Job Description

Description

Cash Application Specialist

Compensation: Best in Industry

Shift: Should be flexible to work in US shifts

Job Location: Bangalore

Primary Purpose:

Day to day bank file processing and customer receipts postings. Investigate the cash receipts and follow-up for the unapplied payments.

Duties & Responsibilities:

• Check bank for daily cash received.

• Post and apply cash to the customer within specified turnaround time.

• In case of Unapplied cash, follow-up with different stakeholders to obtain details.

• Reconcile the cash received vs. cash applied.

• Create disputes as indicated on customer remittance.

• Assign reason codes to disputes and route to appropriate stakeholders for resolution.

• Ensure all cash applied before Month Close

• Support for a smooth month-close working with all stakeholders

• Liaison with the Dispute and Collection team for any reconciliation

• Support auditing requirements

Education:

• Bachelor of Commerce [B. Com (Hons)] or Any degree specialization in Accounts, MBA, M. Com

Work Experience:

• 2 to 4 years accounting experience in a multinational environment.

• Previous cash application processing experience

Skills & Abilities:

• Good coordination skills

• Ability to work in Microsoft Excel and Microsoft Word.

• Good communication oral & written.

• Work with high volume in systematic way

• With positive attitude, a team player

• Quick learner and can work under pressure.

• High degree of integrity, both personally and professionally

• Comfortable in delivering targets in terms of application & clearing.

• Should have sound knowledge of basics in accounting.

• Ability to identify gaps and confidence to bring improvement ideas to leaders.

• Should be able to display confidence in interacting with customers, also have the ability to persuade & negotiate.

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Koch Business Solutions India