Process Associate

Job Summary

We are looking for a detail-oriented and motivated fresher to join the Finance team in the Accounts Receivable (AR) function. The role involves supporting cash application, collections, and AR reconciliation activities, including ensuring accurate posting of customer payments, monitoring outstanding invoices, and assisting in follow-ups for receivables.

Key Responsibilities

Key Responsibilities:Post customer payments (cash, cheque, wire transfers, online payments) to the correct invoices and accounts.Apply payments accurately against open invoices in ERP systems.Identify and resolve unidentified or partial payments.Maintain proper documentation of payment receipts and adjustments.Monitor outstanding invoices and track overdue payments.Send reminders and follow-ups for payment collection.Coordinate with internal teams and customers to resolve payment delays.Assist in preparing aging reports and collection status updates.Maintain records of collections, adjustments, and reconciliations.Prepare basic AR reports such as aging analysis and payment status reports.Ensure adherence to company policies and accounting standards.

Skill Requirements

Required Skills & Qualifications:Bachelor’s degree in Commerce, Accounting, Finance, or related field.Basic understanding of accounting concepts (debits, credits, invoices, receivables).Good knowledge of MS Excel (VLOOKUP, Pivot Tables is a plus).Strong attention to detail and accuracy.Good communication skills (written and verbal).Ability to work in a team and follow instructions.

Other Requirements

Learning Opportunities:Hands-on experience in end-to-end AR process.Training in cash application and collections strategy.Exposure to real-world finance operations and ERP systems.Development of analytical and communication skills.