Process Associate

Finance, Banking & Legal · Accounting & Audit · Accounts Receivable

In short

We are seeking a motivated fresher for a Process Associate role in the Accounts Receivable (AR) function at HCLTech in Chennai. This position involves supporting cash application, collections, and AR reconciliation activities, including posting customer payments and monitoring outstanding invoices.

Responsibilities

Post customer payments (cash, cheque, wire transfers, online payments) to the correct invoices and accounts.
Apply payments accurately against open invoices in ERP systems.
Identify and resolve unidentified or partial payments.
Maintain proper documentation of payment receipts and adjustments.
Monitor outstanding invoices and track overdue payments.
Send reminders and follow-ups for payment collection.
Coordinate with internal teams and customers to resolve payment delays.
Assist in preparing aging reports and collection status updates.
Maintain records of collections, adjustments, and reconciliations.
Prepare basic AR reports such as aging analysis and payment status reports.
Ensure adherence to company policies and accounting standards.

Requirements

Bachelor’s degree in Commerce, Accounting, Finance, or related field.
Basic understanding of accounting concepts (debits, credits, invoices, receivables).
Good knowledge of MS Excel (VLOOKUP, Pivot Tables is a plus).
Strong attention to detail and accuracy.
Good communication skills (written and verbal).
Ability to work in a team and follow instructions.

Desired Qualifications

VLOOKUP, Pivot Tables is a plus

Benefits

Hands-on experience in end-to-end AR process.
Training in cash application and collections strategy.
Exposure to real-world finance operations and ERP systems.
Development of analytical and communication skills.

Skills

MS ExcelVLOOKUPPivot Tables

#Accounts Receivable#Finance#AR#Cash Application#Collections#Reconciliation

About HCLTech

Supercharging progress through technology and innovation

HCLTech is a global technology company, home to 219,000+ people across 54 countries, delivering industry-leading capabilities centered around digital, engineering and cloud, powered by a broad portfolio of technology services and products. We work with clients across all major verticals, providing industry solutions for Financial Services, Manufacturing, Life Sciences and Healthcare, Technology and Services, Telecom and Media, Retail and CPG, and Public Services. Consolidated revenues as of 12 months ending September 2022 totaled $12.1 billion. To learn how we can supercharge progress for…

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