Senior Associate - Order to Cash (OTC) Collections at S&P Global

Gurugram, Haryana, India

S&P Global  Logo
Not SpecifiedCompensation
Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Financial Services, FinanceIndustries

Requirements

  • Strong understanding of OSTTRA businesses, capabilities, and data
  • Complete understanding of billing systems, specifically SAP, and ability to engage with technical teams to resolve issues
  • Experience in process and systems transition
  • Ability to draft risk and control matrix for the collections process and create/maintain robust documentation
  • Passion for independent work with Sales, Business Heads/Leads, and clients to build professional relationships and optimize collections to industry standards
  • Obsession with efficiency, proactively identifying opportunities to enhance/streamline processes, fix gaps, remove waste, leverage automation, and share best practices

Responsibilities

  • Deliver the Collections process for designated OSTTRA product lines and develop/maintain relevant SOPs
  • Ensure appropriate allocation of clients to team members for timely collection and issue resolution; build strategic metrics to proactively identify issues, patterns, and strengthen relationships with key clients, Sales, and AMs
  • Maintain complete control of client emails, open issues with clear actions for end-to-end closure
  • Develop and manage Interactive Commercial Dashboard highlighting value additions, delays, issues, and cashflow optimization opportunities; develop/implement realistic payment plans and schedules
  • Collaborate cross-functionally with Sales, Technology, Finance, and customers to resolve billing errors, credit issues, payment disputes, and expedite collections; serve as main point of contact and provide support to Billing Team for invoice amendments
  • Proactively identify and resolve discrepancies/issues in the order cycle (e.g., billing errors, address issues, incorrect product info, PO requirements, tax issues)
  • Produce key metrics including Cash Inflow forecast to Treasury, Collection Effectiveness Index (CEI), Recovery Rate, Right Party Contact (RPC) Rate
  • Lead engagement with auditors for Collections process and ensure timely closure of audit items
  • Lead initiatives/projects to support business-driven/system changes
  • Work UK shift

Skills

Order to Cash
OTC Collections
SAP
Account Management
SOPs
Billing Systems
Client Relationship Management
Financial Reporting

S&P Global

Provides financial information and analytics services

About S&P Global

S&P Global provides financial information and analytics to a wide range of clients, including investors, corporations, and governments. The company offers services such as credit ratings, market intelligence, and indices, which help clients understand and navigate the global financial market. S&P Global's products work by utilizing advanced data analytics and research to deliver insights that assist clients in making informed decisions and managing risks. Unlike many competitors, S&P Global has a diverse range of divisions, including S&P Global Ratings and S&P Dow Jones Indices, which allows it to cater to various financial needs. The company's goal is to support clients in driving growth while also committing to corporate responsibility and positive societal impact.

New York City, New YorkHeadquarters
1917Year Founded
IPOCompany Stage
Data & Analytics, Financial ServicesIndustries
10,001+Employees

Benefits

Health Insurance
Unlimited Paid Time Off
Professional Development Budget
401(k) Company Match
Family Planning Benefits
Employee Discounts

Risks

Integration challenges with new acquisitions like ProntoNLP may cause operational issues.
Increased competition from AI-driven platforms like Brooklyn Investment Group.
Dependence on volatile credit ratings market could impact revenue stability.

Differentiation

S&P Global integrates advanced AI tools for superior financial analytics capabilities.
The company offers comprehensive ESG solutions, meeting growing sustainability demands.
S&P Global's diverse divisions provide a wide range of financial services globally.

Upsides

Acquisition of ProntoNLP boosts data analytics and sentiment scoring capabilities.
Rising demand for ESG data enhances S&P Global's market position.
Expansion into India strengthens S&P Global's research and insights offerings.

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