- Hyderabad, Telangana, India
- Hybrid
- Full-time · Mid
- 2–4 years
Accounts Receivable (AR) Cash Application Specialist to support the accuracy and timeliness of financial operations by ensuring customer receipts are correctly identified, applied, and resolved in Oracle.
Responsibilities
- Perform daily AR cash application by reviewing bank receipts and remittance information, identifying customer payments, and applying cash accurately to the correct customer accounts and invoices in Oracle
- Clear unapplied and unidentified cash promptly, escalating missing or unclear remittance details for resolution
- Support monthly reconciliation of assigned bank accounts, Cash in Transit (CIT), Cash, and Petty Cash accounts, and investigate cash application-related differences
- Complete daily cash application and reconciliation activities within month-end close deadlines, ensuring receipts are posted to the correct period and supporting the transfer and reconciliation of cash activity to the GL
- Monitor unapplied, unidentified, and on-account cash and aged items, coordinating with AR, Collections, Treasury, GL, and other teams to obtain remittance details and resolve exceptions
Requirements
- Graduate in Commerce
- Nice to have: MBA
- Nice to have: M.Com
- Nice to have: B.Com
- Nice to have: CA