Senior Executive (Oder-Cash Application Specialist) Gurugram

TP; Gurugram District; On-site; INR 300,000 - 600,000; Full time

Job summary

TP in Gurugram, India, is seeking a Cash Application Specialist to post daily customer payments, match them to open invoices, and help maintain accurate accounts receivable records within the ERP system.

The role encompasses reconciling bank deposits, investigating short or misapplied payments, and collaborating with Customer Service, Sales, Collections and Treasury to resolve discrepancies and ensure SOX-compliant reporting.

Qualifications

• Education: Bachelor’s degree in Commerce, Finance, Accounting, or related field.
• Experience: 1 to 5+ years in Accounts Receivable (AR), O2C, or general accounting.
• Technical Skills: Proficiency in ERP platforms (SAP, Oracle, NetSuite) and strong Excel (VLOOKUPs, pivot tables).
• Core Competencies: High attention to detail, numerical/analytical skills, problem-solving, and clear communication.

Responsibilities

• Post daily customer payments via checks, ACH, wire, EFT, and credit cards.
• Reconcile payments to open invoices using remittance advice and ERP systems.
• Investigate and resolve short/overpayments, duplicated or unapplied cash.
• Match daily bank deposits with ledger entries and assist month/quarter-end closing.
• Collaborate with Customer Service, Sales, Collections, and Treasury to clear accounts and respond to inquiries.
• Generate daily/monthly cash receipts reports and ensure compliance with internal controls and regulations (SOX).

Skills

Attention to detail

Numerical skills

Communication skills

Problem-solving

Education

Bachelor's degree in Commerce/Finance/Accounting

Tools

SAP

Oracle

NetSuite

Excel

Job description

CASH APPLICATION

A Cash Application Specialist (or Clerk/Analyst) matches incoming customer payments to open invoices in an organization's accounting or ERP system to track revenue and maintain accurate accounts receivable (AR).

Core Responsibilities

• Payment Processing: Post daily customer payments received via checks, ACH, wire transfers, electronic funds transfers (EFT), and credit cards.
• Invoice Matching: Reconcile incoming funds against open customer accounts using remittance advice and ERP systems (such as SAP, QuickBooks, or Cerner).
• Discrepancy Resolution: Investigate and resolve short payments, overpayments, duplicate payments, and unapplied or unidentified cash.
• Bank & Account Reconciliation: Match daily bank deposits with ledger entries and support month-end or quarter-end closing activities.
• Cross-Functional Collaboration: Partner with Customer Service, Sales, Collections, and Treasury teams to clear accounts and answer payment inquiries.
• Reporting & Compliance: Generate daily/monthly cash receipts reports and ensure compliance with internal controls and financial regulations (e.g., SOX).

Key Requirements & Qualifications

• Education: Bachelors, degree in Commerce, Finance, Accounting, or a related field.
• Experience: 1 to 5+ years in Accounts Receivable (AR), Order-to-Cash (O2C), or general accounting (often within shared service centers).
• Technical Skills: Proficiency in ERP platforms (SAP, Oracle, NetSuite) and strong command of Microsoft Excel (VLOOKUPs, pivot tables). Preferred candidates who have experience working with US /UK geography.
• Core Competencies: High attention to detail, strong numerical/analytical skills, problem-solving ability, and clear communication skills