We are looking for a dedicated and detail-oriented Cash Application Executive with proven experience in the US pharmaceutical industry . The candidate must be well-versed in deduction log maintenance, receivable forecasts, and possess excellent communication skills.
- Cash Application : Process and apply customer payments accurately and efficiently to the appropriate accounts.
- Deduction Management : Maintain and analyze deduction logs to ensure proper documentation and resolution of customer disputes, chargebacks, and other deductions.
- Accounts Receivable Forecasting : Develop and manage receivable forecasts to assist in cash flow planning and ensure timely collection efforts.
- Reconciliation and Reporting : Reconcile accounts receivable balances with customer accounts and generate reports on payment trends, aged receivables, and outstanding issues.
- Collaboration : Work closely with the Accounts Receivable team, Sales, and Customer Support to resolve discrepancies and improve collection cycles.
- Process Improvements : Identify opportunities to optimize the cash application and receivable management processes through automation and best practices.
Key Skills :
US Pharma Experience : Mandatory prior experience in the US pharmaceutical industry, with an understanding of its unique financial processes and regulations.
Detail-Oriented : Strong focus on accuracy in data entry and reconciliation to ensure financial records are reliable and up-to-date.Communication Skills : Excellent verbal and written communication skills to interact with internal and external stakeholders effectively.Skills Required
Auditing, Accounting, Finance, Taxation, Excel