Junior Executive - Accounts Receivable & Payable

Job Title: Junior Executive - Accounts Receivable & Payable Company: Persistent Systems Job Category: SAP SD Roles & Responsibilities: Job Description About Persistent Our disruptor's mindset, commitment to client success, and agility to thrive in the dynamic environment have enabled us to sustain our growth momentum. Persistent has been recognized across top industry platforms for innovation, leadership, and inclusion. We have delivered 26 sequential quarters of growth with $487\.6M in Q4 FY26 revenue, up 7\.8% Q\-o\-Q and 20\.0% Y\-o\-Y. Our 29,500\+ global team members, located in 21 countries, have been instrumental in helping the market leaders transform their industries. We received five awards at the ISG (Information Services Group) Provider Lens Awards 2026 and, for the second year in a row, were awarded the Growth Honor of the Year at the Everest Group Elevate 2026\. We are seeking a Junior Executive \- Accounts Receivable \& Payable (AR/AP) with 2\-2 years of experience to manage end\-to\-end receivables and payables operations while ensuring financial accuracy, process compliance, and timely execution of transactions. The ideal candidate will have strong expertise in customer invoicing, vendor payments, collections, reconciliations, financial reporting, and ERP systems. This role requires close collaboration with customers, vendors, project teams, procurement, and finance stakeholders to support efficient financial operations and maintain strong accounting controls. * Prepare, validate, and process customer invoices in accordance with contractual terms and billing schedules. * Ensure accurate billing for Time \& Material (T\&M), Fixed Price, Managed Services, and milestone\-based engagements. * Monitor customer receivables and proactively follow up on outstanding payments and overdue invoices. * Track AR ageing reports and coordinate resolution of disputed or delayed customer payments. * Perform customer account reconciliations and investigate billing discrepancies. * Record customer payments and support cash application activities. * Maintain billing trackers, collection reports, receivable dashboards, and AR records. * Review, validate, and process vendor invoices against purchase orders, contracts, and approval workflows. * Coordinate with procurement and business teams to resolve invoice discrepancies and payment\-related issues. * Process vendor payments in accordance with payment terms, company policies, and compliance requirements. * Perform vendor account reconciliations and review supplier statements. * Monitor outstanding AP transactions and ensure timely processing and closure of invoices. * Support employee reimbursement and expense claim processing activities. * Perform periodic reconciliation of Accounts Receivable, Accounts Payable, and General Ledger accounts. * Investigate and resolve accounting discrepancies, unmatched transactions, and reconciliation variances. * Support month\-end, quarter\-end, and year\-end financial closing activities. * Maintain financial records, transaction documentation, and audit\-ready supporting documents. * Ensure compliance with accounting policies, internal controls, approval matrices, and financial procedures. * Prepare AR/AP MIS reports, ageing reports, reconciliation reports, payment trackers, and management dashboards. * Collaborate with customers, vendors, finance teams, procurement teams, and business stakeholders to resolve operational issues. * Support process improvement initiatives to enhance operational efficiency, accuracy, and control effectiveness. Work Location: MH, India Availability: Full time

* 2\-2 years of experience in Accounts Receivable, Accounts Payable, Finance Operations, or Shared Services environments. * Strong understanding of customer invoicing, vendor invoicing, collections, payment processing, and reconciliation activities. * Hands\-on experience managing AR ageing, collections follow\-up, vendor payments, and account reconciliation processes. * Working knowledge of General Ledger accounting and core accounting principles. * Experience supporting month\-end, quarter\-end, and year\-end financial closing activities. * Strong proficiency in Microsoft Excel including Pivot Tables, VLOOKUP/XLOOKUP, SUMIFS, reconciliation activities, and financial reporting. * Experience working with ERP platforms such as SAP, Oracle, Microsoft Dynamics 365, or similar financial systems. * Strong understanding of financial controls, accounting compliance requirements, and audit processes. * Experience maintaining accounting records, documentation, and audit support files. * Ability to analyze financial data, identify discrepancies, and perform root\-cause analysis. * Strong attention to detail and commitment to data accuracy. * Experience preparing ageing reports, payment reports, reconciliation statements, and management summaries. * Ability to independently coordinate with customers, vendors, procurement teams, and internal stakeholders. * Strong communication, stakeholder management, and problem\-solving skills. * Good organizational and time\-management abilities with the capability to manage multiple priorities. * Ability to work effectively in a deadline\-driven environment while maintaining high levels of accuracy. * Bachelor's degree in Commerce, Accounting, Finance, Business Administration, or a related discipline. Benefits: * Competitive salary and benefits package * Culture focused on talent development with quarterly growth opportunities and company\-sponsored higher education and certifications * Opportunity to work with cutting\-edge technologies * Employee engagement initiatives such as project parties, flexible work hours, and Long Service awards * Annual health check\-ups * Insurance coverage: group term life, personal accident, and Mediclaim hospitalization for self, spouse, two children, and parents Key Skills: Billing Salary: $487