Responsible for managing the revenue cycle, including billing, accounts receivable, credit management, and revenue recognition while ensuring compliance with contracts and accuracy in reporting.
Job Summary:
We are seeking a detail-oriented and proactive Revenue and Accounts Receivable Specialist to join our finance team. This role is responsible for supporting the end-to-end revenue cycle, including billing, accounts receivable, credit management, revenue recognition, and reporting. The ideal candidate will be experienced in working with NetSuite, customer communication, and cross-functional collaboration.
Key Responsibilities:
- Process daily billings to ensure timely customer invoicing.
- Issue credit memos related to returns and adjustments.
- Maintain accurate customer account information, including payment terms and contact details.
- Manage cash application process by reviewing bank activity and applying customer payments.
- Respond to order-related inquiries from the sales team regarding credit approvals, pricing, item setup, and order releases.
- Approve customer orders upon receipt of payment and coordinate with internal systems team for order processing issues.
- Communicate with customers regarding payments, collateral, and invoice-related matters.
- Prepare weekly AR aging reports and revenue forecasts for internal stakeholders.
- Support the month-end close process by preparing journal entries, reconciliations, and revenue reporting.
- Monitor and validate consumption reports and ensure data integrity in Netsuite.
- Review and process rebates and promotions based on distributor POS reports and sales agreements.
- Support quarterly accrual processes and revenue forecasting models.
- Ensure accurate revenue recognition in compliance with contracts, including rule assignment and JE preparation.
- Track extended warranty and subscription (SMS) revenue.
- Generate pro forma invoices as needed, ensuring compliance with tax and freight requirements.
Qualifications:
- Bachelor’s degree in Accounting, Finance, or related field.
- 3+ years of experience in revenue accounting and AR processes.
- Experience with NetSuite
- Strong attention to detail and ability to manage multiple priorities.
- Excellent written and verbal communication skills.
- Proficiency in Excel and working knowledge of GAAP revenue recognition principles.
Top Skills
Excel
Gaap
NetSuite
Similar Jobs
Financial Services
This role involves analyzing fraud trends, developing strategies to combat fraud, and collaborating with various teams to enhance fraud prevention capabilities.
Top Skills:
ExcelPowerPointSASSQL
Financial Services
Lead credit risk management for the Innovation Economy portfolio in Asia Pacific, oversee transactions, and mentor junior staff.
Top Skills:
ExcelMs OutlookMs PowerpointMs Word
Financial Services
The role involves leading pricing decisions, developing pricing tools, and collaborating with sales teams to improve pricing models, managing data analysis and financial reporting for Treasury Services.
Top Skills:
AlteryxExcelPowerPointTableau
What you need to know about the Pune Tech Scene
Once a far-out concept, AI is now a tangible force reshaping industries and economies worldwide. While its adoption will automate some roles, AI has created more jobs than it has displaced, with an expected 97 million new roles to be created in the coming years. This is especially true in cities like Pune, which is emerging as a hub for companies eager to leverage this technology to develop solutions that simplify and improve lives in sectors such as education, healthcare, finance, e-commerce and more.
