Senior Finance and Accounting Associate - Cash Application

Finance & Accounting Sr Associate Cash App Job brief We are looking for a competent Cash Application Specialist to ensure accurate records of cash-received into the Business from clients is maintained. To ensure an accurate and up-to-date AR picture is available, to assist the Collections team in driving down debt. To liaise with the other AR sub-teams, to ensure a smooth process of communication on client payments and any issues arising. Minimum Experience, Education and Certification Graduation in Commerce, MBA - Finance or equivalent combination of education in finance domain Requires 1-3 years relevant experience Technical Skills Responsible for accounting analysis, reports, and projects Reviews journal entries and prepares account reconciliations including supporting documentation to ensure accurate reporting Provides suggestions for improving processes performed within the team Soft Skills Solid knowledge of relevant accounting principles (i.e. GAAP) Good data analysis skills Knowledge of systems and automation tools (including Excel and Word, etc.) Problem resolving skills and should be a team player Job Responsibilities Liaise with the collections team, to ensure unidentified receipts are worked on each day and kept at an absolute minimum Assist in forensic analysis of aged items and on-account payments to ensure open items are identified and closed out Able to analyse variance in customer ledger posting & bank discrepancies Timely review of audit queries and process overview sessions with auditors To undertake ad hoc and other duties as required by the Shared Services team Should have exposure to risk assessment and booking Reserve for Doubtful Debts/Write off/Adjustment entries Day to day processing/review/quality check of cash received to appropriate clients and invoices Expertise in Month end close activities and Sub Ledger Vs. GL Reconciliations Good knowledge of MS Word and MS Excel Physical Requirements/ Working Conditions Ability to physically perform general office requirements Must be able to perform essential responsibilities with or without reasonable accommodations Experience Level Senior Level