Description

Understand the complete cycle of Account Receivable and Cash Application Process. Collaborate with team to process and apply all cash received daily in the workflow by check, ACH/Wire and credit card. The Cash application executive will be performing the payment processing against specific criteria.

- Works with collection, financial operations, and accounts receivables teams in researching unapplied/unidentified cash amounts so that unapplied cash can be kept to a minimum.
- Prepares activity and status reports and reconciles unapplied cash as appropriate.
- Contacts customers via emails and phone calls to inquire about incomplete information related to payments.
- Managing logged and unapplied payments
- Remittance management and bank statements review.
- Utilizes current lockbox technology to print reports and view images related to cash applications
- Ability to manage multiple tasks, excellent research and resolution skills
- Client interaction on daily/weekly basis

Weekly and monthly reporting of unapplied cash, duplicate payments, refunds etc.

Responsibilities

Understand the complete cycle of Account Receivable and Cash Application Process.



Collaborate with team to process and apply all cash received daily in the workflow by check, ACH/Wire and credit card. The Cash application executive will be performing the payment processing against specific criteria.

- Works with collection, financial operations, and accounts receivables teams in researching unapplied/unidentified cash amounts so that unapplied cash can be kept to a minimum.
- Prepares activity and status reports and reconciles unapplied cash as appropriate.
- Contacts customers via emails and phone calls to inquire about incomplete information related to payments.
- Managing logged and unapplied payments
- Remittance management and bank statements review.
- Utilizes current lockbox technology to print reports and view images related to cash applications
- Ability to manage multiple tasks, excellent research and resolution skills
- Client interaction on daily/weekly basis

Weekly and monthly reporting of unapplied cash, duplicate payments, refunds etc.

Qualifications

Bachelor or Master degree in Finance and Accounting 1 - 3 Years of experience

📌 Executive (Noida)
🏢 EXL
📍 Noida