Posted 15 hours ago

Finance Specialist – Accounts Receivable

INSUB ABB Business Services Private Limited India, Bangalore, Karnataka, India
Onsite Full Time

Job description

At ABB, we help industries run leaner and cleaner—and every person here makes that happen. You’ll be empowered to lead, supported to grow, and proud of the impact we create together. Join us and help run what runs the world. This Position reports to: Accounting & Reporting Manager - Account Roles & Responsibilities: Process incoming payments: Apply Cheque/ RTGS/NEFT/Wire/ ACH/ Lockbox payments to customer accounts Review and manage customer accounts: clearing of invoices against payments Reconcile discrepancies: Investigate and resolve payment mismatches, short payments, and unapplied cash. Follow-up and resolve unapplied Cash by applying it against appropriate AR item Analysis of Open credits and apply it against appropriate open AR item Maintain accurate records: Ensure timely and correct posting of payments in accounting systems Support audits and reporting activities: Assist in coordination with statutory auditors on quarterly and year-end audits Prepare MIS for management reviews as well as reports for AR monthly closing activities Perform general ledger account reconciliation [AR accounts] Active participation in the calculation of Specific and General Provisions Coordinate with internal teams: Work closely with Business Controllers, Collections, and Other Stakeholders to resolve issues. Living ABB’s core values: These include safety and integrity, which means taking responsibility for your own actions while caring for your colleagues. Active participation in projects: Cash Application is involved in multiple projects including PC Re-org, Business Partner Split / LILAC (RARO separation related activities) Knowledge, Skills and Experience: Bachelor’s or Master’s degree in Finance with 3 to 4 years of experience in Order to Cash process [O2C], covering Cash application, reconciliation, collection management, reporting and accounting. SAP ERP experience. Must be flexible in working for any shift timings. Good communication skills. Must be proficient in MS Office Suite, SAP knowledge is huge plus High level of accuracy and attention to details, pro-active and “can do“ attitude Ability to cooperate in a dynamic and learning environment ABB Transport Zone limits Kindly note that ABB provides transportation facilities only to employees residing within the designated ABB Transport Zone. Please verify whether your current location falls within the serviceable area by using the link below. (GBS Transport Eligibility). Building a cleaner, smarter future takes all kinds of minds: the curious, the courageous, and the creative. We welcome people from all backgrounds and experiences. Ready to make an impact? Apply today or visit www.abb.com to learn more about the impact of our solutions across the globe. Recruitment Fraud Warning ABB never asks for payment from job applicants. All genuine job offers follow a formal application and interview process. View current job openings and apply at: https://careers.abb/global/en/home For more information, read our full fraud warning notice at: https://global.abb/group/en/careers/how-to-apply/fraud-warning Why ABB Working at ABB gives you the opportunity to contribute to a healthier and more prosperous world. Add to your story by joining a passionate team, focused on pushing the boundaries of technology to drive performance, shape new business models and find new ways of working that benefit our customers, partners and society. We want you to be proud of being part of ABB. We care At ABB, we care about our people and their stories. We create safe, fair, equitable and inclusive working environments in which our people can succeed and develop, regardless of gender, ethnicity, sexual orientation or cultural, religious or social background. Diverse teams make us stronger. ABB is also committed to a high standard of integrity in everything we do. We grow We help our people succeed and develop, and we empower them to create their own careers at ABB. Our benefits, reward and development programs encompass a wide array of offerings. How to apply Do you want to shape the future, together with us? Get more insights into our recruitment process and find some helpful tips and tricks how to join the team. Make our story your story.

Skills and functions

  • Finance