Cash App

Job brief

We are looking for a competent Cash Application Lead to ensure accurate records of cash-received into the

Business from clients is maintained. To ensure an accurate and up-to-date AR picture is available, to assist the Collections team in driving down debt. To liaise with the other AR sub-teams, to ensure a smooth process of communication on client payments and any issues arising.

Minimum Experience, Education and Certification

•     Graduation in Commerce, MBA - Finance or equivalent combination of education in finance domain • Requires 5+ years relevant experience

Technical Skills

• Responsible for accounting analysis, reports, and projects
• Reviews journal entries including supporting documentation to ensure accurate reporting
• Provides suggestions for improving processes performed within the team
• Proficiency with Office software 
• Outstanding leadership and managerial skills 
• ERP – SAP  (Mandatory)
• Reviewing BRS

Soft Skills

• Solid knowledge of relevant accounting principles (i.e. GAAP)
• Good data analysis skills
• Timely feedback to employees 
• Comfortable working with targets 

Job Responsibilities

• Audit/check and verify daily Bank deposits 
• Preparation of Monthly AR Dashboard and review meeting with leadership 
• Assist in forensic analysis of aged items and on-account payments to ensure open items are identified and closed out
• Interaction with stakeholders and rectification of all issues raised
• Utilize available internal and external software and hardware tools to maximize productivity while maintaining transaction integrity
• Able to analyse variance in customer ledger posting & bank discrepancies
• Timely review of audit queries and process overview sessions with auditors
• Continuous process improvements for cash applications
• Meet Cash Application KPI’s
• Day to day processing/review/quality check of cash received to appropriate clients and invoices 
• Expertise in Month end close activities and Sub Ledger Vs. GL Reconciliations
• Good knowledge of MS Word and MS Excel
• Provides support and written documentation as required to support cash application for SOX controls and audits