Cash Application Specialist

Job Description for Cash Application Specialist

Key requirements

• Experience in cash application range 2+ years.
• Graduation degree is mandatory. Bachelors 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.

Shift : Us shift - 06.30 pm to 03.30 am IST.