Order To Cash Operations New Associate

 About The Role  

Skill required: Order to Cash - Cash Application Processing

Designation: Order to Cash Operations New Associate

Qualifications:Any Graduation

Years of Experience:0 to 1 years

What would you do? You will be aligned with our Finance Operations vertical and will be helping us in determining financial outcomes by collecting operational data/reports, whilst conducting analysis and reconciling transactions.The Cash Apps Agents main responsibility is to post cash to outstanding invoices and undertake the reconciliation of a variety of currency account reconciliations, added to several specific accounting tasks from simple to medium transactions, as well as acting as support to the collections team.Optimizing working capital, providing real-time visibility and end-to-end management of revenue and cash flow, and streamlining billing processes. This team over looks the entire processes that starts from customers inquiry, sales order to delivery and invoicing. The Cash Application Processing team focuses on solving queries related to cash applications and coordination with the customers. The role requires a good understanding of cash applications, the process of applying unapplied cash, reconciliation of suspense account in cash application, and process them from payment receipt to finalization.Receive and deposit customer payments, apply cash remittances and credits/ adjustments, maintain bad debt reserves and allowances, prepare Accounts Receivable reporting, and post and reconcile Accounts Receivable activity to the general ledger.

What are we looking for? Commitment to qualityStrong analytical skillsAbility to handle disputesProblem-solving skillsAbility to work well in a teamBachelor s degree preferredMinimum 1 year experience in Accounting Cash ApplicationsMinimum 1 year experience of Microsoft Office Strong quantitative skills including spreadsheet knowledgeResponsibility and accuracy in the completion of received tasksAbility to solve urgent matters and work under pressure Strong communication skillsAdaptable to learn new processes, concepts, and skillsDemonstrates the ability to work as part of a teamAble to work under time pressure, able to prioritise workload and meet strict deadlines.Strong analytical and problem solving skills Positive attitude and flexible, especially in the period of month/quarter/year-end closingModerate to no travel depending on project involvementOvertime and On-Call may be requiredLocal holidays are observedAdherence to clients policies and procedures
Roles and Responsibilities: In this role you are required to solve routine problems, largely through precedent and referral to general guidelines Your primary interaction is within your own team and your direct supervisor In this role you will be given detailed instructions on all tasks The decisions that you make impact your own work and are closely supervised You will be an individual contributor as a part of a team with a predetermined, narrow scope of work Please note that this role may require you to work in rotational shiftsResponsible for applying payments based on payment remittances and instructions from the customer as well as in accordance with the DTP.Performs on a monthly basis the reconciliation of all bank accounts from simple to medium tasks. Resolving internal/external customer queries in a professional manner. Booking of other ad hoc journals Bank Charges, Interest, etc. Participates in cross functional teams to resolve business process issues. Supplying consistently accurate information to all inter dependent groups, adhering to strict deadlinesProvides expertise support to any queries collectors and the finance team may have in regards to reconciliation issuesProcesses and manages Withholding Tax functionProcesses and manages reversals for various business unitsParticipates in various project work as deemed necessary SOX etc. To undertake any other task that may be deemed necessary from time to time in the fulfillment of your role.Accountable for posting payments within a 24 hour period researching unapplied payments for posting all payments by month end with allowable small identified amt in unapplied cash Assists Cash Application to apply paymentPerforms research in system by contacting customers via e mail telephone if necessaryHandles refund move payment request from CustomersPrepares performance reportRefund processing
 Qualification 
Any Graduation