OTC Analyst (Cash Application)

Insight Advisors Pvt Ltd; India; On-site; INR 400,000 - 600,000; Full time

Job summary

Insight Advisors Pvt Ltd in Pune is seeking an OTC Analyst (Cash Application) responsible for applying customer payments accurately and resolving discrepancies. Candidates should have over 2 years of experience in finance, preferably with a Bachelor's or Master's degree, and relevant ERP skills. The position requires excellent analytical skills and the ability to work in shifts. Join a dynamic team dedicated to maintaining clean accounts receivable balances and supporting effective cash flow management.

Qualifications

• Bachelor's/Master's degree is preferred.
• More than 2 years of experience in finance is required.
• Familiarity with the Order to Cash process.

Responsibilities

• Apply customer payments accurately to customer accounts.
• Resolve unapplied and misapplied cash.
• Research payment discrepancies.
• Coordinate with other teams to resolve cash application issues.
• Post cash receipts in ERP systems.
• Maintain proper documentation for cash postings.
• Perform reconciliations of cash receipts and AR.
• Ensure compliance with internal controls and policies.
• Support audit requests related to cash application.

Skills

Analytical understanding of accounts receivable

Good business English

Excel skills

IT/ERP skills

Customer focus

Time management

Decision-making skills

Critical thinking

Team player

Education

Bachelor's or Master's degree in Finance

ACCA

Tools

Oracle

SAP ECC

SAP S4HANA

Job description

Designation: OTC Analyst (cash application)

Location: Pune

Qualification: ACCA/ Bachelor's/ Master's

Years of experience: 2+ Years

Job Summary:

The Cash Application Associate Analyst is responsible for accurately applying customer payments to open invoices, resolving discrepancies, and ensuring timely and correct posting of cash receipts in the accounting system. The role is critical to maintaining clean accounts receivable balances and supporting strong cash flow management. Coordinating and calling customers on wrong pocket transfers.

Job Responsibilities:

• Apply customer payments (checks, ACH, wires, lockbox, and other electronic payments) accurately and in a timely manner to customer accounts.
• Identify and resolve unapplied, unidentified, or misapplied cash.
• Research payment discrepancies such as short payments, overpayments, deductions, and duplicate payments. And coordinating with customers
• Coordinate with Collections, AR, Credit, Billing, and Treasury teams to resolve cash application issues.
• Post and adjust cash receipts in ERP systems (e.g., Oracle/ SAP ECC / SAP S4HANA).
• Maintain proper documentation and audit trails for cash postings.
• Perform daily, weekly, and month‑end reconciliations of cash receipts and AR.
• Ensure compliance with internal controls, SOX requirements, and company policies.
• Support internal and external audit requests related to cash application.
• Okay to work in 12.30 PM to 09.30 PM shift or 02.30 PM to 11.30 PM shift

Qualifications:

• Bachelors/Masters Preferred

Years and area of experience required:

• More than 2 years of experience, ACCA/ bachelors/master's preferably in finance.

Technical knowledge:

• Possess a good analytical understanding of accounts receivable and credit and collection - or willingness & ability to learn this. Understanding of the Order to Cash process. Good business English (the working language of this position). Excel & IT / ERP skills. Proven ability to work with multiple and sometimes complex processes.

Soft skills:

• Can manage own time / priorities / multiple tasks under pressure.
• Good decision-making skills and knowing when to elevate at the correct times.
• Record in achieving and exceeding goals/targets essential.
• Good critical & strategic thinking skills. Proven customer focus and service delivery.
• Quality communication skills: ability to write accurate, clear, concise bullet points covering key issues.
• Strong team player / happy with hard but interesting & varied (& career-building) work!