Cash Application Specialist

Greetings of the day!!

We are hiring Cash Application Specialist for Chennai Location

** Immediate joiners Preferred **

Eligibility Criteria:

Should have Minimum 2 Years experience in Accounts Receivable, Cash Applications, or Financial Accounting

. Work Location: Chennai

Shift Time : 3PM - 12PM

Mode of interview: Virtual & Direct

Company Overview

We are a rapidly growing, mid-sized, innovative healthcare software and services company dedicated to advancing healthcare through technology-driven solutions. We are at the forefront of revolutionizing the industry with our commitment to innovation and growth. As we expand, we seek a Cash Applications Specialist to join our dynamic team, primarily focusing on accurately posting payments in our ERP system, NetSuite .

Job Purpose

This role will report to the India Finance Manager and collaborate closely with both India and US accounting teams. You will ensure accurate and timely processing of cash transactions for multiple entities and support the accounting departments goal of maintaining accurate financial records in compliance with Indian accounting standards and company policies.

Major Responsibilities

• Ensure timely and accurate posting of customer payments in NetSuite to maintain up-to-date cash ledgers and customer subledger records.
• Maintain and regularly update the schedule of unapplied payments; communicate outstanding items to the accounting team.
• Research and resolve customer payment discrepancies, short-pays, over-pays, and missing remittance details.
• Partner with the accounting team to investigate partial payments, unapplied cash, and remittances that do not align with accounting records.
• Communicate with customers and internal stakeholders regarding payment discrepancies.
• Reconcile cash accounts, ensuring bank activity agrees with posted transactions.
• Create and maintain process documentation for accounting procedures.
• Prepare and post journal entries related to cash applications.

Qualifications

• Bachelors degree in Commerce, Accounting, or Finance (B.Com/M.Com preferred).
• Minimum 2 years of experience in Accounts Receivable, Cash Applications, or Financial Accounting.
• Excellent attention to detail and accuracy.
• Strong analytical and problem-solving skills.
• Good written and verbal communication skills in English.
• Proficient in Microsoft Office (Excel, Word, Outlook).

Interested candidates kindly share your resume

Whatsapp Vinodhini )

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