Accounts Receivable Associate (Cash Applications)

Intercontinental Exchange Holdings, Inc.; Hyderabad; On-site; INR 420,000 - 640,000; Full time

Job summary

Intercontinental Exchange Holdings, Inc. in Hyderabad, India, is hiring an Accounts Receivable Cash Application Associate to join its finance team.

You will review bank statements, apply daily payments to customer accounts, investigate discrepancies, and ensure correct revenue posting. The role requires an Associate or Bachelor's degree in Accounting or a related field with at least two years' relevant experience.

Qualifications

• Associate or Bachelor's degree in Accounting or business-related field with at least 2 years of experience directly related to the duties.
• Must be detail oriented and possess strong organizational skills.
• Ability to handle confidential and sensitive information in a professional manner.
• Strong customer service, interpersonal and written/verbal communication skills.
• Ability to analyze and solve problems, prioritize tasks and work independently.
• Experience handling high transaction volume in a fast-paced environment.

Responsibilities

• Review bank statements and apply daily payments to customer accounts.
• Investigate out of balance deposits to determine proper distribution of payments.
• Analyze payment exceptions and liaise with customers and management to increase auto-application of payments.
• Handle monthly application for unapplied and unidentified cash receipts.
• Communicate via phone or email with the collectors and/or customer to research payments.
• Report and reconcile daily cash receipts to ensure all revenue has been received and applied.
• Notify management of issues or payment discrepancies.
• Maintain accurate and organized files of payments and cash reconciliations.
• Collaborate with AR Collectors to ensure cash is properly deposited on customer accounts.

Skills

Attention to detail

Organizational skills

Communication skills

Customer service

Written/verbal communication

Problem solving

Time management

Education

Associate or Bachelor's degree in Accounting or related business field

Job description

Job Description

Job Purpose

Intercontinental Exchange has an opportunity for an Accounts Receivable Cash Application Associate in Hyderabad, India.

Responsibilities

• Review bank statements, apply daily payments to customer accounts;
• Investigate out of balance deposits to determine appropriate distribution of payments;
• Analyze payment exceptions and liaise with customers and management to increase auto-application of payments;
• Handle monthly application for unapplied and unidentified cash receipts;
• Communicate via phone or email with the collectors and/or customer to research payments;
• Report and reconcile daily cash receipts to ensure all revenue has been received and applied;
• Notify management of issues or payment discrepancies;
• Maintain accurate and organized files of payments and cash reconciliations;
• Collaborate with AR Collectors to ensure cash is properly deposited on customer accounts.

Knowledge and Experience

• Associate or Bachelor's degree in Accounting or business-related field with at least 2 years of experience that is directly related to the duties and responsibilities specified.
• The candidate must be detail oriented and possess strong organizational skills.
• Candidate must be able to handle confidential and sensitive information in a professional manner.
• Strong customer service, interpersonal and written/verbal communication skills are required.
• Must have the ability to analyze and solve problems, prioritize tasks and work independently.
• Ability to work in a fast-paced team environment and have the flexibility to handle high transaction volume.
• Proven experience adhering to daily, weekly and monthly transaction goals/targets is a must.