Sr| Associate | Private Investment

The Finance Accounts Payable Accounts Receivable job administers and ensures compliance with accounts payable/receivable processes including assessment of invoice/payment discrepancies. Under limited supervision, this job reconciles and verifies all account balances and collaborates with the collections team on the restructuring of overdue accounts repayment.

Key Responsibilities and Duties
• Verifies accuracy of invoices, shipping documents, customer credit, and payment terms.
• Confirms all cash payments, cash receipts and outstanding account balances to maintain accurate accounting records.
• Enforces timely and accurate processing and payment of invoices to confirm that statements are correctly recorded.
• Conducts payment processes and application to customer balances in the accounts receivable ledger in a timely manner.
• Performs monthly and quarterly close and consolidation processes to ensure timely completion and accuracy.
• Verifies collection activities such as sending follow-up inquiries, negotiating with past due accounts, and referring accounts to collection agencies to ensure compliance with accounting policies and procedures.
• Sends follow-up inquiries and works with the collections team on the restructuring of overdue accounts repayment.
• Provides assistance and training to lower level accounts payable / accounts receivable employees to ensure high-quality and timely completion of projects.
Educational Requirements
• Vocational and/or Technical Education Preferred
Work Experience
• 3+ Years Required; 5+ Years Preferred
Physical Requirements
• Physical Requirements: Sedentary Work

Career Level
4IC
• Job Description Summary
The Finance Accounts Payable Accounts Receivable job administers and ensures compliance with accounts payable/receivable processes including assessment of invoice/payment discrepancies. Under limited supervision, this job reconciles and verifies all account balances and collaborates with the collections team on the restructuring of overdue accounts repayment.
• Job Description

The Finance Accounts Payable Accounts Receivable job administers and ensures compliance with accounts payable/receivable processes including assessment of invoice/payment discrepancies. Under limited supervision, this job reconciles and verifies all account balances and collaborates with the collections team on the restructuring of overdue accounts repayment.

Key Responsibilities and Duties
• Verifies accuracy of invoices, shipping documents, customer credit, and payment terms.
• Confirms all cash payments, cash receipts and outstanding account balances to maintain accurate accounting records.
• Enforces timely and accurate processing and payment of invoices to confirm that statements are correctly recorded.
• Conducts payment processes and application to customer balances in the accounts receivable ledger in a timely manner.
• Performs monthly and quarterly close and consolidation processes to ensure timely completion and accuracy.
• Verifies collection activities such as sending follow-up inquiries, negotiating with past due accounts, and referring accounts to collection agencies to ensure compliance with accounting policies and procedures.
• Sends follow-up inquiries and works with the collections team on the restructuring of overdue accounts repayment.
• Provides assistance and training to lower level accounts payable / accounts receivable employees to ensure high-quality and timely completion of projects.
Educational Requirements
• Vocational and/or Technical Education Preferred
Work Experience
• 3+ Years Required; 5+ Years Preferred
Physical Requirements
• Physical Requirements: Sedentary Work

Career Level
6IC

Related Skills
Accountability, Accounting Standards, Business Acumen, Client Relationship Management, Collaboration, Communication, Compliance, Data-Driven Business Intelligence, Due Diligence, Executive Presence, Financial Acumen, Financial Modeling, Financial Risk Management, Financial Statements, Fund Accounting, Market/Industry Dynamics, Stakeholder Engagement, Story Telling

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Company Overview

TIAA GBS India was established in 2016 with a mission to tap into a vast pool of talent, reduce risk by insourcing key platforms and processes, as well as contribute to innovation with a focus on enhancing our technology stack. TIAA GBS India is focused on building a scalable and sustainable organization , with a focus on technology , operations and expanding into the shared services business space.

Working closely with our U.S. colleagues and other partners, our goal is to reduce risk, improve the efficiency of our technology and processes and develop innovative ideas to increase throughput and productivity.

We are an Equal Opportunity/Affirmative Action Employer. We consider all qualified applicants for employment regardless of age, race, color, national origin, sex, religion, veteran status, disability, ****** orientation, gender identity, or any other protected status.

Accessibility Support

TIAA offers support for those who need assistance with our online application process to provide an equal employment opportunity to all job seekers, including individuals with disabilities.

If you are a U.S. applicant and desire a reasonable accommodation to complete a job application please use one of the below options to contact our accessibility support team:

Phone: (800) 842-2755

Email: accessibility.support@tiaa.org