Hiring Finance Associate Cash-Kolkata

2 - 5 years

2 - 5 Lacs

Posted:7 hours ago| Platform: Naukri logo

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Job Type

Full Time

Job Description

SUMMARY
Summary:
The Finance Associate (OTC Cash Application) is a key contributor to the accurate and timely recognition of revenue within the designated portfolio of country accounts under RSE. This role oversees the full cycle of cash application, from processing payments to preparing compliant journal entries and ensuring proper revenue posting. The associate works closely with sales, collections, and customers to verify payments, resolve discrepancies, and maintain precise financial records. By preventing duplicate postings, supporting account reconciliations, and promptly addressing inquiries, the role ensures financial integrity and operational efficiency. The position also plays a vital part in enabling the safe and timely closure of new projects, reinforcing compliance and accountability across the portfolio.

Responsibilities:
  • Oversee cash application and credit management for a defined group of country accounts within RSE.
  • Prepare and post revenue-related journal entries in accordance with accounting standards and policies.
  • Partner with collections, sales teams, and customers to validate and process payments using payment advice documentation.
  • Monitor daily cash application trackers to ensure data accuracy and prevent duplicate postings.
  • Perform and support customer account reconciliations as needed.
  • Respond to sales and customer inquiries with timely, accurate, and professional communication.
  • Support the timely and compliant closure of new projects, ensuring adherence to financial controls and processes.

Requirements
Requirements:
  • Bachelor’s degree in Finance, Accounting, or a related field.
  • 2 3 years of experience in cash application, accounts receivable, or a comparable finance function.
  • Solid grasp of accounting principles and revenue recognition standards.
  • Proficiency in ERP systems (e.g., SAP) and advanced Microsoft Excel skills.
  • Exceptional attention to detail and ability to maintain accuracy in high-volume environments.
  • Strong interpersonal and coordination abilities when working with cross-functional teams.
  • Proven ability to manage multiple priorities and meet deadlines under pressure.
  • Familiarity with OTC (Order to Cash) processes is highly advantageous.

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