Financial Associate-Accounts Receivable

Description -

Job Description:

• Accountable for overseeing end‑to‑end AR operations with a strong focus on cash application, clearing accuracy, controls, compliance, and timely closure of balances.
• Support Cash application for the Europe and America region in 3:30 PM to 12.30 AM Shift and APJ during 6:30am to 3:30pm shift
• Ensure accurate and timely processing of AR transactions while meeting TAT commitments
• Capable of handling queries & collaborate with business for sustainability.
• Drive accountability for closure of daily and critical AR activities
• Perform MEC activities specific to the entity
• Periodic maintenance of Process SOP; proactively identify &resolve issues to ensure business continuity plan.
• Strengthen governance through process documentation, validation frameworks, and -control adherence

Nature of work could include:

• Complete the Cash accounting application promptly and report any issues to the respective team including manager
• Carry out daily and monthly reconciliations of accounts receivable clearing accounts.
• Ensuring that Unapplied and Unknown balances are reviewed and addressed consistently
• Actively investigate and resolve unknown balances and drive reduction of aged items through structured follow‑ups
• Own cash application activities, ensuring payments are correctly applied and cleared against invoices based on Credit & Collections
• Support reconciliations between bank statements and SAP (S/4), ensuring differences are identified and resolved
• Collaborate with Credit & Collections, Sales Ops, Controllership, and other finance teams to resolve process issues and customer‑level challenges
• Performing Root Cause Analysis on daily operational issues and reporting it on time
• Ontime delivery of Month end activities & carry out month end Journal Entry activities
• Provide significant support to the team to drive/Identify opportunities of new assignments / process enhancement.
• Understand the external and internal audit deliverables and be proactive in responding to queries.
• Meet all the statutory deadlines as per the respective Country Controllership requirements.
• Establish control environment to improve Accuracy Metrics of the team.
• Focus on enhancing self -learning to use new tools and techniques in the accounts Receivable process domain.

Skills:

• Strong understanding of Accounts Receivable processes, especially cash application
• Working knowledge of SAP S/4, bank portals, and AR reporting
• Good English communication Skills - Oral & written
• Knowledge of MS-office package preferred with good excel skills.
• Accounting knowledge preferred and understanding of end-to-end accounting entries

Qualifications

• Graduate or Postgraduate in any finance stream
• 4+ years' experience

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Equal Opportunity Employer (EEO) - 

HP, Inc. provides equal employment opportunity to all employees and prospective employees, without regard to race, color, religion, sex, national origin, ancestry, citizenship, sexual orientation, age, disability, or status as a protected veteran, marital status, familial status, physical or mental disability, medical condition, pregnancy, genetic predisposition or carrier status, uniformed service status, political affiliation or any other characteristic protected by applicable national, federal, state, and local law(s).

Please be assured that you will not be subject to any adverse treatment if you choose to disclose the information requested. This information is provided voluntarily. The information obtained will be kept in strict confidence.

For more information, review HP’sEEO Policy or read about your rights as an applicant under the law here: “Know Your Rights: Workplace Discrimination is Illegal"