Cash Application Specialist

Job title:

Cash Application Specialist

Company:

Cognizant

Job description

Currently we are looking for talented people for the role of:Cash Application SpecialistThe Specialist, Cash Applications responsible for daily incoming cash allocation and relevant issue resolution in multiple ERP systems of multiple country organizations, as well as for problem resolution, processing / handling of payment exceptions.The Cash Application Specialist reports to the OTC Team Manager.Your daily and weekly tasks will be as follows:· download bank statements from multiple online banking portals (if necessary)· execute cash application process: create customer cash receipts and allocate as per remittance received (if necessary)· support the cash collection process, working together closely with the Cash Collection Teams / retained in-country Finance organization· initiate booking of miscellaneous bank related items by General Accounting Team· review accounts receivable accounts for erroneous transactions or delinquencies· reconcile lockbox batches and wire transfer reports, handle cheque payments in ERP system· support offsetting process of customer credits and debits· execute month end closing activities of Accounts Receivable sub-ledger including bank, bank clearing, Accounts Receivable, Write-off and Intercompany Accounts Receivable balances to General Ledger and financial consolidation system· ensure all activities are completed in line with the given SLAs· support internal and external audits accurately and in a timely manner· act as backup for other team members during sickness, holidays and increased workload· raise any issues / problems to population or superiors as necessary· participate in internal process improvements within team with supervision, support the team in executing projects· foster communication and teamwork within and across organizational boundaries· as sometimes requested by the line manager, carry out tasks that are non-contiguous with role and qualification if it does not conflict with any legislationWe are looking for you if you:· have a University/ College degree· have 1-2 years of relevant professional experience in AR/Cash Application· have excellent written and verbal communication skills in English (Spanish language knowledge is an advantage)· have SAP knowledge· are independent and pay attention to details· enjoy working with deadlines· have pro-active attitude and customer-oriented mindsetWhat we offer:· A chance to be part of a rapidly expanding organization· Easy to access location and modern office building· Competitive salary and cafeteria benefits; sport allowance, medical benefits· Team events, Company events· Annual bonus for top performers and annual salary review

Expected salary

Location

Budapest

Job date

Tue, 17 Dec 2024 23:34:06 GMT

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