent attention to detail
  • Experience working in a multinational organization (SSC environment)

Knowledge (Language, IT skills etc.)

Essential

  • Excellent Reporting and Analytical skills: Proficiency with Microsoft products, including Word, Excel, Outlook & Power Point
  • Working knowledge of financial reporting
  • Proficiency in written and spoken English.
  • Experience of using general ledger systems
  • Knowledge of working with data warehouses and ERP systems

Benefits

We offer programs and plans for a healthy mind, body, wallet and life because it’s important our benefits care for the whole person. Options include a variety of health coverage options, wellbeing and support programs, retirement, vacation and sick leave, maternity, paternity & adoption leave, continuing education and training as well as a number of voluntary benefit options. 

By applying for a position with Strada, you understand that, should you be made an offer, it will be contingent on your undergoing and successfully completing a background check consistent with Strada’s employment policies. Background checks may include some or all the following based on the nature of the position: SSN/SIN validation, education verification, employment verification, and criminal check, search against global sanctions and government watch lists, credit check, and/or drug test. You will be notified during the hiring process which checks are required by the position.

Our commitment to Diversity and Inclusion

Strada is committed to diversity, equity, and inclusion. We celebrate differences and believe in fostering an environment where everyone feels valued, respected, and supported. We know that diverse teams are stronger, more innovative, and more successful.

At Strada, we welcome and embrace all individuals, regardless of their background, and are dedicated to creating a culture that enables every employee to thrive. Join us in building a brighter, more inclusive future.

Diversity Policy Statement

Strada is an Equal Employment Opportunity employer and does not discriminate against anyone based on sex, race, color, religion, creed, national origin, ancestry, age, physical or mental disability, medical condition, pregnancy, marital or domestic partner status, citizenship, military or veteran status, sexual orientation, gender, gender identity or expression, genetic information, or any other legally protected characteristics or conduct covered by federal, state or local law. In addition, we take affirmative action to employ and advance in the employment of qualified minorities, women, disabled persons, disabled veterans and other covered veterans.

Strada provides reasonable accommodations to the known limitations of otherwise qualified employees and applicants for employment with disabilities and sincerely held religious beliefs, practices and observances, unless doing so would result in undue hardship. Applicants for employment may request a reasonable accommodation/modification by contacting his/her recruiter.

Authorization to work in the Employing Country

Applicants for employment in the country in which they are applying (Employing Country) must have work authorization that does not now or in the future require sponsorship of a visa for employment authorization in the Employing Country and with Strada.

Note, this job description does not restrict management's right to assign or reassign duties and responsibilities of this job to other entities; including but not limited to subsidiaries, partners, or purchasers of Strada business units.

We offer you a competitive total rewards package, continuing education & training, and tremendous potential with a growing worldwide organization.
 


DISCLAIMER:


Nothing in this job description restricts management's right to assign or reassign duties and responsibilities of this job to other entities; including but not limited to subsidiaries, partners, or purchasers of Alight business units.

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Top Skills

Microsoft
The Company
HQ: Lincolnshire, IL
11,899 Employees
On-site Workplace
Year Founded: 2017

What We Do

Alight is a leading cloud-based human capital technology and services provider that powers confident health, wealth and wellbeing decisions for 36 million people and dependents. Our Alight Worklife® platform combines data and analytics with a simple, seamless user experience. Supported by our global delivery capabilities, Alight Worklife is transforming the employee experience for people around the world. With personalized, data-driven health, wealth, pay and wellbeing insights, Alight brings people the security of better outcomes and peace of mind throughout life’s big moments and most important decisions. Learn how Alight unlocks growth for organizations of all sizes at alight.com.

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