Account Receviable/Collections & Reco Specialist

📌 Core Information

🔹 Job Title: Account Receivable/Collections & Recovery Specialist

🔹 Company: Tricon Energy

🔹 Location: Mumbai, Maharashtra, India

🔹 Job Type: On-site

🔹 Category: Accounting & Finance

🔹 Date Posted: May 20, 2025

🔹 Experience Level: 2-5 years

🔹 Remote Status: On-site (Hybrid)

🚀 Job Overview

Key aspects of this role include:

• Managing accounts receivable and collections for Tricon Energy's Mumbai office
• Working with JD Edwards system for passing entries, bank reconciliations, and preparing reports
• Interacting with customers, internal departments, and insurance companies for collections and claims
• Assisting in financial audits and other month-end activities

ASSUMPTION: This role requires a high level of attention to detail and strong communication skills to effectively manage accounts receivable and collections while working with various internal and external stakeholders.

📋 Key Responsibilities

✅ Pass collection and TDS receivable entries in JD Edwards

✅ Prepare bank reconciliations and daily collection reports

✅ Prepare demand notes (DNs) and credit notes (CNs) as required

✅ Update comments on overdue amounts and report to higher management

✅ Interact with traders, operations, and customers for collections and account reconciliation

✅ Coordinate with insurance companies for claims and report non-performing payments (NNPs)

✅ Assist the team leader in management information systems (MIS) and financial audits

✅ Liaise with bankers for LC discounting and collections

✅ Reconcile receivables and TDS receivables

✅ Coordinate with auditors for helping in audit-related queries

✅ Perform other month-end activities and reconciliation as required

ASSUMPTION: The role involves a mix of repetitive tasks and ad-hoc responsibilities, requiring the incumbent to be adaptable and proactive in managing their workload.

🎯 Required Qualifications

Education: Graduation in Commerce (B.Com) with a focus on accounting

Experience: 2-3 years of accounting experience, preferably in a similar role or industry

Required Skills:

• Proficient in JD Edwards or similar ERP systems
• Strong attention to detail and self-motivated
• Knowledge of withholding taxes and collections processes
• Excellent communication and interpersonal skills

Preferred Skills:

• Experience working in GetPaid
• Familiarity with SAP, Oracle, or other accounting software

ASSUMPTION: Candidates with relevant accounting experience and a strong work ethic are likely to succeed in this role, even if they lack experience in GetPaid or specific accounting software.

💰 Compensation & Benefits

Salary Range: INR 4-6 lakhs per annum (Estimated based on industry standards for the role and experience level)

Benefits:

• Medical insurance
• Retirement benefits
• Employee referral program
• Professional development opportunities

Working Hours: Full-time (40 hours/week), with flexible work arrangements available

ASSUMPTION: The salary range is estimated based on industry standards for the role, experience level, and location. Actual compensation may vary based on individual qualifications and company policy.

📌 Applicant Insights

🔍 Company Context

Industry: Wholesale Chemical and Allied Products. Tricon Energy is one of the largest privately held companies in Houston, Texas, and the 2nd largest chemical distributor worldwide.

Company Size: Medium-sized (501-1,000 employees), offering a structured work environment with opportunities for growth and development.

Founded: 1996, with over 27 years of experience in the global commodity trade and distribution market.

Company Description:

• Tricon Energy adds value to suppliers and customers by providing logistics, risk management, financing, and market intelligence services.
• The company specializes in the physical movement and marketing of industrial petrochemicals, polymers, fuels, and raw materials.
• Tricon Energy has been certified as a Great Place to Work® based on employee feedback.

Company Specialties:

• Trading
• Risk Management
• Distribution
• Logistics
• Marketing
• Petrochemicals
• Plastics
• Dry Bulk
• Fertilizers
• Commodities
• Commodity Trading
• Market Intelligence
• Import/Export
• Financing
• and Sustainability

Company Website: http://www.triconenergy.com

ASSUMPTION: Tricon Energy's extensive global presence and diverse portfolio of services provide ample opportunities for career growth and development within the company.

📊 Role Analysis

Career Level: Mid-level, with opportunities for advancement based on performance and company growth.

Reporting Structure: The role reports directly to the Team Leader of the Accounts Receivable department.

Work Arrangement: Hybrid (on-site with flexible remote work options), allowing for a balance between office collaboration and remote productivity.

Growth Opportunities:

• Progression to senior roles within the Accounts Receivable department
• Expansion into other finance or accounting roles within the company
• International assignments, given Tricon Energy's global presence

ASSUMPTION: Successful candidates will have the opportunity to grow within the company, assuming they demonstrate strong performance and a commitment to professional development.

🌍 Location & Work Environment

Office Type: Modern, multi-story office building with a collaborative work environment.

Office Location(s): DLH Park, SV Road, Near MTNL, Sunder Nagar, Goregaon West, Mumbai, Maharashtra, India

Geographic Context:

• Mumbai is the capital city of Maharashtra and the financial hub of India.
• The office is located in Goregaon West, a suburban area with easy access to public transportation and amenities.
• The region experiences a tropical monsoon climate, with hot and humid summers and mild winters.

Work Schedule: Monday to Friday, with flexible hours and opportunities for remote work.

ASSUMPTION: The hybrid work arrangement allows for a better work-life balance, while the modern office environment fosters collaboration and productivity.

💼 Interview & Application Insights

Typical Process:

• Online application submission
• Phone or video screening with the HR department
• Technical interview with the Team Leader or another senior member of the Accounts Receivable team
• Final round interview with the hiring manager

Key Assessment Areas:

• Technical skills and proficiency in JD Edwards or similar ERP systems
• Attention to detail and problem-solving abilities
• Communication and interpersonal skills
• Cultural fit and alignment with Tricon Energy's values

Application Tips:

• Highlight relevant accounting experience and any exposure to JD Edwards or similar systems in your resume.
• Tailor your cover letter to demonstrate your understanding of the role and your fit with Tricon Energy's company culture.
• Prepare for behavioral and situational interview questions that focus on your problem-solving skills and ability to work in a team environment.

ATS Keywords: Accounts Receivable, Collections, JD Edwards, TDS, Bank Reconciliation, Financial Audits, Teamwork, Problem-Solving, Attention to Detail

ASSUMPTION: The interview process is designed to assess candidates' technical skills, cultural fit, and ability to thrive in a collaborative work environment.

🛠️ Tools & Technologies

• JD Edwards
• Microsoft Office Suite (Word, Excel, PowerPoint)
• Email clients (Outlook, Gmail)

ASSUMPTION: Familiarity with JD Edwards or similar ERP systems is essential for success in this role, as it is the primary tool used for managing accounts receivable and collections.

👔 Cultural Fit Considerations

Company Values:

• Integrity
• Respect
• Excellence
• Accountability
• Teamwork

Work Style:

• Collaborative and team-oriented
• Results-driven and proactive
• Adaptable and open to feedback

Self-Assessment Questions:

• Do you possess strong attention to detail and a self-motivated work ethic?
• Are you comfortable working in a team environment and collaborating with various internal and external stakeholders?
• Do you have a proven track record of success in a similar role or industry?

ASSUMPTION: Candidates who align with Tricon Energy's company values and possess a strong work ethic and collaborative mindset are likely to thrive in this role.

⚠️ Potential Challenges

• Managing a high volume of accounts receivable and collections tasks
• Dealing with difficult customers or non-paying clients
• Adapting to changes in processes or priorities
• Working in a fast-paced, dynamic environment

ASSUMPTION: Successful candidates will be able to manage their workload effectively, maintain a high level of accuracy, and adapt to changes in a fast-paced environment.

📈 Similar Roles Comparison

• Compared to other accounts receivable roles, this position offers a mix of repetitive tasks and ad-hoc responsibilities, requiring a high level of adaptability and proactivity.
• Tricon Energy's global presence and diverse portfolio of services provide ample opportunities for career growth and development within the company.
• This role is well-suited for candidates seeking to establish a career in accounting or finance, with opportunities for progression to senior roles or international assignments.

ASSUMPTION: Candidates should consider their career goals and preferences when evaluating this role and comparing it to other opportunities in the accounting and finance industry.

📝 Sample Projects

• Improving the efficiency of the accounts receivable collection process through automation or streamlining
• Developing and implementing a customer communication strategy to improve collection rates and customer satisfaction
• Collaborating with internal departments to resolve outstanding accounts receivable issues and improve overall financial performance

ASSUMPTION: Successful candidates will be able to identify opportunities for improvement and contribute to the development and implementation of projects that enhance the accounts receivable collection process.

❓ Key Questions to Ask During Interview

• What are the key priorities for this role in the first 30, 60, and 90 days?
• How does this role fit into the overall organizational structure, and what are the opportunities for growth and development?
• What are the most challenging aspects of this role, and how can I best prepare to succeed in them?
• How does Tricon Energy support the professional development and growth of its employees?
• What is the company's approach to work-life balance, and how does this role fit into that philosophy?

ASSUMPTION: Asking thoughtful and insightful questions demonstrates your interest in the role and provides valuable information about the company's culture and priorities.

📌 Next Steps for Applicants

To apply for this position:

• Submit your application through this link
• Tailor your resume to highlight your relevant accounting experience and any exposure to JD Edwards or similar systems
• Write a cover letter that demonstrates your understanding of the role and your fit with Tricon Energy's company culture
• Prepare for behavioral and situational interview questions that focus on your problem-solving skills and ability to work in a team environment
• Follow up with the HR department one week after submitting your application to confirm receipt and inquire about the next steps in the interview process

⚠️ This job description contains AI-assisted information. Details should be verified directly with the employer before making decisions.