Job Title: Revenue Analyst (Cash Application)
Location: Bengaluru (Hybrid)
Working Hours: Night Shift (8:00 PM till 5:00 AM) mandatory
Job Description:
As a member of Revenue Accounting, you will assist in the processing of revenue-impacting adjustments and reconciling balance sheet accounts. Monitor revenue and reconcile receivables and unearned accounts. Work with internal customers to resolve related revenue enquiries. Assist in facilitating the automation of current processes and procedures. You may participate in special projects.
- • The O2C team is accountable from the time an order is booked until invoices are created and receipts applied to the same. Its functions include collections, credits and cash applications.
- Build credibility with stakeholders by virtue of addressing their challenges in quick time with appropriate solutions.
- Ensures that revenue is recognised in accordance with corporate and SEC standards. Provides direction to the sales organisation prior to contracts being concluded.
Roles and Responsibilities:
- Communicate process updates to team.
- Allocating downloaded bank reports to self/team and applying them to invoices paid by customer.
- Reducing unapplied cash on a day-to-day basis.
- Achieving KPIs allocated as goals (productivity, quality, unapplied cash, acquisition CIT, C-sat, etc.)
- Work on moving customers from cheque to EFT payout methodology for a better customer experience.
- Assist in account reconciliation queries with sales/collections/customer/cash management & other stakeholders. Provide assistance in internal and external audits & provide support on audit requests
- Responsible for processing refund requests and making general ledger adjustments.
- Conduct in-depth research and analyse overpayment in resolving unapplied cash.
- Provides administrative support for accounting functions, including areas of general ledger, accounts payable, accounts receivable, fixed assets, and inter-company transactions.
- Take personal accountability & ownership in resolving issues/challenges for customers (internal and external)
- Strong delivery skills on handling specific projects / customer accounts / acquisition accounts / etc.
- Ability to come up with a reporting basis with strong analytical skills showcasing trends.
- Downloading daily deposits from the bank system for posting.
Relevant Experience & Training
- Good communication skills (written and verbal) in English.
- Should be open in making calls to customers when needed.
- Overall experience of 5+ years with minimum education of graduation in commerce.
- B2B / B2C Cash Apps, Accounts Receivable, Accounts Payable experience is a must.
- Well acquainted with MS Office (specifically Excel).
- Open to working shifts.
Functional Competencies
- Cash Applications
- Reconciliations
- Risk Management
