Analyst, Cash App

Magnit, Inc.; Vadodara; On-site; INR 360,000 - 480,000; Full time

Benefits offered by this job

Medical coverage

Dental coverage

Vision coverage

Retirement planning

Discounts & perks

Charitable matching & volunteering

Job summary

Magnit, Inc. is seeking a detail‑oriented Cash Application Analyst for the Night Shift to join our Finance team. The role requires 1+ year of cash application or related finance experience, strong communication skills, and solid accounting knowledge.

You will ensure accurate cash application to customer accounts, reconcile bank statements, and support daily cash analysis. The position emphasizes attention to detail, collaboration with internal and external stakeholders, and timely processing of

Qualifications

• 1+ year of experience in cash application or related finance roles.
• Bachelor’s degree in Accounting, Finance, or Business Administration.
• Strong verbal and written communication skills.
• High attention to detail with a commitment to accuracy and deadlines.
• Ability to work independently as well as collaboratively within a team.
• Prior experience in Accounts / Finance Operations is preferred.

Responsibilities

• End‑to‑end ownership of Cash Application activities.
• Download and review daily bank statements.
• Apply cash receipts accurately to customer accounts.
• Reconcile bank statements with cash receipts.
• Prepare and process daily cash analysis reports.
• Ensure timely and accurate processing of cash postings, reversals, and payables.
• Maintain clear visibility of priorities and deliverables within the functional area.
• Support ad‑hoc requests, reports, and operational requirements as needed.

Skills

Cash application

Attention to detail

Communication skills

Team collaboration

Accounting knowledge

Education

Bachelor’s degree in Accounting, Finance, or Business Administration

Job description

Who We Are

Magnit is the future of work. Serving hundreds of the world’s most recognizable brands for the past 30+ years, Magnit offers the industry’s first holistic platform for the modern workforce. Magnit’s integrated workforce management (IWM) platform, supported by data, software, intelligence, and best‑in‑class services, is key to our clients’ success. It can adapt quickly to regional or industry economic shifts, and provides the speed, scale, flexibility, transparency, and expertise required to meet an organization’s contingent workforce management, talent strategy and broader organization goals. At Magnit, you’ll work with passionate colleagues who collaborate and deliver meaningful results that positively transform the largest companies around the globe.

Job Title: Cash Application Analyst (Night Shift)

We are seeking a detail‑oriented and proactive Cash Application Analyst to join our Finance team for the Night Shift. The ideal candidate will have 1+ year of experience in cash application or a related finance role, along with strong communication skills and a solid understanding of accounting principles.

This role is responsible for ensuring the accurate and timely application of cash receipts, resolving discrepancies, and maintaining precise transaction records. The position requires high attention to detail, analytical capability, and effective collaboration with both internal and external stakeholders.

Key Responsibilities

• End‑to‑end ownership of Cash Application activities
• Download and review daily bank statements
• Apply cash receipts accurately to customer accounts
• Reconcile bank statements with cash receipts
• Prepare and process daily cash analysis reports
• Ensure timely and accurate processing of cash postings, reversals, and payables
• Maintain clear visibility of priorities and deliverables within the functional area
• Support ad‑hoc requests, reports, and operational requirements as needed

Skills and Qualifications

• Minimum 1 year of experience in cash application or related finance roles
• Bachelor’s degree in Accounting, Finance, or Business Administration
• Strong verbal and written communication skills
• High attention to detail with a commitment to accuracy and deadlines
• Ability to work independently as well as collaboratively within a team
• Prior experience in Accounts / Finance Operations is preferred

What Magnit will Offer You

At Magnit, you’ll be joining an innovative, high‑growth environment and can quickly make an impact to help transform the largest companies in the world. You will work with passionate colleagues who collaborate and deliver. Magnit offers all employees the opportunity for growth and development, and we want individuals to fulfill their potential and blaze their own trails.

Magnit will offer you a competitive PTO and benefits package, including medical, dental, and vision coverage, retirement planning, as well as discounts and perks for tickets, travel, merchandise and more! Magnit encourages employees to participate in giving back, and we will match employee contributions to favorite charities and support corporate volunteering hours to make a difference in your community.

To do our best work we need different viewpoints. Therefore, we celebrate diversity and embrace inclusion. As an equal opportunity employer, we are dedicated to building a team that represents a variety of backgrounds, perspectives, and skills. We strive to ensure that we maintain a positive and enriching work environment for all.