Cash Application Associate

WillScot; Pune District; On-site; INR 420,000 - 720,000; Full time

Job summary

Equipe Container Services India Private Limited, a WillScot subsidiary, seeks a Cash Application Analyst to manage cash applications, resolve payment issues, and handle remittance inquiries. You will collaborate across teams to ensure accurate posting and timely payments.

The role requires attention to detail, strong communication, and the ability to work in a fast paced environment within a GCC/shared services context.

Qualifications

• 2+ years of high volume corporate A/R experience.
• Proficiency with MS Office (Excel); JD Edwards a plus.
• Excellent analytical and problem solving skills.
• Strong written and verbal communication skills.
• Good organization and customer service skills.
• Ability to work independently and collaboratively in a fast paced environment.
• Experience in a Shared Services or GCC environment preferred.

Responsibilities

• Respond to customer queries through calls and emails, resolving disputes and ensuring timely closure of payments.
• Perform complex reconciliations on customer payments, ensuring accuracy and timeliness.
• Apply customer payments (checks, ACH, wire transfers, credit cards) to appropriate accounts in the system.
• Reconcile bank deposits with customer remittances, investigate and resolve payment discrepancies.
• Maintain accurate and up-to-date records of payment transactions.
• Generate and review daily, weekly, and monthly reports.
• Utilize ERP or accounting software to streamline cash application processes.
• Identify opportunities for process improvement and automation.
• Ensure all transactions adhere to company policies and financial regulations.
• Handle confidential financial information with discretion.
• Prepare daily, weekly, and monthly reports on the status of accounts receivable and cash applications.

Skills

High volume A/R experience

Analytical skills

Written and verbal communication

Organization and customer service

Education

Bachelor's degree in finance, accounting, business administration, or related field

2+ years accounting experience

Tools

MS Office (Excel)

JD Edwards

Job description

Equipe is part of the global WillScot family of companies, where our team of nearly 5000+ people makes our company a Great Place to Work® and provides a competitive advantage in supporting our customers.

As North America's leading provider of complete temporary space solutions, we have 260+ locations helping customers in the United States, Canada, and Mexico, get the innovative flexible workspace and portable storage solutions that are right for their timeline and their project, Right From the Start.

Our differentiation begins with our values, lived through our employees and aligned to the needs of our customers and communities.

ABOUT THE JOB:

Assist in the process/application of the US lockbox receipts, wire transfers, and Canadian lockbox. Research unapplied receipts; reconcile accounts as needed, and process intranet Credit Cards transactions. Properly identify advance payments and update customer orders to reflect payments.

WHAT YOU'LL BE DOING:

• Application of all checks and ach payments not applied thru lockbox process including creating invoices for deposits.
• Coding of all unapplied receipts.
• Help respond to and satisfy all e-mail requests addressed to CASH.

ADDITIONAL RESPONSIBILITIES

• Knowledge of wire transfer entry, application, and filing. Provide back up as needed.
• Other duties may be assigned.

EDUCATION AND QUALIFICATIONS:

Education:

• 2 years Accounting Degree or 2+ years general accounting experience.

OTHER REQUIREMENTS

• 2+ years of high volume corporate A/R experience.
• Demonstrated proficiency with MS Office (specifically Excel); JD Edwards experience a plus.
• Exceptional analytical and problem solving skills.
• Ability to effectively communicate in writing and verbally.
• Good organization and customer service skills required.

EQUIPE CONTAINER SERVICES INDIA PRIVATE LIMITED is a subsidiary of WillScot. At WillScot (NASDAQ WSC), our 4000+ people are at the heart of everything we do. In addition to providing industry-leading pay and benefits, we provide opportunities for development and upward mobility, while investing in the communities we serve. We are the undisputed leader in providing innovative flexible workspace and portable storage solutions, serving an incredible range of customers across all industries from 240+ locations across the United States, Canada, and Mexico.

ABOUT THE JOB

As a Cash Application Analyst, you will be responsible for managing cash applications, customer queries, and dispute resolution. This requires extensive knowledge of cash application processes involving research and application of unapplied cash, reconciliation of accounts, and processing emails related to remittance advice from customers. The role requires cross-functional collaboration with collections and other teams.

KEY RESPONSIBILITIES

• Respond to customer queries through calls and emails, resolving disputes and ensuring timely closure of payments. Communicate with customers regarding missing remittance details or incorrect payments.
• Perform complex reconciliations on customer payments, ensuring accuracy and timeliness.
• Apply customer payments (checks, ACH, wire transfers, credit cards) to appropriate accounts in the system.
• Reconcile bank deposits with customer remittances, investigate and resolve payment discrepancies.
• Maintain accurate and up-to-date records of payment transactions.
• Generate and review daily, weekly, and monthly reports.
• Utilize ERP or accounting software to streamline cash application processes.
• Identify opportunities for process improvement and automation.
• Ensure all transactions adhere to company policies and financial regulations.
• Handle confidential financial information with discretion.
• Prepare daily, weekly, and monthly reports on the status of accounts receivable and cash applications.

EDUCATION AND QUALIFICATIONS

• Bachelor's degree in finance, Accounting, Business Administration, or a related field.
• 2+ years of experience in cash application, accounts receivable, or a similar role.
• Strong analytical skills with a focus on attention to detail.
• Excellent verbal and written communication skills with a professional demeanour.
• Ability to work independently and collaboratively in a fast-paced environment.
• Experience working in a Shared Services or GCC environment is highly preferred.