Cash Application Specialist

4 weeks ago


Bengaluru, Karnataka, India INET EIT Services India P. Ltd [Formerly Hewlett Packard Global Soft India P] Full time

Cash Application Job Description

Scope:

Our company, INET EIT Services India P. Ltd [Formerly Hewlett Packard Global Soft India P], is seeking a skilled professional to handle cash application tasks.

Responsibilities:

  1. download bank statements from portals and upload them to SharePoint for collectors’ visibility
  2. post payments received in the same day and apply invoices in the next day, ensuring compliance with processes and procedures
  3. send regular reports of unapplied and unknown cash to ensure closure within 48 hours
  4. book write-offs in the correct GL with the right reason code and required approvals
  5. provide proactive and clear communication to internal partners focused on solutions and improvements
  6. utilize existing automation and collaborate with the team to address existing challenges, minimizing the human touch
  7. complete monthly reconciliation in the Cadency Finance tool and work with internal partners to document procedures

Additional Tasks:

  1. support the project team in cases of system changes or divestitures by providing feedback and participating in testing
  2. work with the P&C Team/ BoT on process changes to gain efficiency
  3. provide backup support to colleagues during leaves and assist with auditing newcomers

Required Skills:

  1. economical background or finance or O2C work experience
  2. good level of English
  3. excellent attitude towards learning and self-development
  4. ability to work under pressure during month-ends
  5. excellent communication skills and team spirit


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