Senior Specialist Business Services Cash Application

5 - 9 years

0 Lacs

Posted:1 week ago| Platform: Shine logo

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Work Mode

On-site

Job Type

Full Time

Job Description

As a key member of the SSC OTC team, you will contribute to achieving operational excellence through various responsibilities including Offshore process Migrations, Month End Closing, Cash posting, and Account Reconciliations creation and review. Your role will involve managing cash application processes, coordinating globally and regionally, reconciling customer accounts, preparing reports for management, and supporting month-end and year-end closing activities related to accounts receivable. Your primary responsibilities will include accurately applying cash receipts to customer accounts in a timely manner, managing cash application processes for customers across multiple regions and currencies, collaborating with regional finance teams to ensure consistency and accuracy, monitoring and reconciling customer accounts, preparing and maintaining accurate cash application reports, analyzing cash application trends, identifying opportunities for process improvement, ensuring compliance with company policies and regulatory requirements, and maintaining strong internal controls over cash application processes. To excel in this role, you should possess a B.COM/MCOM degree with a strong foundation in accounting education. A minimum of 5 years of relevant experience in accounting and analytical skills is essential, along with a desirable background in SAP FICO Closing and Reporting. Working experience within a shared services center/BPO would be advantageous. Additionally, a degree/diploma in Business Management is a desirable qualification. You will also be responsible for training and mentoring junior team members on cash application procedures, implementing best practices and automation tools to enhance efficiency, and providing insights to improve processes. Your role will play a crucial part in contributing to the overall success of SSC OTC through operational excellence and compliance with industry standards.,

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