Synopsys Hiring for Accounts Payable / Receivable, Staff at Bangalore, Karnātaka Full Time

Job Description and Requirements

Role:
Synopsys is looking for a Credit and Collections Professional whose primary roll will be to perform collection of payment on customers and assess customers’ creditworthiness.  This position will report to the Corporate Credit Manager, located in Mountain View, CA.
Responsibilities:
Perform daily customer collections activities to maximize timely collections and minimize write-offs.

• Negotiate repayment plans with delinquent customers
• Continuous reconciliation of customer and GL accounts
• Provide standard and ad-hoc reporting to management, such as monthly A/R aging reports and related summaries, risk analysis and assist with quarterly audit reports.
• Forecast cash collections, analyze historic payment trends
• Perform credit analysis of new and existing customers daily
• Approve and Recommend credit limits appropriate to risk profile through diligent risk assessment and monitoring
• Highlight significant credit risk and collection issues to senior management
• Review contractual payment terms and approve or make recommendations
• Collaborate with internal teams, such as Sales, Finance, Tax, OM, and Legal
• Improve and automate processes, and update policies and controls as needed                         

To successfully perform this job, the individual must satisfactorily complete each essential duty. A list of required knowledge, skills, and abilities is provided below.
Education, Experience and Technical Skills:

• SAP, FSCM Collections Module a plus
• Advanced Microsoft Excel skills
• Proven track record for driving process efficiencies
• Bachelor’s degree in Finance or related field
• M&A experience a plus

Additional Requirements:

• Excellent verbal and written communication skills and ability to communicate effectively at all levels; excellent customer service skills
• Ability to work independently in a fast-paced high volume environment
• Team player with excellent interpersonal skills who can collaborate effectively across multiple functions to achieve goals on time
• Excellent analytical and problem solving skills
• Ability to manage projects to completion, on time and under pressure
• Must be able to work with a wide variety of people with different personalities, backgrounds and experience
• Strong negotiating skills
• Strong in analyzing financials statements and evaluation of dynamics impacting customer credit profile
• Strong ability to provide a succinct and articulate credit analysis and recommendation