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
