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Assistant Manager - Financial Reporting & Compliance

Assistant Manager - Financial Reporting & Compliance

Tata Communications

5 years

0 Lacs

pune maharashtra india

Posted:22 hours ago| Platform:

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Skills Required

reporting compliance mobility collaboration security network finance processing payments reconciliation flow checks report metrics controls efficiency billing support automation accounting audit reports management erp sap oracle netsuite excel communication

Work Mode

On-site

Job Type

Full Time

Job Description

About The Company

Tata Communications Redefines Connectivity with Innovation and IntelligenceDriving the next level of intelligence powered by Cloud, Mobility, Internet of Things, Collaboration, Security, Media services and Network services, we at Tata Communications are envisaging a New World of CommunicationsWe are seeking a highly motivated and experienced

Cash Applications Assistant Manager

to handle day to day cash application operations within our Finance team. This role is responsible for ensuring accurate, timely processing of incoming payments and the reconciliation of customer accounts. The Cash Applications Assistant Manager will streamline processes, and implement best practices to optimize cash flow, minimize unapplied cash, and enhance operational efficiency.Key Responsibilities

Involve in daily operations of the cash application team, ensuring accurate and timely posting of all customer payments (checks, ACH, wire transfers, credit cards).
Perform reconciliation of accounts receivable and ensure resolution of unapplied cash, short/over-payments, and other discrepancies.
Monitor and report on key metrics, including unapplied cash, aging.
Develop and implement cash application policies, procedures, and internal controls to improve efficiency and accuracy.
Collaborate with internal departments, including Credit Control, Collections, Billing, and Recovery team, to address payment-related issues and improve processes.
Maintain relationships with banking partners, ensuring optimal use of lockbox services, electronic payment processing, and support for bank reconciliations.
Lead and support process improvement initiatives, including automation and system enhancements to streamline cash application processes
Ensure compliance with accounting standards, company policies, and audit requirements.
Support month-end and year-end closing activities by ensuring accurate reporting and reconciliation of cash application data.
Prepare and present reports for management regarding cash application activities, metrics, and process improvements

Minimum Qualification & Experience

Bachelor’s degree in Finance, Accounting, Business Administration, or a related field.
5+ years of experience in cash applications, accounts receivable, or related finance operations
Strong knowledge of accounts receivable processes, cash application workflows, and banking procedures.
Proficiency with ERP systems (e.g., SAP, Oracle, NetSuite) and advanced Excel skills.
Experience with automated cash application tools and electronic payment processing.
Strong analytical, problem-solving, and decision-making skills.
Excellent communication and interpersonal skills with the ability to interact effectively at all levels of the organization

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Assistant Manager - Financial Reporting & Compliance