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We are looking for a dedicated and detail-oriented Cash Application Executive with proven experience in the US pharmaceutical industry. The candidate must be well-versed in deduction log maintenance, receivable forecasts, and possess excellent communication skills.
•Cash Application: Process and apply customer payments accurately and efficiently to the appropriate accounts.
•Deduction Management: Maintain and analyze deduction logs to ensure proper documentation and resolution of customer disputes, chargebacks, and other deductions.
•Accounts Receivable Forecasting: Develop and manage receivable forecasts to assist in cash flow planning and ensure timely collection efforts.
•Reconciliation and Reporting: Reconcile accounts receivable balances with customer accounts and generate reports on payment trends, aged receivables, and outstanding issues.
•Collaboration: Work closely with the Accounts Receivable team, Sales, and Customer Support to resolve discrepancies and improve collection cycles.
•Process Improvements: Identify opportunities to optimize the cash application and receivable management processes through automation and best practices.
Key Skills:
US Pharma Experience: Mandatory prior experience in the US pharmaceutical industry, with an understanding of its unique financial processes and regulations.
•Detail-Oriented: Strong focus on accuracy in data entry and reconciliation to ensure financial records are reliable and up-to-date.
•Communication Skills: Excellent verbal and written communication skills to interact with internal and external stakeholders effectively.
Job ID: 104696903
Skills:
Bachelor's degree in Commerce (B. Com); M. Com, MBA (Finance), CA Inter or CMA Inter will be an added advantage. • 4 to 8 years of relevant experience in Accounts & Finance within a Manufacturing, or Wholesale/Distribution organization. • Strong knowledge of GST, statutory compliance and financial reporting. • Experience in inventory accounting, costing and reconciliation. • Proficiency in accounting software such as Tally ERP/Tally Prime, SAP or similar ERP systems. • Advanced working knowledge of Microsoft Excel and MIS reporting. • Strong analytical, problem-solving and organizational skills. • Excellent communication and stakeholder management abilities. • Ability to work independently while meeting strict deadlines., Trading, Tds, Income Tax, Busy