Senior Associate - Accounts Receivable - US Process || CTC Upto 18 LPA || Gurgaon & HYBD

About the Company

Hiring for a fast-growing US-based professional services organization operating in the accounting sector, with teams across the US and India. The organization partners with accounting and professional services firms across the US and is backed by leading global investors.

Position Summary

We are looking for a Senior Associate – Accounts Receivable with 7+ years of experience in US Accounts Receivable, Cash Receipts, Cash Application, Collections, Reconciliation and AR Ageing.

The role will independently manage key AR activities for assigned US partner firms, including cash receipt reporting, cash application, ageing management, unapplied cash, reconciliation and collections. Beyond transactional responsibilities, the candidate should demonstrate strong analytical and strategic thinking, with the ability to identify trends, investigate root causes, anticipate issues and recommend process improvements.

Key Responsibilities

• Manage end-to-end Accounts Receivable activities for US partner firms.
• Monitor AR ageing and proactively follow up on overdue balances to support DSO reduction and cash flow improvement.
• Review bank statements and prepare accurate cash receipt reports.
• Perform cash application based on remittance details and client instructions.
• Monitor and resolve unapplied cash and payment discrepancies.
• Perform reconciliation between bank receipts, remittances and accounting records.
• Analyze ageing, cash receipts, cash application, unapplied balances and DSO trends.
• Identify exceptions, recurring issues, risks and root causes and recommend corrective actions.
• Prioritize AR activities based on ageing, value, risk and business impact.
• Coordinate with US-based stakeholders on billing, payment, cash application and dispute-related matters.
• Identify opportunities to improve process controls, reporting accuracy, turnaround time and operational efficiency.
• Support management with ad-hoc AR analysis, reporting and process improvement initiatives.

Requirements

• 10+ years of experience in Accounts Receivable, preferably with strong hands-on experience in Cash Application and Collections.
• Proven US Accounts Receivable experience.
• Strong analytical aptitude with the ability to interpret AR data and translate insights into actionable recommendations.
• Strategic mindset with the ability to go beyond routine transactional activities.
• Strong understanding of US GAAP and financial reporting requirements.
• Experience with ERP/accounting systems used by global organizations.
• Strong MS Excel and MS Office skills.
• Excellent communication and stakeholder management skills.
• B.Com / MBA / Post-Graduation in Finance or equivalent qualification.