01Overview
Key Responsibility Areas:
Perform daily operations of the cash application team to ensure timely and accurate posting of customer payments.
Monitor and resolve unapplied or misapplied cash to maintain clean accounts receivable records.
Coordinate with internal teams (Credit, Collections, Customer Service) to resolve payment discrepancies and customer issues.
Ensure compliance with internal controls, company policies, and audit requirements.
Analyze and report on cash application metrics, trends, and performance KPIs.
Drive process improvements and automation initiatives to enhance efficiency and accuracy.
Train, mentor, and support team members to ensure high performance and continuous development.
Collaborate with IT and finance teams to implement system enhancements and troubleshoot issues in ERP or banking platforms.
Support month-end and year-end closing activities by ensuring all cash transactions are recorded accurately and timely.
Develop and maintain SOPs (Standard Operating Procedures) for cash application processes.
Ensure data integrity in ERP systems by performing regular audits and validations.
Participate in cross-functional projects related to finance transformation or system upgrades.
Handle escalations from internal stakeholders or customers regarding payment issues
Eligibility Criteria:
6 9 years of experience in cash application.
Proficiency in Microsoft Excel and ERP systems (SAP, Oracle, Blackline etc.)
Experience with automated cash application tools or lockbox processing.
Familiarity with B2B payment processes and banking portals.
Manage team in absence of AR Manager
Experience with Manufacturing companies and relevant geographical location is preferred
Competencies:
Positive organizational and time management abilities.
Analytical thinking and problem-solving capability.
Deadline-oriented with a focus on quality.
Self-starter with the ability to develop team.
Ability to learn and adapt quickly in a energetic workplace.
Effective collaborator with cross-functional and global teams
Understanding of the importance of confidentiality in financial processes.
Skilled in VBA automation for financial reporting and process efficiency
Disclaimer: This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying. .
