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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
Education and Experience Requirements
B.com with 6 to 7 years of experience
KEY RELATIONSHIPS:
Leadership Competencies:
Language Skills
Fluency in oral and written English communication
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.
Job details are sourced from the employer's original posting.
Open job postingAbout the company
Portescap designs and manufactures miniature and specialty motion control motors, including brushless DC, stepper, and coreless DC motors, for medical, industrial, and aerospace applications.