Junior Cash Application Analyst

Aptiv; Pune District; On-site; INR 450,000 - 600,000; Full time

Job summary

Versigent is seeking an accurate, detail‑oriented Cash Posting Specialist to support the Order to Cash process. You will post daily customer payments, match remittances, clear on‑account items, and assist month‑end tasks under guided supervision.

Collaborating with Collections, Credit, Billing and Treasury, you will maintain audit trails, follow SOPs, and suggest small improvements to processes. Strong Excel skills and ERP familiarity are essential to ensure timely, compliant cash application.

Qualifications

• Finance/Accounting/Economics education or related field.
• At least 1 year in AR/OTC/cash application or accounting operations.
• Exposure to SAP/major ERP and bank portals.

Responsibilities

• Post daily incoming cash to customer accounts (bank statements, lockbox, SEPA/ACH, wire, checks).
• Match remittances and reference data; clear unapplied/on account items per SOP.
• Escalate missing/remittance info; support invoice level research with Collections/Credit.
• Support month end close activities (cut offs, checklists, reconciliations).
• Follow documented work instructions/SOPs, segregation of duties, and basic control checks.

Skills

MS Excel

AR OTC knowledge

Bank portals

English proficiency

Attention to detail

Time management

Teamwork

Education

Finance/Accounting/Economics

Tools

SAP/ERP exposure

Job description

Role Overview

Execute day to day cash posting activities within the Order to Cash process under close guidance. Post customer payments against open items, match remittances, clear suspense/on account items, and support bank reconciliations and month end tasks. Maintain high data accuracy, follow Versigent controls and work instructions, and collaborate with Collections/Credit and Treasury to ensure timely, compliant, and high quality cash application service.

Duties and Responsibilities

1. Cash Posting & Clearing
   • Post daily incoming cash to customer accounts (bank statements, lockbox, SEPA/ACH, wire, checks).
   • Match remittances and reference data (payer, invoice, amount, discounts, short pays); clear unapplied/on account items per SOP.
   • Escalate missing/incomplete remittance info; support invoice level research with Collections/Credit.
   • Support month end close activities (cut offs, checklists, reconciliations).
2. Controls, Documentation & Compliance
   • Follow documented work instructions/SOPs, segregation of duties, and basic control checks.
   • Maintain accurate posting records and audit trail; file supporting evidence (SharePoint/Workflow).
   • Support internal/external audit requests.
3. Stakeholder Collaboration
   • Communicate proactively with Collections, Credit, Billing, Treasury and local finance to resolve mismatches and missing data.
   • Provide timely status updates and respond to inquiries professionally.
4. Continuous Improvement
   • Identify minor issues (e.g., recurring remittance gaps) and propose simple fixes.
   • Update checklists and suggest SOP clarifications.

Basic Requirements (R – required, P – preferred)

Education & Experience

• Education in Finance/Accounting/Economics or related (P).
• At least 1 year in AR/OTC/cash application or accounting operations (P).

Technical Skills

• Basic understanding of AR and OTC cash flow (R).
• MS Excel (lookups, filters, pivots basic) (R).
• Exposure to SAP/major ERP and bank portals (P).
• Ability to read bank statements and remittance advices (R).

Soft Skills

• English (written/spoken) at working proficiency (R).
• High attention to detail, numerical accuracy (R).
• Good organization, time management, ability to meet daily cut‑offs (R).
• Teamwork, willingness to learn, positive and proactive attitude (R).
• Flexibility to support shift coverage when needed (P).

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Versigent is an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, sex, gender identity, sexual orientation, disability status, protected veteran status or any other characteristic protected by law.

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