Accounts Receivable Specialist at Redaptive

Pune, Maharashtra, India

Apply Now

Not SpecifiedCompensation

Junior (1 to 2 years), Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

Accounting, FinanceIndustries

Requirements

Excellent communication and interpersonal skills, with the ability to collaborate effectively with cross-functional teams and external stakeholders
Customer service orientation for maintaining positive relationships
Negotiation abilities for resolving billing disputes professionally
Proficiency in accounting software (e.g., NetSuite) for managing receivables efficiently
Advanced Excel skills for data analysis and reporting purposes
Knowledge of accounting principles for accurate transaction recording
Ability to perform reconciliations between accounts receivables sub-ledger and general ledger
Ability to support internal and external audits related to accounts receivable
Knowledge of CRM tools and uses (e.g., Salesforce)
Familiarity with process improvement methodologies to streamline Accounts Receivable
Experience in full-cycle Accounts Receivable including invoicing, customer payment application, collection activities, and month-end close duties

Responsibilities

Accounts Receivable Analysis (15%): Regularly analyze Accounts Receivable data to identify trends, discrepancies, and areas of improvement, including reviewing aging reports and conducting reconciliations to ensure accuracy and completeness of transactions through contract management
Collection Management (30%): Proactively manage the collection process by following up on overdue invoices, communicating with customers to facilitate payments, and resolving billing disputes or discrepancies promptly, including internal adjustments such as credit memos, RMAs, and write-offs
Record and Report (30%): Track revenue recognition and record all transactions within the recognized month; perform invoice submission and month-end close duties related to A/R such as reconciling A/R GL to sub-ledgers, performing journal entries, calculating bad debt reserve; perform month-end close reconciliations related to revenue (booking deferred revenue, preparing amortization schedules, accruals) and costs (booking estimated costs, PO vs. accrual review, accruing new project costs); prepare and distribute regular reports such as bi-monthly Aging reports and ad hoc requests
Process Improvement (15%): Assist in the development and implementation of policies, procedures, and systems to streamline the accounts receivable process, improve efficiency, and enhance effectiveness, including projects related to invoicing structure and leveraging technology solutions
Cross-functional Collaboration (5%): Collaborate with internal teams (sales, customer service, logistics, finance) to resolve issues related to billing, collections, and customer accounts through effective communication and teamwork
Audit Support (5%): Provide support for internal and external audits related to accounts receivable, including preparing documentation, responding to inquiries, ensuring compliance, and reviewing orders in CRM tool (Salesforce) including maintenance
Sales-type lease accounting through accounting software and other duties as assigned

Skills

Accounts Receivable

Invoicing

Payment Application

Collection Management

Aging Reports

Reconciliation

Month-End Close

Revenue Recognition

GL Reconciliation

Journal Entries

Bad Debt Reserve

Deferred Revenue

Accruals

Credit Memos

RMAs

Write Offs

Redaptive

Energy-saving solutions for commercial real estate

About Redaptive

Redaptive offers Energy as a Service (EaaS) by funding and installing energy-saving and energy-generating equipment for large organizations, mainly in commercial real estate. Their model allows clients to avoid upfront costs and repay through savings from reduced energy consumption. A unique aspect of Redaptive is its proprietary Data as a Service (DaaS) platform, which provides real-time data on energy usage for better monitoring and optimization. The company's goal is to transform how buildings consume resources, benefiting both the environment and financial performance.

Denver, ColoradoHeadquarters

2014Year Founded

$512.1MTotal Funding

LATE_VCCompany Stage

Data & Analytics, EnergyIndustries

201-500Employees

Benefits

Equity plan participation

Company-subsidized benefits: medical, dental, vision, life insurance

Flexible Spending Accounts: healthcare and dependent care

6% 401(k) match with immediate vesting

Flexible Time Off

Risks

Increased competition from emerging EaaS providers may impact market share.

Reliance on third-party financing could delay project implementations.

Rapid expansion may strain operational resources and lead to inefficiencies.

Differentiation

Redaptive offers a unique Energy-as-a-Service model with upfront cost financing.

Their proprietary Data-as-a-Service platform provides real-time energy usage data.

Redaptive's solutions help clients overcome capital and contractual barriers efficiently.

Upsides

Redaptive secured $100M to accelerate global decarbonization initiatives in 2024.

The company expanded its Denver headquarters, reflecting significant growth potential.

Redaptive's innovative metering program won a Top Project of the Year Award in 2024.

Land your dream remote job 3x faster with AI

Try Jobo Free