Cash Application Associate (India)

Cash Application Associate (India)

20 Aug
|
Nielseniq
|
India

20 Aug

Nielseniq

India

Job Description

Job Description

Position Summary:

At NIQ, the Cash Applicator plays a pivotal role of the Cash Application and Collection team within Global Finance Operations, reporting to the Cash Application and Collection Lead, focusing on the accurate and efficient processing of client payments. This position is critical for maintaining the integrity of NIQ's financial records, specifically within Accounts Receivable. The Associate will identify and analyze payments, which may include manually processing transactions, to ensure that all payments made by clients are accurately recorded and reflected in NIQ's financial records. This role requires a keen eye for detail, a robust understanding of financial processes, and the ability to work closely with other departments to resolve payment discrepancies and ensure financial compliance.

Key Responsibilities:
- Payment Processing: Accurately identify, analyze, and process client payments, ensuring timely recording in financial systems.



This includes manual handling of payments and following established procedures for processing payments.
- Accounts Receivable Management: Maintain up-to-date records in NIQ's Accounts Receivables to reflect current payment statuses, managing daily cash application of payments made to several bank accounts, and working closely with the finance team to reconcile accounts as needed.
- Data Verification and Reconciliation: Perform regular audits and cash reconciliation processes of financial records to verify the accuracy of payment entries, using financial data to reconcile discrepancies in accounts. Communicate effectively with the collections team to obtain payment details from clients.
- Cross-Departmental Collaboration: Work closely with Customer Service, Sales departments, and Treasury Associates to resolve payment issues, discrepancies, and inquiries from clients, ensuring a seamless flow of communication.
- Reporting and Compliance: Assist in the preparation of financial report

📌 Cash Application Associate (India)
🏢 Nielseniq
📍 India

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