Account Receivables Associate 2
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Job Location:
Monthly Salary:
Posted on:
9 hours ago
Vacancies:
1 Vacancy
Job Summary
Industry/Sector
Not ApplicableSpecialism
IFS - OperationsManagement Level
AssociateJob Description & Summary
At PwC our people in finance focus on providing financial advice and strategic guidance to clients helping them optimise their financial performance and make informed business decisions. These individuals handle financial analysis budgeting forecasting and risk management.Those in accounting at PwC will focus on managing financial records analysing data and assisting in compliance with accounting standards. You will play a crucial role in providing accurate financial information and insights to support decision-making.
Driven by curiosity you are a reliable contributing member of a our fast-paced environment you are expected to adapt to working with a variety of clients and team members each presenting varying challenges and scope. Every experience is an opportunity to learn and grow. You are expected to take ownership and consistently deliver quality work that drives value for our clients and success as a team. As you navigate through the Firm you build a brand for yourself opening doors to more opportunities.
Examples of the skills knowledge and experiences you need to lead and deliver value at this level include but are not limited to:
- Apply a learning mindset and take ownership for your own development.
- Appreciate diverse perspectives needs and feelings of others.
- Adopt habits to sustain high performance and develop your potential.
- Actively listen ask questions to check understanding and clearly express ideas.
- Seek reflect act on and give feedback.
- Gather information from a range of sources to analyse facts and discern patterns.
- Commit to understanding how the business works and building commercial awareness.
- Learn and apply professional and technical standards (e.g. refer to specific PwC tax and audit guidance) uphold the Firms code of conduct and independence requirements.
The Account Receivables team (AR) is part of Financial Operations and provides support to client engagements from across the US firm structured by line of service. The services provided by the team includes both:
- Cash application Reviewing payments received and apply them to invoices or GLs as per remittance information received payment research client account research or information received from the US engagement teams.
- Unallocated Cash GL Reconciliation Maintenance of the unallocated cash GL to review the items and reduce the balance.
- Refunds and Bank Returns Processing refunds and bank returns through the bank portal to return cash to client payers related to overpayments payments sent in error or other reasons.
- Foreign AR Acting as Inter-territory Contact (ITC) between PwC US and other PwC offices.
The Foreign AR team part of the AR team provides essential support to client engagement teams across the firm by reconciling Foreign AR accounts ensuring open invoices are paid in time by following up with foreign offices and applying the payments received to Foreign AR invoices.
Youll be a confident communicator and tenacious in your approach. Youll employ the most effective and efficient means of communication with foreign offices and US engagement teams embracing new technology and smarter ways of working to deliver optimal value to our business stakeholders.
An enthusiastic and aspiring individual youll enjoy working as part of a team whilst building relationships with ITCs around the world and US engagement teams. A confident communicator youll know how to actively listen interpret situations and use your influencing skills to help you achieve optimal results.
Experience and awareness of other operational finance functions such as cash management / allocation invoices mailing statement of account review and dispute resolution among other tasks.
Core Responsibilities
- Apply cash received from foreign offices to invoices open in the account as per the remittance information received and follow up with foreign offices if the remittance information is not received.
- Generate and send statements of account monthly analyse the responses received from the foreign offices for each of the items included in the statement and take the appropriate action which includes following up on aged invoices resolving rejections and communicating disputes to the US engagement teams until they are resolved.
- Monitor and respond emails received with questions/queries from either foreign offices or US engagement teams.
- Mailing invoices to foreign offices excluding those with errors communicating those cases with the US engagement teams so they are corrected before being mailed accordingly.
- Work with your team to achieve set targets and KPIs
- Processing of ServiceNow tickets where several kinds of questions/queries are received but mainly to process Withholding Tax (WHT) Certificates clearings on invoices with an open balance related to this WHT.
- Working with the Foreign AP team when applicable.
- Complete all necessary risk and compliance training and ensure strict adherence to the firms risk and quality standards
- Contribute to various project work streams and initiatives
- Assume responsibility for your ongoing development - proactively identify opportunities and draw on available learning resources
- Engage in coaching with your Team Leaders and / or Career Coach to enhance your personal and professional development
Experience required and desirable skills
- Experience within a collections / credit control or wider AR role
- Able to demonstrate understanding and application of best practice collections principles and their wider impacts within the contract to cash (C2C) value chain
- Skilled influencer and negotiator able to apply this collaboratively with clients and internal stakeholders to gain best possible outcome for the firm
- Excellent communication skills both verbal and written attention to detail is a must
- Strong literacy and numeracy skills
- Positive and professional can do attitude
- Self-motivated with the ability to work well in a team environment
- Strong interpersonal skills with ability to build relationships
- Agile with change demonstrating flexible approach and resilience
- Tenacious - will persevere to achieve results for self and team
- Knowledge of other key finance functions such as cash allocation cash & banking AP (Accounts Payable)
- Experience of working within the professional services sector
- Understanding of Data Protection (GDPR) & Anti Money Laundering regulations
Travel Requirements
Job Posting End Date
Required Experience:
IC
Key Skills
- Business Development
- Customer Service
- Revenue Growth
- ABC Analysis
- Account Management
- Communication
- CRM
- Excel
- Salesforce
- PMP
- Customer Relationships
- Business Relationships
- Sales Goals
- Sales Process
- CPA
About Company
At PwC, our purpose is to build trust in society and solve important problems. We’re a network of firms in 155 countries with over 284,000 people who are committed to delivering quality in assurance, advisory and tax services. Find out more and tell us what matters to you by vis ... View more
