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44 Veolia Water Technologies Jobs

Account Receivable Specialist

6-9 years

Bangalore / Bengaluru

1 vacancy

Account Receivable Specialist

Veolia Water Technologies

posted 2 weeks ago

Job Role Insights

Flexible timing

Job Description

Scope:
  • Drive collection process to reduce past due amounts. Escalation point to assist collectors with AR items related to disputes and reconciliations.
  • Ensure maintenance and adherence to desktop procedures by collectors.
  • Participate in daily "War Room" & Regional calls with collectors and regional teams; provide leadership and guidance; take actions as necessary.
  • Work with collections team on root cause analysis for AR issues; report process failures/gaps to leadership for action.
  • Manage accounts that are subject to suspension of supply/services for failure to pay within terms.
  • Maintain and control a "blacklist" of bad payers (recognizing corporate affiliations), establishing the terms under which business can be re-initiated (if at all) and being arbiter of any changes to that list.
  • Coordinate and provide best practice and training to Regional Collections Coordinators ensuring that they serve their teams with a common and fully informed approach to collections and work with our third-party service supplier.
  • Assist with held order release process.
  • Refer accounts for third party debt collection. Support collection activity as necessary for recovery.
  • Refer accounts for credit limit assessment and approve credit limits within established DOA. Determine solutions to mitigate credit limit impact on trading.
  • Coordinate with Customer Master Data team to ensure necessary master data is maintained in SAP.
  • Reporting of all facets of the role to senior leadership.
  • Documentation of all processes associated with the role
  • Support of audit requests related to activities of this position.
Metrics:
  • AR past due amounts by aging and percentage
  • Bad Deb Reserve amounts
  • Process document maintenance
Expectations:
  • Matrix leadership ability
  • Understanding and experience in commercial collection practices and processes
  • Willingness to prioritize best interests of business under pressure
  • Ability to prioritize best interests of business to meet established deadlines
Experienced in SAP & Excel
6 to 9 years of experience

Employment Type: Full Time, Permanent

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What people at Veolia Water Technologies are saying

Accounts Receivable Specialist salary at Veolia Water Technologies

reported by 3 employees with 7-8 years exp.
₹10 L/yr - ₹12 L/yr
119% more than the average Accounts Receivable Specialist Salary in India
View more details

What Veolia Water Technologies employees are saying about work life

based on 268 employees
67%
47%
46%
94%
Flexible timing
Monday to Saturday
No travel
Day Shift
View more insights

Veolia Water Technologies Benefits

Job Training
Health Insurance
Soft Skill Training
Free Transport
Work From Home
Cafeteria +6 more
View more benefits

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