Skill required: Order to Cash - Credit Management & Assessment
Designation: Order to Cash Operations Associate
Qualifications:Any Graduation
Years of Experience:1 to 3 years
About Accenture
Accenture is a global professional services company with leading capabilities in digital, cloud and security.Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Technology and Operations services, and Accenture Song— all powered by the world's largest network of Advanced Technology and Intelligent Operations centers. Our 784,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners and communities.Visit us at www.accenture.com
What would you do To monitor and manage counterparty credit risk for OTC trades, ensuring exposures remain within limits and protecting the firm from credit losses
- To review and release OTC trades placed on credit hold by assessing exposure, limits, and risk to ensure safe and timely trade processing Order to Cash is the complete process from receiving a customer order to collecting payment. It includes order management, credit management, invoicing, and payment processing. The goal is to ensure efficient and accurate handling of orders and timely collection of revenue. This process helps improve cash flow and customer satisfaction. Effective Order to Cash management is crucial for a companys financial health and operational efficiency keyword includes :- (Order to Cash,Cash App,Collection & Dispute,Billing, Deduction) Assess new customer credit risk, extend customer credit, monitor existing customer and portfolio credit risk. What are we looking for Educational Qualifications: Business or Finance Graduates
- Moderate to no travel depending on project involvement.
- Open for flexible shifts ( Day and night )
- Overtime and On-Call may be required.
- Client holidays are observed instead
- Min 1-3 years of experience in invoice processing roles.
- Written and spoken ability to communicate in English for Accenture interaction
- Responsibility and accuracy in the completion of tasks received
- Flexibility, especially in the month/quarter/year-end closing period
- Experience with accounting systems
- Microsoft Office skills Roles and Responsibilities:
- Receive and process new credit assessment requests
- Ensure requests are compliant and per the delegation of authority
- Perform credit assessment- Assess the credit risk and credit data of the prospective customer and recommend credit limit
- Co-ordinate with customer master data team to ensure correct credit limit is updated for the customer
- Perform credit hold requests
- Monitor overdue collection/ customer over limit and recommend credit limit adjustments
- Maintain relevant documents for approval and as per scenario and attach to system for increasing, reducing or placing hold
- Keep documentation update
- Manage periodic audit
- Ensure compliance to policies and procedure
- Ensure adequacy of process controls being in place, Any Graduation
