Location
Pune | India
Job description
Summary:
Cash Application Analyst handles a variety of tasks related to company finances. They manage the
organization of the company's financial records and oversee the overall cash inflow. They may also
be assigned to handle payment collection, preparation of invoices, and receipts' issuance. They
manage their relationship with their counterparts in client organizations to ensure a harmonious
work relationship. This will help them to follow up for payments, communicate better, and resolve
any concerns. Cash application analyst are also in charge of updating client records and ensuring
that clients' payments are accurate. They also process refunds and facilitate other financial
transactions.
Duties & Responsibilities: Reviewing Oracle Invoice Print report or Daily Invoices and updating email address pertaining to theinvoicing method in accordance with the customer specification.
- Handling Manual invoicing based on the requests from collectors/stakeholders
- Send and upload invoices daily for all vendors and customers in different portals to ensure timelycollections
- Creation of Receipts based on the daily Bank Statements and Application of receivables to CashReceipts in ERP
- Daily processing of cash receipts and postings to customer accounts, including payments made by
credit card, lockbox, ACH and Wire deposits and other adjustments to customer accounts for credits/
debits and account write-offs
Publishing Daily Cash Summary And Other Reporting - Processing of Customer Refunds
- Handling AP/AR Offsets
- Complete reconciliations of unmatched payments to ensure proper and timely application
- Maintain documentation for compliance reporting and audits
- Ensure compliance with all policies, procedures and standard business practices, as theypertain to cash application, including internal control procedures and Sarbanes-Oxleyregulations
- Ensure compliance with all policies, procedures and standard business practices, as they pertain tocash application, including internal control procedures and Sarbanes-Oxley regulations
- Apply payments and contractual adjustments to accounts in an accurate and timelymanner.
- Ensuring month end transactions completed within the deadline to facilitate smooth Month end closure
Pre-Requisites / Skills / Experience Requirements:
Job tags
Salary
