Account Receivable Specialist

Veolia

  • Bangalore, Karnataka
  • Permanent
  • Full-time
  • 24 days ago
Job ID REF46010I Date posted 05/27/2025 Location India Category Financial Control / FP&AAccount Receivable SpecialistCompany DescriptionVeolia Water Technologies & Solutions (VWTS) is a worldwide leader in water recovery, treatment, and reuse. We design and supply a range of water systems, from food and beverage applications, to municipal water, to microelectronics ultrapure water and heavy industrial wastewater treatment. We serve more than 50,000 customers worldwide and treat more than 11 million cubic meters of water every day. We simply aim to be the benchmark company for ecological transformation across the world.
At WTS, we realize diverse teams make smarter decisions, deliver better results, and build stronger communities. We are an organization that champions diversity and inclusion at every rung of the ladder and are proud to be an equal opportunity workplace. We offer challenging and meaningful careers, with competitive benefits and flexible work arrangements.Job DescriptionScope:
  • Drive collection process to reduce past due amounts. Escalation point to assist collectors with AR items related to disputes and reconciliations.
  • Ensure maintenance and adherence to desktop procedures by collectors.
  • Participate in daily "War Room" & Regional calls with collectors and regional teams; provide leadership and guidance; take actions as necessary.
  • Work with collections team on root cause analysis for AR issues; report process failures/gaps to leadership for action.
  • Manage accounts that are subject to suspension of supply/services for failure to pay within terms.
  • Maintain and control a "blacklist" of bad payers (recognizing corporate affiliations), establishing the terms under which business can be re-initiated (if at all) and being arbiter of any changes to that list.
  • Coordinate and provide best practice and training to Regional Collections Coordinators ensuring that they serve their teams with a common and fully informed approach to collections and work with our third-party service supplier.
  • Assist with held order release process.
  • Refer accounts for third party debt collection. Support collection activity as necessary for recovery.
  • Refer accounts for credit limit assessment and approve credit limits within established DOA. Determine solutions to mitigate credit limit impact on trading.
  • Coordinate with Customer Master Data team to ensure necessary master data is maintained in SAP.
  • Reporting of all facets of the role to senior leadership.
  • Documentation of all processes associated with the role
  • Support of audit requests related to activities of this position.
Metrics:
  • AR past due amounts by aging and percentage
  • Bad Deb Reserve amounts
  • Process document maintenance
Expectations:
  • Matrix leadership ability
  • Understanding and experience in commercial collection practices and processes
  • Willingness to prioritize best interests of business under pressure
  • Ability to prioritize best interests of business to meet established deadlines
œ Experienced in SAP & ExcelQualifications6 to 9 years of experienceAdditional InformationAs an inclusive company, Veolia is committed to diversity and gives equal consideration to all applications, without discrimination.Save for Later Job ID REF46010I Date posted 27/05/2025 Localisation Bengaluru, India Job Financial Control / FP&A Contract type StandardShareVEOLIA CaresThe new global benefits program that ensures the health and well-being of our employees.Veolia, a learning companyExpand your professional skills with Veolia, a learning company.Recruitment processNo previously viewed jobsSign up for our job alertsStay informed by subscribing, receive the latest job offers by email.Email Address Interested InSearch for a category and select one from the list of suggestions. Search for a location and select one from the list of suggestions. Finally, click “Add” to create your job alert.Job categoryLocationContract type Add
  • Financial Control / FP&A, Bengaluru, Karnataka, India
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