ASSOCIATE

Essential Duties and Responsibilities

• Works in ERP system environment to apply customer payments via SAP lockbox post-process
• On an ongoing basis and in a timely manner, accurately applies cash collections to the customer's account using appropriate accounting and business management software
• Post ACH, wire transfer to appropriate GL cash accounts
• Transfer the daily lockbox files from bank websites to the appropriate network folders for automated payment application or rejection
• Perform timely and accurate application of daily receipts and reconcile cash balance to general ledger account
• Work with Corporate Treasury for reporting cash other than client payments
• Resolve cash application issues presented by internal sources such as customer service and collections and communicate resolution to requestor
• Perform quality assurance and compliance in AR related activities
• Audit requirements and providing data to auditors on AR and collection
• Resolving Audit Queries raised by both Internal and external auditors
• Processing Customer payment Refunds after taking requisite approvals
• Report Cash collection to management
• Updates receivables by totaling unpaid invoices.
• Good accounting knowledge to manage transactions recorded in sub-ledger and perform reconciliations between Subledger and GL.
• This position will not include supervising employees where applicable

Skills :

Education and / or Experience

Skills Required

Sap, Erp, Accounting, Microsoft Office, Financial Reporting, Finance