Sr. FinOps Analyst - AR, Cash Apps

Amazon; Hyderabad; On-site; INR 600,000 - 900,000; Full time

Job summary

Amazon in Hyderabad, India, is seeking a Cash Application Analyst to post payments from lockbox, ACH, and wires to customer accounts, and to handle cash application and AR reconciliation.

You will research unidentified funds, coordinate with internal teams, and deliver accurate remittance details, discrepancies, and monthly reporting to management.

A Bachelor's degree in accounting or commerce, advanced Excel skills, and proficiency with Microsoft Office applications are preferred.

Qualifications

• Bachelor's degree in accounting and commerce (B. Com).
• Advanced Excel skills required.
• Experience with Microsoft Office products and applications.

Responsibilities

• Post daily receipts (wires/ACH/checks) and credit/debit memos on a timely basis in order to ensure accurate maintenance of accounts receivable balances
• Contact customer, collections and business partners to obtain remittance details
• Research and resolve misapplied and unidentified cash receipts in ERP
• Identify and manually tag all customer remit discrepancies and short payments
• Undertake tasks as requested by the Team Leader that may involve testing and process improvement
• Assist in streamlining and improving the accounts receivable process by identifying areas of improvement
• Maintain, prepare and distribute daily and monthly reporting to Supervisor, and other stakeholders
• Meet the monthly productivity goals
• Identify and reconcile payment differences, post short/over payments, deductions on account and partial payments and appropriately code all reconciling transactions
• Utilize shared mailboxes and customer web portals to identify, retrieve and organize remittance details

Education

Bachelor's degree in accounting and commerce (B. Com)

Tools

Excel (Advanced)

Microsoft Office

Job description

Job ID: 10523639 | ADCI HYD 13 SEZ - H84

GAR (Global Accts Rec) is looking for Cash Application Analyst responsible for posting payments from the lockbox, ACH, and wire transfer to customer accounts. This role includes cash application and reconciling payments, communicating cash adjustments, and reducing un-applied cash receipts on aged accounts receivable. This position also requires research on missing, unidentified and rejected funds and collaborating with various internal departments to apply payments timely and accurately. Successful candidate is expected to analyze reports and reconciles large amounts of data with the ability to communicate results to management.

Key job responsibilities

• Understanding of Accounts Receivables process
• Post daily receipts (wires/ACH/checks) and credit/debit memos on a timely basis in order to ensure accurate maintenance of accounts receivable balances
• Contact customer, collections and business partners to obtain remittance details
• Research and resolve misapplied and unidentified cash receipts in ERP
• Identify and manually tag all customer remit discrepancies and short payments.
• Undertake tasks as requested by the Team Leader that may involve testing and process improvement.
• Assist in streamlining and improving the accounts receivable process by identifying areas of improvement
• Maintain, prepare and distribute daily and monthly reporting to Supervisor, and other stakeholders
• Meet the monthly productivity goals
• Identify and reconcile payment differences, post short/over payments, deductions on account and partial payments and appropriately code all reconciling transactions
• Utilize shared mailboxes and customer web portals to identify, retrieve and organize remittance details

Basic Qualifications

- Bachelor's degree in accounting and commerce (B. Com)
- Knowledge of Excel at an advanced level
- Experience with Microsoft Office products and applications

Preferred Qualifications

- 3+ years of finance operations/shared services, accounts payable, account receivable (collections) or general ledger experience

Our inclusive culture empowers Amazonians to deliver the best results for our customers. If you have a disability and need a workplace accommodation or adjustment during the application and hiring process, including support for the interview or onboarding process, please visit https://amazon.jobs/content/en/how-we-hire/accommodations for more information. If the country/region you’re applying in isn’t listed, please contact your Recruiting Partner.

Amazon is an equal opportunity employer and does not discriminate on the basis of protected veteran status, disability, or other legally protected status.