Cash Application Specialist is responsible for managing the company's incoming payments and ensuring accurate recording and application of cash receipts. This role involves working closely with the accounting team to maintain up-to-date records and resolve any discrepancies in payments.
Responsibilities
Accurately apply daily cash receipts to customer accounts.
Process and post payments received via checks, ACH, wire transfers, and credit cards.
Reconcile payment discrepancies and apply adjustments as necessary.
Perform regular reconciliation of accounts receivable subledgers to the general ledger.
Investigate and resolve any variances identified during reconciliations.
Communicate with customers regarding payment inquiries and discrepancies.
Collaborate with the collections team to resolve overdue accounts.
Maintain accurate and detailed records of all transactions.
To accurately process invoices, credit notes, refunds, write offs across operating platforms and ledgers within agreed timescales.
Reconciliation of various AR ledgers and identifying and targeting issues through stakeholder management, to ensure effective resolution.
Qualifications
Graduate in Accounting or MBA Finance 4-6 years of experience in accounts receivable, cash application, or a similar accounting role
EXL (NASDAQ: EXLS) is a leading data analytics and digital operations and solutions company. We partner with clients using a data and AI-led approach to reinvent business models, drive better business outcomes and unlock growth with speed. EXL harnesses the power of data, analytics, AI, and deep industry knowledge to transform operations for the world’s leading corporations in industries including insurance, healthcare, banking and financial services, media and retail, among others. EXL was founded in 1999 with the core values of innovation, collaboration, excellence, integrity and respect. We are headquartered in Current York and have more than 54,000 employees spanning six continents.
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