AR Analyst

Kount; Mumbai; Hybrid; INR 6,00,000 - 9,00,000; Full time

Job summary

A financial services company is seeking a dedicated Cash Application Specialist in Mumbai. This role includes accurately applying customer payments in Oracle, maintaining customer records, and reconciling accounts. Ideal candidates should have over 3 years of accounting experience and an advanced proficiency in Excel. The position offers a hybrid work setting, competitive compensation, and opportunities for growth.

Benefits

Comprehensive compensation

Healthcare packages

Paid time off

Organizational growth potential

Qualifications

• Minimum 3 years of accounting knowledge.
• 1-3 years of experience in Accounts Receivable and cash application.
• Advanced Excel skills.

Responsibilities

• Process receipts of funds and apply them in Oracle.
• Create and maintain customer master records.
• Reconcile customer GL accounts with Equifax data.
• Investigate unapplied cash amounts.
• Reconcile withholding tax on GST.

Skills

Cash Application in Oracle

Customer Master Creation

GL Reconciliation

Withholding Tax Reconciliation

Advanced Excel

Education

B.Com or M.Com

Tools

Oracle R12

Oracle Fusion

Excel

Job description

Equifax is where you can power your possible. If you want to achieve your true potential, chart new paths, develop new skills, collaborate with bright minds, and make a meaningful impact, we want to hear from you.

Synopsis of the role
We are seeking a dedicated and detail-oriented Cash Application Specialist to join our finance team. The successful candidate will be responsible for ensuring the accurate and timely application of customer payments, maintaining customer master data, and supporting various reconciliation activities.

What you’ll do

• Cash Application in Oracle: Process the receipt of funds in the bank account and apply them accurately within the Oracle R12/ Oracle Fusion system.
• Customer Master Creation: Create and maintain customer master records in various systems including Oracle, Selcomm, and AO Docs.
• Invoice Correction Management: Address and resolve customer invoice corrections submitted through the ARTAD system.
• GL Reconciliation: Reconcile customer General Ledger (GL) accounts with Equifax data, investigating and resolving any discrepancies.
• Unapplied and Unidentified Cash Resolution: Investigate and apply unapplied and unidentified cash amounts to open Accounts Receivable (AR) balances, in coordination with client and bank confirmations.
• Withholding Tax Reconciliation: Conduct reconciliation of withholding tax on GST to align client deductions with reported GST for Equifax credit claims.
• Other account receivable activities

What experience you need

• Cash Application in Oracle: Process the receipt of funds in the bank account and apply them accurately within the Oracle R12/ Oracle Fusion system.
• Customer Master Creation: Create and maintain customer master records in various systems including Oracle, Selcomm, and AO Docs.
• Invoice Correction Management: Address and resolve customer invoice corrections submitted through the ARTAD system.
• GL Reconciliation: Reconcile customer General Ledger (GL) accounts with Equifax data, investigating and resolving any discrepancies.
• Unapplied and Unidentified Cash Resolution: Investigate and apply unapplied and unidentified cash amounts to open Accounts Receivable (AR) balances, in coordination with client and bank confirmations.
• Withholding Tax Reconciliation: Conduct reconciliation of withholding tax on GST to align client deductions with reported GST for Equifax credit claims.
• Other account receivable activities

What could set you apart

• Prior accounting knowledge with a minimum job experience of 3 years
• Prior Working knowledge of 1-3 years in Accounts Receivable, customer invoicing and cash application is a must.
• Advanced Excel skillsets (MS Excel, Interactive Charts) The candidate should be a commerce graduate with qualification such as B.Com, M.Com etc
• Work location of this role will be Mumbai

We offer a hybrid work setting, comprehensive compensation and healthcare packages, attractive paid time off, and organizational growth potential through our online learning platform with guided career tracks.

Are you ready to power your possible? Apply today, and get started on a path toward an exciting new career at Equifax, where you can make a difference!

Primary Location: IND-Mumbai-Equifax Credit Information Services

Function: Function - Accounting

Schedule: Full time