Rahul Jain
Overview
17
17
years of professional experience
Work History
AVP - Accounts Receivable
Bizongo
02.2023 - 11.2023
- Reduce the average time to resolve customer billing disputes by over 50% through implementing a new process that streamlined communication between AR team and customers
- Successfully implemented process to recover past recoverable of over $6Mn and driving efficiency in collections process
- Supervise accounts receivable team with headcount of 15, which include work allocation, training, and problem resolution
- Oversee the operations of Invoicing team, charge entry, claims submissions, payment posting, accounts receivable follow-up, and reimbursement management.
- Keep up to date with current coding, billing regulations and Internal Risk Assessment Tool (BICRA) compliance.
- Manage the End of Month, End of Quarter, and End of Year A/R closings and financial audits.
Director Accounts Receivable
Locus
12.2018 - 12.2022
- Implement Growfin, a leading Accounts Receivable Software for B2B Enterprises which resulted in improving cash inflows and reduce DSO by 10%+, improve productivity of sales and finance teams by 50%
- Improve working capital and hassle-free collection experience for customers
- Supervised all facets of receivables and credit including credit application research and cash posting
- Implemented all current Credit Department policies and procedure Managed all monthly and yearly reporting for credit and receivables
- Analyzed credit and approved for direct charge on credit cards for customers with ARR of less than $15000
- Established a strong working relationship with internal and external customers.
- Developed strategies and goals to reduce exposure to write-offs.
- Analyzed and forecast payment recoveries.
- Selected and managed the relationship of third-party collection agencies.
- Improved DSO from 115 days to 58 days which dramatically improved cash flow.
Senior Manager, Accounts Receivable
Bankerbay
10.2016 - 11.2018
- Regularly analyzed AR aging; determine and implemented appropriate action.
- Recorded and documented collection activity.
- Reviewed, prepared and analyzed accounts receivable aging reports.
- Facilitated successful internal and external audits through sound and thorough documentation.
- Successfully implemented new technologies and process automations to encourage continuous improvement.
Accounts Receivable Coordinator
Ola & Taxiforsure
12.2014 - 10.2016
- Prepared invoices and submitted to payers.
- Prepared and posted sales adjustments.
- Reviewed aging reports and followed on with clients on delinquent accounts.
- Monitored payments due from clients and promptly contacted clients with past due payments.
- Researched and resolved accounts receivable discrepancies.
Assistant Manager
KPMG
01.2012 - 01.2014
- Generated repeat business through exceptional customer service and responded to customer concerns with friendly and knowledgeable service.
- Monitored cash intake and deposit records, increasing accuracy, and reducing discrepancies.
- Offered hands-on assistance to customers, assessing needs, and maintaining current knowledge of consumer preferences.
- Made hiring recommendations to increase company's productivity and profitability with quality workers.
Senior Analyst
Barclays Bank
05.2010 - 12.2011
- Investigated system issues and implemented resolutions to reduce downtime.
- Performed system analysis, documentation, testing, implementation, and user support for platform transitions.
- Validated results and performed quality assurance to assess accuracy of data.
- Queried databases for information needed for report processing.
Consultant (including Internship)
E&Y
05.2007 - 05.2010
- Delivered outstanding service to clients to maintain and extend relationship for future business opportunities.
- Liaised with customers, management, and sales team to better understand customer needs and recommend appropriate solutions.
- Supported clients with business analysis, documentation, and data modeling.
- Renegotiated outsourcing contracts to save considerable costs.
Education
MBA - Finance
SP Jain Institute of Management & Research
Mumbai12.2014
CFA Level 2 - Portfolio Management
CFA Institute
USA06.2014
Chartered Accountant - Finance
Institute of Chartered Accountants of India
Mumbai11.2008
BCom - Accounts And Tax
Mithibai College
Mumbai05.2007
Skills
Result oriented Accounts Receivable Professional with 15 years of experience in implementing process improvements that reduced billing disputes by 60%, improve in Net Customer satisfaction score by 20%, along with increase in on time payments by 10%
Timeline
AVP - Accounts Receivable
Bizongo
02.2023 - 11.2023
Director Accounts Receivable
Locus
12.2018 - 12.2022
Senior Manager, Accounts Receivable
Bankerbay
10.2016 - 11.2018
Accounts Receivable Coordinator
Ola & Taxiforsure
12.2014 - 10.2016
Assistant Manager
KPMG
01.2012 - 01.2014
Senior Analyst
Barclays Bank
05.2010 - 12.2011
Consultant (including Internship)
E&Y
05.2007 - 05.2010
MBA - Finance
SP Jain Institute of Management & Research
CFA Level 2 - Portfolio Management
CFA Institute
Chartered Accountant - Finance
Institute of Chartered Accountants of India
BCom - Accounts And Tax
Mithibai College
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