Senior Executive-Order to Cash-Cash Application

4 days ago


India EXL Full time ₹ 30,00,000 - ₹ 60,00,000 per year
Description

Job Summary:

  • Knowledge of OTC/AR, accounting/Cash applications, and communication skill.
  • Daily task of receiving cash, applying cash to correct policies, research for unapplied cash, 
  • Reporting and resolving open items with Onshore billing partners. 
  • Handling premium cash application for different lockboxes, (Like wire, ACH)
  • Managing Year, Month and quarter end expectation with stringent timelines
  • Daily/monthly account and balance sheet reconciliations, research & analysis 
  • Prepare/extract reports and investigate accounting issues

Key Accountabilities:

  • Meet the timeliness and accuracy parameters of cash applications 
  • Effective communication with onshore/offshore partners
  • Prior experience to work on excel and email writing 
  • Flexible to work in Night shifts/Overtime as per the business requirement 
Responsibilities

Primary Role & Responsibility

Job Summary:

  • Knowledge of OTC/AR, accounting/Cash applications, and communication skill.
  • Daily task of receiving cash, applying cash to correct policies, research for unapplied cash, 
  • Reporting and resolving open items with Onshore billing partners. 
  • Handling premium cash application for different lockboxes, (Like wire, ACH)
  • Managing Year, Month and quarter end expectation with stringent timelines
  • Daily/monthly account and balance sheet reconciliations, research & analysis 
  • Prepare/extract reports and investigate accounting issues

Key Accountabilities:

  • Meet the timeliness and accuracy parameters of cash applications 
  • Effective communication with onshore/offshore partners
  • Prior experience to work on excel and email writing 
  • Flexible to work in Night shifts/Overtime as per the business requirement 

Minimum Experience

  • Accounting Graduate with 2+ years of Finance and accounting experience in Cash applications and month close 
  • Comprehension skills – should be able to read, interpret business documents
  • Ability to analyse complex information, relate and compare data from different sources and identify cause and effect relationships

Technical Skills

  • Knowledge of MS Office (Excel, Word, etc.), Internet and E-mail writing, Workday

Soft Skills

  • Ability to handle and communicate as per the requirement (written and verbal)

Desirable Skills

  • Knowledge about the Insurance Industry in US

Product/Process Specific

  • Self-disciplined and result oriented
  • Knowledge of Premiums allocation
  • Ability to multi task
  • Ability to work effectively as part of a team
  • Strong analytical skills 
  • Attention to detail – especially during transaction processing 
Qualifications
  • Commerce Graduate and Equivalent 


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