AR Cash Application Specialist

Parexel; India; Híbrido; INR 400.000 - 700.000; Jornada completa

Descripción de la vacante

Parexel is hiring an AR Cash Application Specialist in Hyderabad in a hybrid role. You will ensure accurate receipt identification, apply payments to customer accounts in Oracle Receivables, and support month-end close with reconciliations.

You will collaborate with AR, Collections, Treasury, GL, and other Finance teams, maintain audit-ready documentation, and seek opportunities to automate cash matching and improve processing efficiency.

Formación

• 2 to 4 years of experience in AR cash application, accounts receivable, cash management, or finance operations.
• Strong knowledge of AR cash application, receipt matching, unapplied cash resolution, and basic accounting.
• Experience with Oracle Receivables / Oracle Cash Management is preferred.

Responsabilidades

• Perform daily AR cash application by reviewing bank receipts and remittance information and posting to customer accounts in Oracle.
• Clear unapplied and unidentified cash promptly and escalate missing/remittance details for resolution.
• Support monthly reconciliation of bank accounts, Cash in Transit, Cash, and Petty Cash, and assist month-end close.
• Investigate cash application differences and ensure accurate postings to GL.
• Monitor aged items and coordinate with AR, Collections, Treasury, and GL to resolve issues.

Conocimientos

AR cash application

Receipt matching

Unapplied cash resolution

Finance operations

Excel

Educación

Graduate in Commerce

Herramientas

Oracle Receivables / Oracle Cash Management

Descripción del empleo

Job Description AR Cash Application Specialist

When our values align, there's no limit to what we can achieve.

At Parexel, we all share the same goal - to improve the world's health. From clinical trials to regulatory, consulting, and market access, every clinical development solution we provide is underpinned by something special - a deep conviction in what we do.

Each of us, no matter what we do at Parexel, contributes to the development of a therapy that ultimately will benefit a patient. We take our work personally, we do it with empathy and we're committed to making a difference.

About Parexel

Parexel is a leading global clinical development partner delivering insights-driven clinical and consulting solutions to the life sciences industry. With 22,000+ employees worldwide, we partner with biopharmaceutical companies and research sites to design and deliver patient-focused clinical trials that broaden access and make research a care option for anyone, anywhere.

We work with focus, agility, and shared purpose, moving with urgency to address patient needs and accelerate the delivery of new therapies. We embrace bold thinking, adapt quickly to change, and continually raise the bar for the speed and quality of clinical research. We are expanding our team and seeking talented individuals to help drive industry leading innovation, With Heart.

About the Role

We are seeking an Accounts Receivable (AR) Cash Application Specialist to join our team in Hyderabad in a hybrid capacity. As an AR Cash Application Specialist, you will support the accuracy and timeliness of Parexel's financial operations by ensuring customer receipts are correctly identified, applied, and resolved in Oracle. This position plays a key role in daily cash application, bank and cash reconciliation, open item management, controls and audit readiness, and month-end close. You'll collaborate with AR, Collections, Treasury, General Ledger (GL), and other Finance teams, follow established controls and processes, and contribute to reliable financial results that help keep our clinical development business strong.

Responsibilities include daily AR cash application, bank and cash reconciliations, month-end close activities, and investigation of open items, with opportunities to deepen your expertise and influence process improvements.

You’ll join a fast‑paced, growth‑oriented environment focused on making a meaningful impact through accurate cash application, timely reconciliation, and strong controls. With diverse teams and continuous learning opportunities, the AR Cash Application Specialist can explore career paths and expand skills across finance operations.

Key Responsibilities

• Perform daily AR cash application by reviewing bank receipts and remittance information, identifying customer payments, and applying cash accurately to the correct customer accounts and invoices in Oracle
• Clear unapplied and unidentified cash promptly, escalating missing or unclear remittance details for resolution
• Support monthly reconciliation of assigned bank accounts, Cash in Transit (CIT), Cash, and Petty Cash accounts, and investigate cash application-related differences
• Complete daily cash application and reconciliation activities within month-end close deadlines, ensuring receipts are posted to the correct period and supporting the transfer and reconciliation of cash activity to the GL
• Monitor unapplied, unidentified, and on‑account cash and aged items, coordinating with AR, Collections, Treasury, GL, and other teams to obtain remittance details and resolve exceptions
• Maintain complete cash application, remittance, and reconciliation support, and provide schedules and documentation for internal and external audit requirements
• Support process improvements in cash matching and application by identifying repetitive activities, recurring exceptions, and opportunities for automation and standardization
• Provide backup coverage during month‑end and quarter‑end close and work effectively with Finance stakeholders to resolve receipt issues

Candidate Profile

• You’ll thrive in this role if you bring:
• Strengths in AR cash application, receipt matching, and unapplied cash resolution
• Experience in finance operations, accounts receivable, or cash management
• The ability to review remittance information, investigate payment differences, and resolve cash application exceptions
• The ability to work effectively with AR, Collections, Treasury, and GL teams and communicate clearly
• A detail‑oriented mindset and the ability to meet close deadlines
• Comfort working with Excel, accounting systems, and Oracle

Required Qualifications

Graduate in Commerce

• 2 to 4 years of relevant experience in AR cash application, accounts receivable, cash management, bank reconciliation, or finance operations
• Strong knowledge of AR cash application, receipt matching, unapplied cash resolution, and basic accounting
• Oracle Receivables / Oracle Cash Management experience, including receipt creation, applicati