Accounts Receivable Analyst

Position: Accounts Receivable Analyst

Location: East Hanover, NJ (Onsite)

About Us (TriOptus):

TriOptus is a leading IT Solutions provider to various Fortune 500 companies with competency in providing talent solutions to Banking & Financial Clients. We are headquartered at Clarksburg, Maryland with operations across US, Canada, UK, Australia, India and Philippines.

Website:

Job Description:

• Independently manage complex AR portfolios through collaboration with Customers, Customer Service, Sales/ Commercial team and other business areas for timely resolution.

• Request timely payment from assigned portfolio of accounts on invoices.

• Process timely refunds and adjustments, as needed, following departmental approval guidelines.

• Manage all matters related to invoice management including but not limited to invoicing, customer calls on past dues and escalations.

• Actively participate and prepare for meetings with internal stakeholders to ensure AR issues are reviewed and addressed.

• Coordinate meetings with external Customers to ensure AR issues are reviewed and addressed.

• Work closely with the Credit Manager on customer behavior and risk.

• Provide account summaries, action items and communicate [written and oral] account status to executive leadership.

• Generate, review and track statuses in the Aging Report and Open Transactions reports to ensure all line items are addressed and closed within predefined timeframes.

• Support the critical month-end financial close process and provide timely responses to all Revenue and GL Department inquiries.

• Utilize advanced skills in Excel to accumulate, organize and report on AR trends, closing periods and customer summaries.

• Support FRA Operations in designing reports to monitor financial results and compliance (DSO, DDO, % past due, KPIs, compliance cockpits)

• Participate in Continuous Improvement activities to improve daily processes.

• Ensure relevant NFCM controls are met.

• Additional tasks as designated by the AR Manager

Education:

Bachelor’s degree or 4 years of experience, or Associate’s degree and 2 years of experience in accounting, finance, other relevant field or equivalent experience

Experience:

• 3-5 years of experience in Accounts Receivable (exposure and expertise in invoice collections and refunds).

• Excellent research, problem solving and time management skills.

• High level of accuracy, efficiency and accountability.

• Demonstrated sense of urgency based on business demands.

• Excellent customer service: written and verbal communication skills

• Ability to build effective relationships with business partners.

• Ability to work independently with minimal supervision.

• Ability to work in a team environment.

• Process Excellence and Continuous Improvement mindset

• Lean Six Sigma preferred.

• SAP experience preferred.

• Credit risk experience preferred.

• Experience within the Pharmaceutical industry a plus.