PUN REF97816JAccounts Receivable (Cash Application) Senior Associate

Role SummaryThe Senior Associate Cash Application is responsible for accurately applying customer payments to their respective accounts ensuring timely and precise posting of cash receipts resolving unapplied/unidentified payments and maintaining strong coordination with collections and billing teams. This role requires strong analytical skills attention to detail and the ability to handle highvolume transactions within strict Responsibilities1. Cash Posting & ReconciliationProcess and post customer payments (ACH Wire Cheque Credit Card Lockbox).Accurately apply payments to customer accounts and invoices in ERP systems (SAP/Oracle/Workday/MS Dynamics).Perform daily weekly and monthly reconciliations of bank statements and sub-ledgers.2. Unapplied & Unidentified PaymentsInvestigate and resolve unapplied and unidentified cash with collectors AR team and customers to obtain missing remittance up on short pays overpays and deductions for proper resolution.3. Reporting & AnalysisPrepare daily cash posting reports unapplied cash reports and ageing in month-end close process gaps and recommend improvements.4. Stakeholder ManagementWork closely with Collections Credit Billing and Banking teams to ensure correct payment promptly to queries from internal stakeholders and clients regarding payment audits by providing required documents and reconciliation statements.5. Compliance & Process AdherenceEnsure compliance with company policies SOX controls and audit to SLAs KPIs and quality documentation and SOP updates as Skills & QualificationsEducationBachelors degree in Commerce Finance Accounting or related 24 years of experience in Cash Application Accounts Receivable or O2C handling high transaction volumes SkillsProficiency in MS Excel (VLOOKUP Pivot Tables Basic formulas).Working knowledge of ERP systems (SAP Oracle Workday MS Dynamics NetSuite).Understanding of banking formats and remittance types (EDI BAI2 Lockbox).Soft SkillsStrong attention to detail and communication and stakeholder management to work under pressure and meet tight problemsolving and analytical Performance Indicators (KPIs)Cash posting accuracy for unapplied and unidentified cash posting adherence and error-free performance.

Qualifications :

Bachelors of Commerce

Remote Work :

No

Employment Type :

Full-time

Experience: years
Vacancy: 1