Senior Executive-Order to Cash-Cash Application (India)

Senior Executive-Order to Cash-Cash Application (India)

02 Aug
|
EXL Service
|
India

02 Aug

EXL Service

India

Job Description: Job Summary:

- Knowledge of OTC/AR, accounting/Cash applications, and communication skill.
- Daily task of receiving cash, applying cash to correct policies, research for unapplied cash,
- Reporting and resolving open items with Onshore billing partners.
- Handling premium cash application for different lockboxes, (Like wire, ACH)
- Managing Year, Month and quarter end expectation with stringent timelines
- Daily/monthly account and balance sheet reconciliations, research & analysis
Prepare/extract reports and investigate accounting issues

Key Accountabilities:

- Meet the timeliness and accuracy parameters of cash applications
- Effective communication with onshore/offshore partners
- Prior experience to work on excel and email writing
- Flexible to work in Night shifts/Overtime as per the business requirement

Responsibilities: Primary Role & Responsibility

Job Summary:

- Knowledge of OTC/AR, accounting/Cash applications, and communication skill.
- Daily task of receiving cash, applying cash to correct policies, research for unapplied cash,
- Reporting and resolving open items with Onshore billing partners.
- Handling premium cash application for different lockboxes, (Like wire, ACH)
- Managing Year, Month and quarter end expectation with stringent timelines
- Daily/monthly account and balance sheet reconciliations, research & analysis




- Prepare/extract reports and investigate accounting issues

Key Accountabilities:

- Meet the timeliness and accuracy parameters of cash applications
- Effective communication with onshore/offshore partners
- Prior experience to work on excel and email writing
- Adaptable to work in Night shifts/Overtime as per the business requirement

Minimum Experience

- Accounting Graduate with 2+ years of Finance and accounting experience in Cash applications and month close
- Comprehension skills – should be able to read, interpret business documents
- Ability to analyse complex information, relate and compare data from different sources and identify cause and effect relationships

Technical Skills

- Knowledge of MS Office (Excel, Word, etc.), Internet and E-mail writing, Workday

Soft Skills

- Ability to handle and communicate as per the requirement (written and verbal)

Desirable Skills

- Knowledge about the Insurance Industry in US

Product/Process Specific

- Self-disciplined and result oriented
- Knowledge of Premiums allocation
- Ability to multi task
- Ability to work effectively as part of a team
- Strong analytical skills
- Attention to detail – especially during transaction processing

- Qualifications: Commerce Graduate and Equivalent

📌 Senior Executive-Order to Cash-Cash Application (India)
🏢 EXL Service
📍 India

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