Accounts Receivable Associate Cash Applications

ICE; Hyderabad; On-site; INR 350,000 - 520,000; Full time

Job summary

Intercontinental Exchange in Hyderabad seeks an Accounts Receivable Cash Application Associate to review bank statements and apply payments to customer accounts. The role requires 2+ years in accounting, strong attention to detail, and the ability to handle confidential information with professional discretion.

You will investigate discrepancies, communicate with customers and collectors, and ensure accurate daily cash reconciliation.

Qualifications

• 2+ years of experience in accounting or cash application.
• Must be detail oriented with strong organizational skills.
• Ability to handle confidential information professionally.
• Strong customer service, interpersonal and written/verbal communication skills.
• Ability to analyze and solve problems and prioritize tasks.
• Experience working in a fast-paced team environment and meeting transaction targets.

Responsibilities

• Review bank statements and apply daily payments to customer accounts.
• Investigate out-of-balance deposits and allocate payments correctly.
• 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 collectors or customers to research payments.
• Report and reconcile daily cash receipts to ensure all revenue is received and applied.
• Notify management of issues or payment discrepancies.
• Maintain organized files of payments and cash reconciliations.
• Collaborate with AR Collectors to ensure cash is properly deposited on customer accounts.

Skills

Detail oriented

Strong communication

Education

Bachelor's degree in Accounting or related field

Job description

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 Bachelors 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.

Requirements: