Cash Application Associate

3 weeks ago

Hyderabad Mumbai, India Reuters Full time

Job Description About the Role: - Payment Processing:Accurately apply customer payments to invoices using a variety of payment methods, including checks, electronic transfers, and credit card transactions. - Account Reconciliation:Regularly reconcile customer accounts to ensure all payments are accurately reflected and promptly resolve any discrepancies. - Data Entry:Efficiently and accurately enter payment information into the accounting system. - Communication:Collaborate with departments such as sales and customer service to resolve payment discrepancies and address customer inquiries regarding account balances. - Reporting:Generate and maintain reports related to cash application activities and account reconciliations. - Compliance:Ensure adherence to company policies and financial regulations throughout the cash application process. - Process Improvement:Identify areas for process enhancements and work with management to implement improvements. About You: - Bachelor s degree in any field, with a preference for Accounting, Finance, Business, or Economics. - 0-2 years of experience in a fast-paced, deadline-driven operational role. - Flexibility in work hours and strong communication skills. - Knowledge of the Customer to Cash process. - Experience with SAP and proficiency in MS Office applications. - Strong analytical and problem-solving skills. - In-depth understanding of cash application processes and resolving open items. - An organized approach to ensure follow-up on outstanding issues and the ability to identify appropriate actions. - Keen attention to detail to ensure high accuracy in all deliverables. - Excellent communication skills to effectively convey solutions to internal and external stakeholders. - Ability to multitask and prioritize without losing sight of overall objectives and deadlines. - Experience or knowledge of cash application processes. - Ability to foster strong internal and external relationships, emphasizing collaboration and client service.

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