Pratik Verma

About Pratik Verma

Results-driven Accounts Receivable, Billing and Collections Specialist with a PGDM in…

Experience

1. Billing and Collection Specialist

   PROVEN

   Jun 2024 — Present · Bengaluru, IN

   Key Responsibilities & Expertise: Developing and executing strategies to improve cash flow and recover outstanding payments Setting up projects and preparing invoices every month on Odoo, QuickBooks, and Zoho for PEO,visa and marketing services. Reviewing credit agreements, maintaining accurate account records, and ensuring compliance Managing end-to-end collections, from contacting customers for overdue payments to dispute resolution Preparing and maintaining gross profit and variable tracking systems for PEO services to monitorrevenue, direct costs and strategic decision-making. Performing cash application, advance receipt tracking, and AR aging analysis Proactively following up on overdue invoices, leveraging AR aging reports to streamline collections Leading client calls and negotiations to resolve disputes and facilitate timely payments Monitoring shared mailboxes, ensuring prompt action on invoices and service tickets Preparing aging and dunning reports to track receivables performance Conducting customer invoice reconciliation to maintain accuracy and compliance Identifying and implementing process improvements in billing and collections Supervising credit memo processes and ensuring adherence to policies Resolving payment discrepancies and recommending corrective actions Applying legal and regulatory guidelines to collection activities where applicable Supporting audits and contributing to various financial reporting activities