Cash Application Specialist/Analyst)

20 hours ago


Hyderabad, Telangana, India Conneqt Full time ₹ 4,80,000 - ₹ 9,60,000 per year

Job Summary: The Cash Application Specialist is responsible for accurately applying incoming payments to customer accounts and invoices, ensuring timely and precise recording of transactions. This role plays a key part in maintaining healthy cash flow, supporting accurate financial reporting, and enhancing customer satisfaction through efficient payment processing and issue resolution.

Key Responsibilities:

Process and apply daily customer payments (NEFT , RTGS, VAN) to appropriate customer accounts and invoices.

Review and reconcile unapplied and unidentified payments.

Work closely with AR, Collections, and Customer Service teams to resolve payment discrepancies or missing remittance details.

Research and resolve short payments, overpayments, and chargebacks.

Post cash receipts and maintain proper documentation in ERP systems (e.g., SAP, ).

Ensure compliance with internal controls and company accounting policies.

Prepare daily, weekly, and monthly cash application reports and metrics.

Support month-end and year-end closing activities by reconciling accounts and ensuring accuracy of applied cash.

Assist in continuous process improvement initiatives to enhance automation and accuracy in cash posting.

Qualifications:

Bachelors degree in Accounting, or MBA Finance, (preferred).

Experience:

2–4 years of experience in Accounts Receivable or Cash Application.

Experience with ERP systems (e.g., SAP, or similar).

Skills:

Strong attention to detail and analytical abilities.

Proficiency in Microsoft Excel and accounting software.

Excellent communication and problem-solving skills.

Ability to work independently and in a team-oriented environment.

Strong organizational and time management skills.



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