Cash Application Associate

TP Systems; Taguig; On-site; PHP 446,000 - 670,000; Full time

Job summary

TP Systems in Taguig, Philippines is seeking a Cash Application Specialist to accurately post and allocate customer payments, perform reconciliations, and resolve cash application exceptions within the Order-to-Cash framework.

You will collaborate with Credit, Billing, and Dispute Resolution, handle multiple payment channels (ACH, wires, lockbox, cards, checks), support month-end close, and uphold SOX controls. 1–4 years of experience preferred.

Qualifications

• Experience in Accounts Receivable and O2C workflows.
• Experience with ERP systems (SAP, Oracle ERP Cloud, NetSuite) preferred.
• Strong Excel skills (lookups, pivot tables, sumsifs).
• Experience with cash application automation tools is a plus.

Responsibilities

• Process and post customer remittances across ACH, wires, lockbox, cards and checks.
• Match remittances to invoices and ensure accurate ERP posting.
• Conduct bank-to-ledger reconciliations and manage unapplied cash.
• Support month-end close with audit-ready documentation and cash flow reporting.
• Maintain SOX compliance and meet SLAs.

Skills

Accounts Receivable

O2C workflows

ERP experience

Excel

Tools

SAP

Oracle ERP Cloud

NetSuite

HighRadius

BlackLine

Job description

Role Summary

The Cash Application Specialist is responsible for the accurate, timely posting and allocation of customer payments, conducting bank and account reconciliations, and resolving cash application exceptions. This role directly supports efficient cash flow operations, reduces unapplied cash balances, and safeguards ledger integrity within an enterprise Order-to-Cash (O2C) shared services framework.

Key Responsibilities

1. Payment Processing & Cash Allocation

Process, match, and post incoming customer remittances received through varied channels, including ACH, Wire transfers, Lockbox, credit cards, and checks.

Review remittance advices against open invoices to ensure precise, line-item matching and application in the ERP system.

Maintain daily receipt logs and ensure all incoming funds are cleared according to agreed-upon daily processing deadlines.

2. Exception Handling & Unapplied Cash Research

Conduct root-cause investigations for unidentified, unapplied, or misplaced receipts.

Research and record payment variances, including short payments, overpayments, deductions, and withholding taxes.

Collaborate cross-functionally with Credit, Collections, Billing, Dispute Resolution, and external clients to resolve open items and payment discrepancies.

3. Reconciliations & Month-End Close

Perform regular bank-to-ledger reconciliations and balance customer accounts receivable subledgers against general ledger entries.

Support month-end closing activities by providing clean audit trails, accrual details, and documentation for unapplied cash balances.

Generate and distribute weekly and monthly reporting schedules on open items, posting metrics, and cash flow trends.

4. Compliance & Operational Excellence

Maintain strict adherence to internal controls, SOX compliance guidelines, and organizational accounting policies.

Consistently meet or exceed established Service Level Agreements (SLAs), turnaround times, and quality benchmark metrics.

Required Skills & Qualifications

Technical Competencies

• Domain Knowledge: Strong practical understanding of Accounts Receivable (AR), Order-to-Cash (O2C) workflows, and end-to-end B2B cash allocation principles.
• ERP Experience: Proven hands-on experience using tier-1 ERP platforms such as SAP, Oracle ERP Cloud, NetSuite, or equivalent financial systems; familiarity with specialized cash application automation tools (e.g., HighRadius, BlackLine) is an advantage.
• Analytical & Spreadsheet Skills: Proficiency in Microsoft Office, particularly MS Excel (lookups, pivot tables, sumifs, and data reconciliation techniques).
• Exception Management: Proven track record in bank reconciliations, remittance parsing, and clearing aged unapplied cash.

Core Competencies & Professional Requirements

Communication Skills: Excellent written and verbal English communication skills for collaborating with US stakeholders, onshore partners, and corporate clients.

Detail Orientation: High level of numerical accuracy, speed, and analytical rigor in high-volume transaction environments.

Shift Flexibility: Must be willing and fully available to work fixed US business hours / night shifts.

Experience Level: 1–4 years of relevant experience in Accounts Receivable, Cash Applications, or Shared Services Finance operations.