FIN.CASH ANALYST

Atmus Filtration Technologies; Pune District; On-site; INR 600,000 - 800,000; Full time

Job summary

A leading filtration technology company in Pune is seeking an experienced Cash Application Analyst to support the cash application process. The successful candidate will ensure timely application of customer payments and improve process efficiencies. You will collaborate with teams to resolve discrepancies and maintain financial controls. A Bachelor's degree in Accounting or Finance and 5+ years of relevant experience are essential. Proficiency in ERP systems is preferred. This role offers a dynamic work environment.

Qualifications

• 5+ years of experience in cash applications, accounts receivable, or financial operations.
• Experience in a shared services or centralized finance environment is a plus.
• Knowledge of the manufacturing or project installation industry is preferred.

Responsibilities

• Process and apply incoming customer payments accurately and timely.
• Investigate and resolve payment discrepancies and unapplied cash.
• Perform daily reconciliation of cash receipts to bank deposits.
• Maintain accurate records and documentation for audit and compliance.
• Assist in identifying opportunities for automation.

Skills

Attention to detail

Analytical skills

Proficiency in Microsoft Excel

Problem-solving skills

Communication skills

Education

Bachelor’s degree in Accounting, Finance, or related field

Tools

ERP systems (SAP, Oracle)

Job description

At Atmus, employees are viewed as people first, then colleagues. We give you the freedom and flexibility to do what you are good at and make an impact. Work alongside today’s most innovative thinkers and help shape the future with Atmus.

We are looking for a talented FIN.CASH ANALYST to join our team specializing in Planning for our CORPORATE ORGANIZATION in Pune MH.

Koch Filter is seeking a detail-oriented and analytical Cash Application Analyst to support the end-to-end cash application process within the Shared Services Center. The successful candidate will play a key role in ensuring timely and accurate application of customer payments, minimizing unapplied cash, and maintaining strong financial controls. This position requires a proactive individual who can collaborate with internal teams, resolve payment discrepancies, and contribute to process improvements that enhance operational efficiency.

In this role, you will make an impact in the following ways:

Cash Application Process Execution

• Process and apply incoming customer payments, including checks, wire transfers, ACH, and credit card transactions, ensuring accuracy and timeliness.
• Investigate and resolve payment discrepancies, short payments, and unapplied cash by collaborating with internal teams and customers.
• Perform daily reconciliation of cash receipts to bank deposits and ensure proper allocation in the ERP system.
• Maintain accurate records and documentation for audit and compliance purposes.
• Weekly Connects with the collections and internal teams for updates on unapplied and unidentified Cash
• Acts as an SME and provides Floor support to the junior members of the team

Process Improvement & Automation

• Assist in identifying opportunities for automation and process optimization to enhance efficiency and reduce manual workload.
• Work closely with cross-functional teams to support system enhancements related to cash application processes.
• Participate in testing and implementation of new technologies and tools to improve cash application accuracy and efficiency.

Collaboration & Stakeholder Engagement

• Coordinate with Accounts Receivable team to ensure seamless end-to-end cash application workflows.
• Support business units by providing insights on payment trends, outstanding issues, and recommended solutions.
• Communicate effectively with customers regarding remittance details and missing payment information.

To be successful in this role you will need the following:

Compliance & Reporting

• Ensure adherence to company policies, SOX compliance, and audit standards related to cash application processes.
• Generate reports on unapplied cash, payment trends, and key performance metrics to support financial decision-making.
• Assist with month-end closing activities, including reconciliations and reporting.

Education, Licenses, Certifications:

• Bachelor’s degree in Accounting, Finance, or a related field preferred.
• 5+ years of experience in cash applications, accounts receivable, or financial operations.
• Experience working in a shared services or centralized finance environment is a plus.
• Familiarity with ERP systems (e.g., SAP, Oracle, or similar) and cash application tools.
• Knowledge of the manufacturing or project installation industry is preferred.

Skills and Competencies:

• Strong attention to detail and analytical skills to identify and resolve discrepancies.
• Proficiency in Microsoft Excel and data analysis tools.
• Ability to work independently and manage multiple priorities in a fast-paced environment.
• Excellent problem-solving skills and a proactive mindset.
• Strong verbal and written communication skills to engage with internal and external stakeholders.