Description
Work Model: You’ll work in a hybrid model, onsite at your designated Regal Rexnord location, with flexibility to work remotely.____________________
SUMMARY
The incumbent will be responsible for managing end-to-end collections for West Chester region, ensuring timely follow-ups, resolving payment issues through cross-functional coordination, and minimizing overdue risk. Handles accurate accounting of receipts, customer reconciliations, intercompany balances, and AR transactions. Ensures compliance with banking and export regulations, while maintaining strong communication, ownership, and analytical skills
Essential Duties and Responsibilities
Account Receivable - Collection
Independently managing communication with overseas customers related to collection.
Regular follow up for collection by emails/ phone calls as needed.
Resolving issues related to collection by escalating it to the immediate manager & coordinating with internal departments like Sales, Customer Service, Operations and Quality etc.
Sending outstanding statements, and dunning letters to customers in case of delayed payments.
Analysis of past due collections by reason and reporting weekly collections against forecast.
Resolving old collection issues in time to avoid bad debt risk.
Account Receivable - Accounting
Ensuring correct and timely accounting of receipts from customer
Timely Customer account reconciliation and resolving the differences
Sending monthly intercompany statements and reconciliation of Intercompany Account balances.
Ensuring proper accounting for AR related Credit note, Debit note, Bank Receipts.
Banking Compliances
Ensuring submission of export invoices to bank in time and Credit notes to Bank for closure of Bank Reference
Ensuring correct Closure of bank records for receipts (Collection) from customer
Monitoring periodic export outstanding statement from bank and ensure correctness.
Functional Competencies
- Knowledge of Accounting standards on revenue recognition
- US GAAP & Ind AS Knowledge
- Management Dashboard Reporting
- Proficiency in ERP systems like Oracle, SAP, etc.
Education and Experience Requirements
B.com with 6 to 7 years of experience
KEY RELATIONSHIPS:
- Internal: Customer Service, EXIM & Operations
- External: Customers, Banks and Financial Institutions
Leadership Competencies:
- Accountability: Demonstrates full ownership in resolving collection‑related issues efficiently and accurately.
- Customer Success Orientation: Understands customer needs thoroughly and delivers solutions aligned with their expectations.
- Integrity: Upholds a strong sense of ethics and confidentiality when handling sensitive financial information.
- Sense of Urgency: Acts promptly to resolve issues and provides timely, proactive communication and feedback to customers.
Language Skills
Fluency in oral and written English communication
About Regal Rexnord
Regal Rexnord is a publicly held global industrial manufacturer with 30,000 associates around the world who help create a better tomorrow by providing sustainable solutions that power, transmit and control motion. The Company’s electric motors and air moving subsystems provide the power to create motion. A portfolio of highly engineered power transmission components and subsystems efficiently transmits motion to power industrial applications. The Company’s automation offering, comprised of controls, actuators, drives, and precision motors, controls motion in applications ranging from factory automation to precision control in surgical tools.
The Company’s end markets benefit from meaningful secular demand tailwinds, and include factory automation, food & beverage, aerospace, medical, data center, warehouse, alternative energy, residential and commercial buildings, general industrial, construction, metals and mining, and agriculture.
Regal Rexnord is comprised of three operating segments: Industrial Powertrain Solutions, Power Efficiency Solutions, and Automation & Motion Control. Regal Rexnord has offices and manufacturing, sales and service facilities worldwide. For more information, including a copy of our Sustainability Report, visit RegalRexnord.com.
Notification to Agencies: Please note that Regal Rexnord Corporation and its affiliates and subsidiaries ("Regal Rexnord") do not accept unsolicited resumes or calls from third-party recruiters or employment agencies. In the absence of a signed Master Service Agreement or similar contract and approval from HR to submit resumes for a specific requisition, Regal Rexnord will not consider or approve payment to any third-parties for hires made.
