Order to Cash Operations Associate at Accenture

Bengaluru, Karnataka, India

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Not SpecifiedCompensation

Entry Level & New Grad, Junior (1 to 2 years)Experience Level

Full TimeJob Type

UnknownVisa

Finance, Professional ServicesIndustries

Requirements

Any Graduation
1 to 3 years of experience
Skill in Order to Cash - Cash Application Processing
Adaptable and flexible
Ability to perform under pressure
Problem-solving skills
Detail orientation
Ability to establish strong client relationships
Good understanding of cash applications, applying unapplied cash, reconciliation of suspense account, and processing from payment receipt to finalization
May require working in rotational shifts

Responsibilities

Receive and deposit customer payments
Apply cash remittances and credits/adjustments
Maintain bad debt reserves and allowances
Prepare Accounts Receivable reporting
Post and reconcile Accounts Receivable activity to the general ledger
Solve queries related to cash applications and coordinate with customers
Execution of manual and automated payments through global banking system or portals
Cooperate closely with AP, Control and Treasury teams
Perform Bank Reconciliation at Month-end
Effective SOX controls
Support both internal and external audit processes
Monitor critical payments and be aware of country specific requirements
Carry out other duties as and when business requirements dictate
Be fully aware of personal workload, prioritise and organise to ensure deadlines are achieved
Ensure a high standard of professionalism is maintained and that customer care is foremost
Maintain a high standard of housekeeping in the work area and department
Contribute to the development of systems and improvement in working practices and processes
Solve routine problems through precedent and referral to general guidelines
Collect operational data/reports, conduct analysis, and reconcile transactions
Optimize working capital, provide real-time visibility and end-to-end management of revenue and cash flow, and streamline billing processes

Skills

Order to Cash

Cash Application Processing

Accounts Receivable

Cash Reconciliation

Suspense Account

Payment Processing

AR Reporting

General Ledger Reconciliation

Bad Debt Management

Accenture

Global professional services for digital transformation

About Accenture

Accenture provides a wide range of professional services, including strategy and consulting, technology, and operations, to help organizations improve their performance. Their services assist clients in navigating digital transformation, enhancing operational efficiency, and achieving sustainable growth. Accenture's offerings include cloud migration, cybersecurity, artificial intelligence, and data analytics, which are tailored to meet the needs of various industries such as financial services, healthcare, and retail. What sets Accenture apart from its competitors is its extensive industry knowledge and ability to deliver comprehensive solutions that address both immediate challenges and long-term goals. The company's aim is to support clients in reducing their environmental impact while driving innovation and growth.

Dublin, IrelandHeadquarters

1989Year Founded

$8.5MTotal Funding

IPOCompany Stage

Consulting, Enterprise Software, CybersecurityIndustries

10,001+Employees

Risks

Rapid AI advancements may outpace Accenture's current capabilities, risking competitive disadvantages.

Integration challenges from multiple acquisitions could affect Accenture's operational efficiency.

The rise of AI-driven startups may disrupt Accenture's market share in customer service solutions.

Differentiation

Accenture's acquisitions enhance its capabilities in digital twin technology for financial services.

The company is expanding its expertise in net-zero infrastructure through strategic acquisitions.

Accenture's focus on software-defined vehicles positions it as a leader in automotive innovation.

Upsides

Accenture's investment in EMTECH supports central bank modernization amid digital currency evolution.

The acquisition of Award Solutions boosts Accenture's presence in the growing 5G and IoT markets.

Accenture's strategic acquisitions align with high-growth markets like digital twins and net-zero projects.

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