OTC Cash Application & Reconciliation Specialist

Xerox Philippines

Lapu-Lapu

On-site

PHP 279,000 - 446,000

Full time

4 days ago

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Job summary

Xerox Holdings Corporation is seeking an OTC Cash Application Specialist to oversee cash application, payment allocation, and bank reconciliations. The role supports accurate financial reporting and customer satisfaction through precise processing of payments and timely issue resolution.

Key responsibilities include month-end close support, SOX compliance, and driving process improvements within the cash application function.

Qualifications

Bachelor's Degree in Accounting, Management Accounting, Finance, or related field.
Minimum 3 years of Order-to-Cash, Cash Application, Accounts Receivable, or Finance experience preferred.
Strong Accounting and Finance background required.

Responsibilities

Process and allocate customer payments including lockboxes, wire transfers, ACH payments, and credit card transactions.
Perform cash matching and allocation based on remittance advice.
Manage customer account reconciliations and payment investigations.
Maintain and reconcile cash suspense accounts.
Coordinate with banks regarding payment identification and issues.
Resolve payment allocation inquiries through research and reconciliation.
Support intercompany payment transfers and adjustments.
Participate in month-end closing and reporting activities.
Ensure compliance with SOX controls and internal policies.
Identify and support continuous process improvement initiatives.
Meet SLA targets and performance expectations.