Cash Accounting Senior Associate

2 days ago


Bengaluru, Karnataka, India Momentive Full time
About Momentive

Momentive is a premier global advanced materials company specializing in cutting-edge silicones and specialty products. Our innovative solutions drive performance across diverse industries, including agriculture, automotive, aerospace, electronics, energy, healthcare, personal care, consumer products, building, and construction.


Job Overview

This role is part of the Global Finance Team (GFS-BLR) within Momentive's Global Shared Service Center (GSC-BLR). As a Senior Cash Administrator, you will be responsible for supporting the timely execution and delivery of financial commitments to stakeholders. The ideal candidate should demonstrate strong analytical skills, excellent communication abilities, and a willingness to take on additional responsibilities.


Responsibilities:
  • Prepare and book daily cash activities, reviewing and recording daily cash postings (vendor payments and customer receipts).
  • Reconcile bank accounts and validate balances, analyzing cash activities to ensure accuracy.
  • Apply cash daily for all deposited credit card settlements, EFT/ACHs, and AR deposits.
  • Cordinate with the Collection team to ensure proper accounting of receipts to customer accounts and resolve unclear cash transactions in a timely manner.
  • Process offset, write-off, and reversal requests (requests from C&C) and apply non-AR payments to the General Ledger.
  • Perform end-of-day balancing, including reconciliation items.
  • Identify and troubleshoot discrepancies between accounting records, research, and resolve errors.

Qualifications:
  • Bachelor's degree or equivalent.
  • 4-5 years of accounting/finance experience.
  • Good knowledge of accounts receivable processes with expertise in cash and bank reconciliation.
  • Outstanding interpersonal skills with ability to interact effectively with all levels of management.
  • Strong analytical and problem-solving skills.
  • Excellent communication skills, both verbal and written.

What We Offer

Momentive values your well-being and offers competitive total rewards and development programs. Our inclusive culture fosters a strong sense of belonging and provides diverse career opportunities to help you unleash your full potential. Together, through innovative problem-solving and collaboration, we strive to create sustainable solutions that make a meaningful impact.


We estimate the salary range for this position to be between $85,000 and $110,000 per year, depending on location and experience.



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