Key Facts

Remote From:

Full time

English

Hard Skills

Collection Development Oracle Receivables Oracle Development Cash Register Cash Register Revenue Recognition Credit Application Review Aftercare Reconciliation Month-End Closing +15 more

Roles & Responsibilities

Strong experience in AR functional setup, configurations, and end-to-end AR processes
Hands-on experience with Oracle AR modules: AutoInvoice, receipt processing (manual/automatic), lockbox, credit memos, refunds, and tax configuration; aging reports and SLA accounting
Experience integrating AR with Order Management (OM), Cash Management (CM), and General Ledger (GL); AR to GL reconciliation
Collections expertise including dunning letters, collection strategies and scoring, customer profiles/credit limits, delinquency management, and dispute handling

Requirements:

Design, configure, and maintain Oracle AR processes (customer setup, transaction types, AutoInvoice, receipts, lockbox, tax, credits/refunds)
Oversee collections configurations and strategies: dunning letters, scoring, credit limits, delinquency management, and dispute resolution
Coordinate AR integrations with OM, CM, and GL; perform AR to GL reconciliation and support period close and financial reporting
Monitor aging, revenue recognition basics, risk assessments, and ensure accurate reconciliations and reporting

Elfonze Technologies

About Elfonze Technologies

Elfonze Technologies is an IT service and consulting firm established in 2021. It started with delivery centers in Bengaluru and Denver, and by the end of its first year, it had a strong focus on Oracle Enterprise Consulting. The following year, the company expanded to Bhubaneswar and introduced an Electronics System Design and Manufacturing (ESDM) vertical. In 2023, Elfonze diversified its product portfolio with innovative solutions and strategic partnerships. It opened a Pune office and launched Connected Supply Chain Services. Key achievements include expansion to four locations, diversification into five verticals, serving over 50 global clients, a 400% growth rate, a strong team of over 200, and high client satisfaction. The founders' century of combined experience in IT and enterprise consulting has been fundamental to Elfonze's success. The company operates in multiple verticals including IT services, consulting, product development, and more, showcasing its adaptability and commitment to excellence.

Company type: Scaleup

Founded: 2018

Company size: 201 - 500

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Job description

This is a remote position.

Strong experience in AR functional setup and configurations
End-to-end knowledge of:
- Customer creation & maintenance
- Transaction types setup
- AutoInvoice & transaction processing
- Receipt processing (manual & automatic)
- Lockbox configuration
- Credit memo & adjustments
- Refund processing
- Tax configuration
Experience in:
- Aging reports
- Revenue recognition basics
- Receipt reconciliation
- SLA (Subledger Accounting) and accounting entries
Understanding of AR integration with:
- Order Management (OM)
- Cash Management (CM)
- General Ledger (GL)

Experience in Collections setup and strategy configuration
Managing:
- Dunning letters
- Collection strategies & scoring
- Customer profiles & credit limits
- Delinquency management
Handling dispute management
Monitoring aging buckets and follow-up activities
Exposure to customer risk assessment and credit review process

Basic understanding of:
- Chart of Accounts (COA)
- Journal entries & posting
- Period close process
- Reconciliation
Understanding of AR to GL reconciliation
Experience with Financial Reporting