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MT OTC Cash Apps

MT OTC Cash Apps

GenpactHyderabad, Telangana, India
30+ days ago
Job description

Ready to shape the future of work

At Genpact we dont just adapt to changewe drive it. AI and digital innovation are redefining industries and were leading the charge. Genpacts AI Gigafactory our industry-first accelerator is an example of how were scaling advanced technology solutions to help global enterprises work smarter grow faster and transform at scale. From large-scale models to agentic AI our breakthrough solutions tackle companies most complex challenges.

If you thrive in a fast-moving tech-driven environment love solving real-world problems and want to be part of a team thats shaping the future this is your moment.

Genpact (NYSE : G) is anadvanced technology services and solutions company that deliverslastingvalue for leading ourdeep business knowledge operational excellence and cutting-edge solutions we help companies across industries get ahead and stay by curiosity courage and innovationour teamsimplementdata technology and AItocreate tomorrow to know us onLinkedInXYouTube andFacebook.

Inviting applications for the role of Management Trainee Accounts Receivables Cash Applications

In this role Cash Application Management Trainee whos responsible for posting payments from the lockbox ACH and wire transfer to customer accounts. Also reducing un-applied cash receipts on aged accounts receivable.

Responsibilities

Must have a strong understanding of Accounts Receivables process

Post daily receipts (wires / ACH / checks) and credit / debit memos on a timely basis in order to ensure accurate maintenance of accounts receivable balances

Contact collections and business partners to obtain remittance details

Research and resolve misapplied and unidentified cash receipts in ERP

Identify and manually tag all customer remit discrepancies and short payments.

Undertake tasks as requested by the Team Leader that may involve testing and process improvement.

Assist in streamlining and improving the accounts receivable process by identifying areas of improvement

Maintain prepare and distribute daily and monthly reporting to Supervisor and other stakeholders

Meet the monthly productivity goals

Identify and reconcile payment differences post short / over payments deductions on account and partial payments and appropriately code all reconciling transactions

Utilize shared mailboxes and customer web portals to identify retrieve and organize remittance details.

Additional Responsibilities

Must have a strong understanding of Accounts Receivables process with Quality team on performing process Audits as per the agreed sample size and agreed frequency

Act as a Subject Matter Expert / mentor / buddy and provide guidance / support to the other team members

Keep the SOP documentation updated as per the identified changes in the process and submit for regular review and approval

Review / update Root Cause Analysis (RCA) provided by the accountant and work with Client-SMEs in formalizing the resolutions and bringing the preventive control to ensure same error is not repeated

Identify anomalies gaps in the process and explore potential opportunities for process improvement

Qualifications we seek in you!

Minimum Qualifications

Degree in Finance / Accounting / Business management or other related areas

Experience in Accounts Receivables Process

Strong detail-orientation with a penchant for data accuracy

Ability to research interpret and reconcile data

Strong communication skills both written and verbal

Good interpersonal skills and team player

Ability to take initiatives meet tight deadlines and prioritize workload

Proficient in Microsoft Excel

Worked in an international environment.

Critical thinking skills with an ability to analyze data and an eye for details.

Comfortable to work with US based clients US shift hours and 100% Work from Office

Preferred Qualifications / Skills

Working with Microsoft Oracle is preferred

Knowledge of Microsoft Excel at an advanced level including pivot tables macros index / match VLOOKUP VBA data links etc. will be an added advantage

Why join Genpact

Be a transformation leader Work at the cutting edge of AI automation and digital innovation

Make an impact Drive change for global enterprises and solve business challenges that matter

Accelerate your career Get hands-on experience mentorship and continuous learning opportunities

Work with the best Join 140000 bold thinkers and problem-solvers who push boundaries every day

Thrive in a values-driven culture Our courage curiosity and incisiveness - built on a foundation of integrity and inclusion - allow your ideas to fuel progress

Come join the tech shapers and growth makers at Genpact and take your career in the only direction that matters : Up.

Lets build tomorrow together.

Genpact is an Equal Opportunity Employer and considers applicants for all positions without regard to race color religion or belief sex age national origin citizenship status marital status military / veteran status genetic information sexual orientation gender identity physical or mental disability or any other characteristic protected by applicable laws. Genpact is committed to creating a dynamic work environment that values respect and integrity customer focus and innovation.

Furthermore please do note that Genpact does not charge fees to process job applications and applicants are not required to pay to participate in our hiring process in any other way. Examples of such scams include purchasing a starter kit paying to apply or purchasing equipment or training.

Key Skills

IT Project Management,ABAP,Corporate Risk Management,Infrastructure,Banking Sales,Hospital

Employment Type : Full-Time

Experience : years

Vacancy : 1

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Mt Otc • Hyderabad, Telangana, India

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