Cash App

Job brief

We are looking for a competent Cash Application Specialist 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 1-3 years relevant experience

Technical Skills

• Responsible for accounting analysis, reports, and projects
• Reviews journal entries and prepares account reconciliations including supporting documentation to ensure accurate reporting
• Provides suggestions for improving processes performed within the team

Soft Skills

• Solid knowledge of relevant accounting principles (i.e. GAAP)
• Good data analysis skills
• Knowledge of systems and automation tools (including Excel and Word, etc.)
• Problem resolving skills and should be a team player

Job Responsibilities

• Liaise with the collections team, to ensure unidentified receipts are worked on each day and kept at an absolute minimum
• Assist in forensic analysis of aged items and on-account payments to ensure open items are identified and closed out
• Able to analyse variance in customer ledger posting & bank discrepancies
• Timely review of audit queries and process overview sessions with auditors
• To undertake ad hoc and other duties as required by the Shared Services team
• Should have exposure to risk assessment and booking Reserve for Doubtful Debts/Write off/Adjustment entries
• 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

Physical Requirements/ Working Conditions

• Ability to physically perform general office requirements
• Must be able to perform essential responsibilities with or without reasonable accommodations