Invoicing- CBS India

　　Description

　　Responsible for planning, scheduling, and supervising the work of an accounts receivable team.

　　Supervises a group of accounts receivable clerks within the established accounting policies of the corporation.

　　Monitors the collection process and negotiations with past due accounts.

　　Prepares reports on receivables, receipts, and account balances.

　　Recommends changes in methods and procedures to improve the efficiency of the accounts receivable unit.

　　Coaches and mentors accounts receivable clerks; assigns work according to availability, skills, and developmental needs; assesses performance and

　　provides feedback to direct reports.

　　Qualifications

　　Skills

　　US Generally Accepted Accounting Principles - Evaluates US accounting standards to record transactions in compliance with requirements and company policies; assesses the accounting requirements and objectives to determine the implications on the business and communicate to stakeholders with varying financial knowledge.

　　Business Process and Internal Control Risk Analysis - Evaluates business processes to identify risks and internal control gaps; applies understanding of business processes and relevant risks to develop and implement process improvements; develops risk management plans by applying internal control framework to address identified risks.

　　Business Partnering - Collaborates with stakeholders and develops partnerships to drive performance that aligns to organizational goals and strategies; influences the organization by demonstrating knowledge of the business to provide guidance to support the decision making process and guiding the business towards positive results and organizational alignment; evaluates business environment using measures to mitigate risk and capitalize on opportunities.

　　Financial Analysis - Interprets financial data by analyzing trends, variances, opportunities and risks to provide insight to stakeholders regarding financial impact to drive business improvement; evaluates financial results against targets to communicate conclusions to all stakeholders; ensures integrity of financial data by investigating variances and determining corrective actions to resolve identified issues.

　　Ensures accountability - Holding self and others accountable to meet commitments.

　　Communicates effectively - Developing and delivering multi-mode communications that convey a clear understanding of the unique needs of different audiences.

　　Manages conflict - Handling conflict situations effectively, with a minimum of noise.

　　Customer focus - Building strong customer relationships and delivering customer-centric solutions.

　　Develops talent - Developing people to meet both their career goals and the organization’s goals.

　　Drives results - Consistently achieving results, even under tough circumstances.

　　Builds effective teams - Building strong-identity teams that apply their diverse skills and perspectives to achieve common goals.

　　Optimizes work processes - Knowing the most effective and efficient processes to get things done, with a focus on continuous improvement.

　　Education, Licenses, Certifications

　　College, university, or equivalent degree in Accounting, Finance or related field or equivalent related work experience required.

　　Experience

　　Intermediate level of relevant professional work experience in the field of study required, including some supervisory experience.

　　Manual Invoicing for DBU Organization

　　1.Generating customer invoice based on Billing Instruction (BI) raised by sales team - Average billing of Rs 60 Cr per month.

　　2.Invoicing to cover Solutions contracts, New Engine and Rebuild business

　　3.Reviewing customer contracts in detail to validate key terms and conditions and highlighting discrepancies between Quote, Contract and BI if any.

　　4.Ensuring three way matching of rates, taxation, contract period and other key terms between Quote, Contract and Invoice

　　5.Continuous alignment with sales team, RM team and billing team for resolving Billing related issues and discrepancies

　　6.Alignment with Sales team to understand nuances of contracts related to Railways, Powergen and Mining customers

　　7.Effective time management and resource planning to ensure billing targets for the quarter are met

　　Qualification-

　　Graduate / Post Graduate with a good understanding of Service and Maintenance contracts

　　Skills Required-

　　1.Leadership skills - leading a team of 5 members of varying age-group and experience

　　2.Stakeholder management - Providing solutions to segment leaders when dealing with ambiguity without compromising on controls

　　3.Good understanding of service agreements and the critical terms

　　4.Basic understanding of GST and TDS

　　5.Knowledge of DBU Solutions Business preferred

　　Experience-

　　6-10 years' experience in relevant field

　　Job FINANCE

　　Primary Location India-Maharashtra-Pune-India, Pune, IOC Tower A

　　Job Type Experienced - Exempt / Office

　　Recruitment Job Type Exempt - Experienced

　　Job Posting Jan 24, 2024, 12:00:00 AM

　　Unposting Date Feb 7, 2024, 11:59:00 PM

　　Organization Cummins Business Services

　　Role Category Hybrid - Potential for Partial Remote

　　Relocation Package Eligible

　　Req ID: 24000091