Specialist - Cash Applications

2 weeks ago

Hyderabad, Telangana, India IFF Full time ₹ 8,00,000 - ₹ 12,00,000 per year

Job Summary
Are you ready to take your skills to the next level and make a real impact?

IFF is a global leader in flavors, fragrances, food ingredients and health & biosciences, we deliver sustainable innovations that elevate everyday products.

Global Business Services: Delivering streamlined, scalable support—enhancing efficiency, compliance and service excellence across the company.

The role is based in Hyderabad, India(hybrid role). Be part of a creative, solution-oriented team where together we can achieve greatness and make a real impact. Your potential is our inspiration.

Where You'll Make a Difference

  • Download bank statements as needed and reconcile feeds with SAP to ensure all transactions are accurately captured.
  • Perform daily cash application based on remittances received and manage research and on-account items.
  • Maintain and clear the suspense account, ensuring accurate financial records and timely resolution.
  • Update comments for open customer account items in Blackline and process small balance write-offs.
  • Handle refund requests for double, over, or incorrect customer payments with accuracy and compliance.
  • Collaborate with AP/GL and onshore teams to resolve customer queries and coordinate across upstream/downstream processes.
  • Ensure adherence to compliance, controls, and daily productivity/quality targets, while being flexible with work content and timings.
  • Support month-end activities proactively, identifying and escalating issues with a strong understanding of process impacts.
  • Mentor team members, resolve queries, and initiate process improvement ideas, while periodically updating SOPs.

What Makes You The Right Fit

  • Bachelor's degree in Accounting/Finance or equivalent professional qualification with 3+ years of experience in Cash Application.
  • Proficient in Microsoft Excel, PowerPoint, and email programs.
  • Excellent written and verbal communication skills in English.
  • Knowledge of Banking and Treasury activities.
  • Flexible with work content and timings; able to work under pressure and adapt to changing environments.
  • Strong analytical and problem-solving skills with attention to detail.
  • Reliable, meticulous, and a motivated team player with strong interpersonal skills.
  • Capable of working independently to resolve complex process/system issues and network with global teams.

How Would You Stand Out?

  • Working experience in SAP is a must.
  • Proactive in resolving issues and collaborating with colleagues across functions.
  • Critical thinking

Why Choose Us?

  • Hybrid model(3 days/week).
  • Training opportunities.
  • Two-way transportation.
  • Learning and development programs.

We are a global leader in taste, scent, and nutrition, offering our customers a broader range of natural solutions and accelerating our growth strategy. At IFF, we believe that your uniqueness unleashes our potential. We value the diverse mosaic of the ethnicity, national origin, race, age, sex, or veteran status. We strive for an inclusive workplace that allows each of our colleagues to bring their authentic self to work regardless of their religion, gender identity & expression, sexual orientation, or disability.

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