Process Associate - Accounts Payable-ACC00002662
Description
Thomson Reuters is the leading source of intelligent information for the world's businesses and professionals, providing customers with competitive advantage. Intelligent information is a unique synthesis of human intelligence, industry expertise and innovative technology that provides decision-makers with the knowledge to act, enabling them to make better decisions faster. Through its more than 50,000 people across 93 countries, Thomson Reuters delivers this must-have insight to the financial, legal, tax and accounting, scientific, healthcare and media markets, and is powered by the world's most trusted news organization. More information about Thomson Reuters and its financial performance can be found on www.ThomsonReuters.com http://www.thomsonreuters.com/ US A\R CASH APPLICATION TEAM:
The motto of our team is to apply all the funds received to the correct Accounts. The payments which come to us are by way of Checks and EFT (Electronic Fund Transfer). We use various tools to research and identify where the payment needs to be applied. We also get in touch with the collectors and some time the customers directly to apply the funds to the correct customers account.
The motto of our team is to apply all the funds received to the correct Accounts. The payments which come to us are by way of Checks and EFT (Electronic Fund Transfer). We use various tools to research and identify where the payment needs to be applied. We also get in touch with the collectors and some time the customers directly to apply the funds to the correct customers account.
Qualifications
• Lockbox- Need to apply funds received by way of checks. • EFT- Responsible to apply payments received by way of ACH (Automated Clearing House) & Wire Transfers.
• Unapplied Team - Any payment which the Lockbox and EFT team is not able to Identify will be moved to a suspense account called Unapplied and this team does a advance research on these payments and try to identify the orders where the payment needs to be applied.
• Adjustment - Write off is done basically to write off funds on an invoice which remains unpaid for a long time and only the Collections Team has access to write off funds. Transfer of funds from one invoice to another will be done through a manual adjustment.
• A\R Service Mailbox - This is a Generic mailbox to which Collections, Customers or business partners can sent Queries and also Escalations.
• Unapplied Team - Any payment which the Lockbox and EFT team is not able to Identify will be moved to a suspense account called Unapplied and this team does a advance research on these payments and try to identify the orders where the payment needs to be applied.
• Adjustment - Write off is done basically to write off funds on an invoice which remains unpaid for a long time and only the Collections Team has access to write off funds. Transfer of funds from one invoice to another will be done through a manual adjustment.
• A\R Service Mailbox - This is a Generic mailbox to which Collections, Customers or business partners can sent Queries and also Escalations.
Thomson Reuters employees take pride in providing our customers around the world with information that is timely, accurate, unbiased and trusted. We have a profound respect for the professions and customers we serve and define our success in terms of their success. Our work environment is dynamic, innovative and entrepreneurial. We have a result-oriented culture that demands excellence, agility, and the desire to move quickly and precisely to seize opportunities. Our environment is both challenging and supportive - we give employees the opportunity to develop their skills and do their best work.
Required Skills:
Good Communication Skill
Good analytical and problem solving skills
Willingness to work in night shifts
Team player
Calling experience would be an added advantage
MS office Knowledge
Accounting Experience
Good analytical and problem solving skills
Willingness to work in night shifts
Team player
Calling experience would be an added advantage
MS office Knowledge
Accounting Experience
Education & Experience :
1+ years of experience in similar business set ups.
Graduate - Commerce / Accounting
Thomson Reuters values diversity of culture and thought and seeks talented, qualified employees in all its operations around the world regardless of race, gender, national origin, religion, sexual orientation, disability, age or any other protected classification under country or local law.
Thomson Reuters is proud to be an Equal Employment Opportunity/Affirmative Action Employer.
Thomson Reuters values diversity of culture and thought and seeks talented, qualified employees in all its operations around the world regardless of race, gender, national origin, religion, sexual orientation, disability, age or any other protected classification under country or local law.
Thomson Reuters is proud to be an Equal Employment Opportunity/Affirmative Action Employer.
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