Job Summary:

Under general supervision, the duties may include maintaining or posting records in automated systems; screening, reviewing, verifying, and coding accounting transaction documents; verifying and examining accounting records; correcting errors in posting entries, computations, and balances; reconciling balances, records, and documents.  Employees at this level perform various tasks that require the application of judgment and initiative, a thorough knowledge of bookkeeping, and a basic knowledge of accounting practices.

Key requirements

• Experience in cash application range 2+ years.
• Graduation degree is mandatory. Bachelor’s in accounting, finance or business administration.
• Excellent communication skills.
• Strong attention to detail.
• Ability to work in a team.
• Time management.
• Knowledge of various payment modes: direct debit, ACH, wires, cheques.
• Basic knowledge of Excel and other MS Office tools.

Primary Responsibilities

• Cash booking and application for payment received in accordance with defined SLA's and policies.
• Resolution of unidentified and unapplied cash through effective coordination with stakeholders.
• Resolution of unidentified and unapplied cash through research.
• Timely submission of required and agreed reports to stakeholders.
• Daily cash application as per the agreed SLA's based on bank statement/s received.
• Supporting cash GL closing timelines on month end, especially.
• Daily/weekly/monthly MIS reports should be circulated.
• Collaboration with the AR team to ensure all cash applications are processed timely.
• Maintain documentation and record of cash transactions.
• Communicate effectively with customers, internal departments, management regarding payment issues and inquiries.