OTC Cash Application Specialist

Xerox Corporation; Cebu City; On-site; PHP 380,000 - 520,000; Full time

Job summary

Xerox Corporation Philippines in Cebu City is seeking an OTC Cash Application Specialist to ensure accurate cash application, match payments, and reconcile accounts. You will support timely financial close and work with banks on remittance issues.

The role requires a Bachelor's degree in Accounting/Finance and at least 3 years in Order-to-Cash or related finance work; strong Excel and English communication are essential, with emphasis on SOX compliance and process improvements.

Qualifications

• Bachelor's degree in Accounting or related field.
• Minimum 3 years of Order-to-Cash, Cash Application, Accounts Receivable, or Finance experience.
• Strong knowledge of SOX controls.
• Proficiency with MS Excel.

Responsibilities

• Process and allocate customer payments via lockboxes, wires, ACH, and card transactions.
• Perform cash matching and allocation based on remittance advice.
• Manage customer account reconciliations and payment investigations.
• Coordinate with banks on payment identification and issues.
• Support month-end closing and intercompany payments.
• Ensure SOX compliance and internal control adherence.
• Identify process improvements and automation opportunities.
• Meet SLA targets and performance metrics.

Skills

Cash application

English comms

Analytical skills

Customer focus

Attention to detail

Independent & collaborative

Adaptability

MS Office

Accounting principles

Education

Bachelor's degree in Accounting/Finance

Tools

Oracle ERP

Job description

State/Province

Country

Philippines

Date

Tuesday, September 15, 2026

Working time

Full-time

Ref#

20041198

Job Level

Job Type

Experienced

Seniority Level

Associate

Description & Requirements

About Xerox Holdings Corporation
For more than 100 years, Xerox has continually redefined the workplace experience. Harnessing our leadership position in office and production print technology, we’ve expanded into software and services to sustainably power the hybrid workplace of today and tomorrow. Today, Xerox is continuing its legacy of innovation to deliver client-centric and digitally-driven technology solutions and meet the needs of today’s global, distributed workforce. From the office to industrial environments, our differentiated business and technology offerings and financial services are essential workplace technology solutions that drive success for our clients. At Xerox, we make work, work.Learn more about us at www.xerox.com .

Role Summary:

The OTC Cash Application Specialist is responsible for all aspects of cash application and cash matching activities, including allocation of customer payments, matching cash and credits based on remittance information, account reconciliation, and relationship management with banks and internal stakeholders. The role supports financial accuracy, operational efficiency, and customer satisfaction through timely and accurate processing of cash transactions.

Functional / Technical Competencies:

• Strong Cash Application and Payment Allocation experience
• Excellent verbal and written English communication
• Strong analytical and problem-solving skills
• Customer-focused mindset
• Attention to detail and accuracy
• Ability to work independently and collaboratively
• Adaptability to changing business priorities
• Proficiency in Microsoft Excel, Word, and Outlook
• Knowledge of Accounting and Finance principles

Key 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.

Key Outputs / Tangible Results:

• Accurate and timely application of customer payments
• Timely resolution of payment discrepancies
• Accurate account reconciliations
• Successful month-end close support
• Compliance with audit and control requirements
• Achievement of operational KPIs and SLA targets

Organizational Strategies & Objectives:

• Support operational efficiency and financial accuracy
• Improve customer satisfaction through effective cash application
• Ensure compliance with corporate and SOX requirements
• Drive process improvements and automation opportunities
• Contribute to business continuity and successful financial operations
• Bachelor's Degree in Accounting, Management Accounting, Finance, Business Administration, or related field
• Minimum 3 years of Order-to-Cash, Cash Application, Accounts Receivable, or Finance experience preferred
• Strong Accounting and Finance background required

Nice to Haves:

• Oracle ERP experience
• Shared Services background
• Related Finance or Accounting certifications