Valenta

Accounts Payable & Accounts Receivable Specialist

Valenta  •  Bengaluru, IN (Onsite)  •  5 months ago
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Job Description


Location: Bangalore only
Job Type: Full Time
Department: Finance
Shift: 11 AM to 8 PM
Qualification criteria
​
Bachelor degree in accounting, Finance, or a related field is preferred.
3+ years of experience in global accounts payable (mandatory), adequate experience in
accounts receivable roles preferred.
Strong understanding of accounting principles and basic financial reporting.
Experience in handling multi-currency bank accounts and payment platforms across Asia
Pacific, Europe, America & Australia.
Good knowledge of managing working capital and cash flows for a multinational business.
Proficient in Microsoft Excel, accounting tools like Xero, Zoho and experience handling
multiple banking and payment tools like Wise, Mercury and other payment platforms.
Excellent organizational, time management, and communication skills.
High level of accuracy and strong attention to detail.
Ability to work independently as well as part of a team in a fast-paced environment.
Key Responsibilities
Accounts Payable (AP):
Process PO-based and non-PO-based invoices, ensuring proper matching, approvals, and
coding in accordance with company policies.
Manage the AP mailbox, respond to vendor inquiries, and ensure timely handling of all
incoming communications.
Perform supplier balance reconciliations to maintain accurate and up-to-date vendor
accounts over Xero.
Prepare and send remittance advice to vendors upon successful payment processing.
Monitor and check the daily cash position to ensure adequate funds for payment runs.
Assist in performing bank reconciliations, identifying and resolving discrepancies between
bank statements, expense accounts and company records.
Coordinate with procurement and internal departments to resolve invoice discrepancies or
payment delays.
Support month-end and year-end closing processes with relevant AP reports and accruals.
Accounts Receivable (AR):
Generate and send customer invoices based on contracts, sales orders, or project
milestones, ensuring accuracy and timely delivery.
Process customer invoice entries in the accounting system and ensure proper
documentation is maintained.
Manage the AR mailbox, handle incoming emails, and respond to customer queries related
to billing, statements, and payments.
Monitor incoming payments via various channels (bank transfers, checks, online payments)
and apply receipts to the correct customer accounts.
Reconcile the accounts receivable ledger, ensuring all payments and adjustments are
correctly posted.
Collaborate with the sales and customer service teams to resolve billing issues, credit
disputes, and ensure a positive customer experience.
Valenta

About Valenta

According to a recent global survey conducted by McKinsey & Company, revenue increases as a result of adopting Digital Business Process Automation, or AI as it's commonly known, can exceed 10%.

Additionally, costs can potentially be decreased by more than 20% in some cases by implementing Digital Business Process Automation.

Any rules-based process in areas such as Marketing and Sales, Strategy and Corporate Finance, Supply Chain Management, Manufacturing, Risk, Product and Service Development, Service Operations, and HR can all be optimized by the adoption of Business Process Automation (BPA).

Valenta's Managing Partners are world leaders in BPA design and implementation for medium sized businesses.

With offices in 17 countries and over 400 staff and partners worldwide, we are ideally placed to help your business.

We provide customized solutions in Process Consulting, Digital Transformation, Staff Augmentation, Digital Marketing, and Learning.

All our services are designed to assist your business to improve competence and performance, while reducing costs.

Businesses operating in fiercely competitive markets require a competitive advantage, and Valenta provides you with this through our vast knowledge and quickly accessible resources.

We have a diverse understanding of business practices across regions. With our experience and global presence, Valenta prides itself on the ability to understand in detail, the process dynamics of each business, and we will put together a specific solution that meets your growth objectives.

Speak to our expert team at (606) 225-8509 or visit valenta.io to see how we can help your business thrive.

Industry
IT & Software
Company Size
501-1,000 employees
Headquarters
Clifton, New Jersey
Year Founded
2011
Website
valenta.io
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