1. Revenue & AR bookingRecord AR and revenue transactions accurately in NetSuite.Ensure revenue is recognized in accordance with company’s applied.....
1. Revenue & AR booking
Record AR and revenue transactions accurately in NetSuite.
Ensure revenue is recognized in accordance with company’s applied accounting standards.
2. Invoicing & Billing
Collaborate with internal and external stakeholders to obtain sufficient data for monthly invoice issuance.
Generate from the system and send accurate and timely invoices to clients based on allocated resource efforts, client agreements and internal approvals.
3. Accounts Receivable management
Monitor weekly AR aging and track outstanding balances.
Follow up with clients on overdue invoices and resolve payment discrepancies.
Apply customer payments accurately in NetSuite.
Proactively manage collections to reduce DSO (Days Sales Outstanding).
Communicate professionally with clients regarding payment status.
Escalate complex collection issues when necessary.
4. Reporting
Prepare weekly AR reports and cash flow from AR forecasts.
Participate in month-end and year-end closing processes.
Support team members in completing other weekly and monthly reports.
Prepare ad-hoc AR related reports when requested.
5. Process improvement
Maintain accurate customer records and billing data.
Support system improvements and automation initiatives within NetSuite.
6. Compliance & Controls
Ensure adherence to company policies and accounting standards.
Support internal and external audits related to AR.
Maintain proper documentation for all transactions.
