Finance Specialist – Accounts Receivable

At ABB, we help industries run leaner and cleaner—and every person here makes that happen. You’ll be empowered to lead, supported to grow, and proud of the impact we create together. Join us and help run what runs the world.
This Position reports to:
Accounting & Reporting Manager - Account
Roles & Responsibilities:
Process incoming payments: Apply Cheque/ RTGS/NEFT/Wire/ ACH/ Lockbox payments to customer accounts
Review and manage customer accounts: clearing of invoices against payments
Reconcile discrepancies: Investigate and resolve payment mismatches, short payments, and unapplied cash.
Follow-up and resolve unapplied Cash by applying it against appropriate AR item
Analysis of Open credits and apply it against appropriate open AR item
Maintain accurate records: Ensure timely and correct posting of payments in accounting systems
Support audits and reporting activities:
Assist in coordination with statutory auditors on quarterly and year-end audits
Prepare MIS for management reviews as well as reports for AR monthly closing activities
Perform general ledger account reconciliation [AR accounts]
Active participation in the calculation of Specific and General Provisions
Coordinate with internal teams: Work closely with Business Controllers, Collections, and Other Stakeholders to resolve issues.
Living ABB’s core values: These include safety and integrity, which means taking responsibility for your own actions while caring for your colleagues.
Active participation in projects: Cash Application is involved in multiple projects including PC Re-org, Business Partner Split / LILAC (RARO separation related activities)
Knowledge, Skills and Experience:
Bachelor’s or Master’s degree in Finance with 3 to 4 years of experience in Order to Cash process [O2C], covering Cash application, reconciliation, collection management, reporting and accounting.
SAP ERP experience.
Must be flexible in working for any shift timings.
Good communication skills.
Must be proficient in MS Office Suite, SAP knowledge is huge plus
High level of accuracy and attention to details, pro-active and “can do“ attitude
Ability to cooperate in a dynamic and learning environment
ABB Transport Zone limits
Kindly note that ABB provides transportation facilities only to employees residing within the designated ABB Transport Zone. Please verify whether your current location falls within the serviceable area by using the link below.
(GBS Transport Eligibility).
Building a cleaner, smarter future takes all kinds of minds: the curious, the courageous, and the creative. We welcome people from all backgrounds and experiences.
Ready to make an impact? Apply today or visit www.abb.com to learn more about the impact of our solutions across the globe.
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