AP/AR Specialist - IN
The AP/AR Specialist assists in maintaining compliance with accounts payable and receivable processes including assessment of invoice/payment discrepancies. Under close supervision, this job helps reconcile and verify all account balances and collaborates with the collections team on the restructuring of overdue accounts repayment.

Key Responsibilities and DutiesAssists in the accounts payable and accounts receivable processes, aiming at guaranteeing that payments and collections are made within the agreed terms and in conformity to company's procedures.\nVerifies accuracy of invoices, shipping documents, customer credit, and payment terms to reduce financial risks.\nChecks all cash payments, cash receipts and outstanding account balances to maintain accurate accounting records.\nEnforces timely and accurate processing and payment of invoices to confirm that statements are correctly recorded.\nSupports payment processes and application to customer balances in the accounts receivable ledger.\nPrepares monthly and quarterly close and consolidation processes to ensure timely completion and accuracy.\nPerforms collection activities such as sending follow-up inquiries, negotiating with past due accounts, and referring accounts to collection agencies to ensure compliance with accounting policies and procedures.Educational RequirementsUniversity (Degree) PreferredWork ExperienceNo Experience RequiredPhysical RequirementsPhysical Requirements: Sedentary Work
Career Level
5IC

Related Skills

Accounting Standards, Adaptability, Automation, Business Process Improvement, Collaboration, Compliance, Data Analysis, Data Entry/Validation, Innovation, Prioritizes Effectively, Technology Systems, Transaction Processing

_____________________________________________________________________________________________________

Company Overview

TIAA Global Capabilities was established in 2016 with a mission to tap into a vast pool of talent, reduce risk by insourcing key platforms and processes, as well as contribute to innovation with a focus on enhancing our technology stack. TIAA Global Capabilities is focused on building a scalable and sustainable organization , with a focus on technology , operations and expanding into the shared services business space.

 
Working closely with our U.S. colleagues and other partners, our goal is to reduce risk, improve the efficiency of our technology and processes and develop innovative ideas to increase throughput and productivity.

We are an Equal Opportunity/Affirmative Action Employer. We consider all qualified applicants for employment regardless of age, race, color, national origin, sex, religion, veteran status, disability, sexual orientation, gender identity, or any other protected status.

Accessibility Support

TIAA offers support for those who need assistance with our online application process to provide an equal employment opportunity to all job seekers, including individuals with disabilities.

If you are a U.S. applicant and desire a reasonable accommodation to complete a job application please use one of the below options to contact our accessibility support team: 

Phone: (800) 842-2755

Email: accessibility.support@tiaa.org

Privacy Notices

For Applicants of TIAA, Nuveen and Affiliates residing in US (other than California), click here.

For Applicants of TIAA, Nuveen and Affiliates residing in California, please click here.

For Applicants of TIAA Global Capabilities, click here.

For Applicants of Nuveen residing in Europe and APAC, please click here.