Accountant - Cash application
2 days ago
Title
Accountant - Cash application
Key Responsibilities
- Process and apply customer payments accurately and timely in ERP systems (e.g., SAP, MS Dynamics & Costpoint)
- Reconcile daily bank statements and ensure all receipts are posted to correct accounts.
- Research and resolve unapplied or unidentified payments promptly.
- Coordinate with collections and billing teams to resolve payment discrepancies and short payments.
- Maintain documentation and audit trails for all transactions in compliance with internal controls.
- Communicate with customers and internal stakeholders to clarify remittance details.
- Generate and review cash application reports for management.
- Support month-end closing activities and ensure accurate AR aging reports.
- Participate in process improvement initiatives and automation projects.
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Key Skills & Competencies
- Strong understanding of Accounts Receivable and Cash Application processes.
- Proficiency in SAP or other ERP systems (Costpoint, MS Dynamics, etc.).
- Excellent analytical and reconciliation skills.
- Strong attention to detail and accuracy.
- Good communication and interpersonal skills.
- Ability to work under pressure and meet deadlines.
- Proficiency in MS Excel and other reporting tools.
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Education & Experience
- Bachelor's degree in accounting, Finance, or Commerce.
- 2–6 years of experience in Accounts Receivable / Cash Application (depending on level).
- Experience in shared service environment (SSC/BPO) preferred.
- Knowledge of banking systems, lockbox processing, and remittance advice formats is an advantage.
R2114687
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