Job Description

Hyderabad, India Business Support In-Office 10981

Job Purpose

IntercontinentalExchange has an opportunity for an Accounts Receivable Cash Application Associate in Hyderabad, India.

Responsibilities

Review bank statements, apply daily payments to customer accounts; Investigate out of balance deposits to determine appropriate distribution of payments; Analyze payment exceptions and liaise with customers and management to increase auto-application of payments; Handle monthly application for unapplied and unidentified cash receipts; Communicate via phone or email with the collectors and/or customer to research payments; Report and reconcile daily cash receipts to ensure all revenue has been received and applied; Notify management of issues or payment discrepancies; Maintain accurate and organized files of payments and cash reconciliations; Collaborate with AR Collectors to ensure cash is properly deposited on customer accounts.

Knowledge and Experience

Associate or Bachelor's degree in Accounting or business-related field with at least 2 years of experience that is directly related to the duties and responsibilities specified. Oracle Revenue Management and Billing (ORMB) and High Radius Cash Application experience is a plus but not a requirement. The candidate must be detail oriented and possess strong organizational skills. Candidate must be able to handle confidential and sensitive information in a professional manner. Strong customer service, interpersonal and written/verbal communication skills are required. Must have the ability to analyze and solve problems, prioritize tasks and work independently. Ability to work in a fast-paced team environment and have the flexibility to handle high transaction volume. * Proven experience adhering to daily, weekly and monthly transaction goals/targets is a must.