PD-Cash Apps
- Genpact
- 2 - 5 years
- Noida, Gurugram
- 5 months ago
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Job Description
Genpact (NYSE: G) is a global professional services and solutions firm delivering outcomes that shape the future. Our 125,000+ people across 30+ countries are driven by our innate curiosity, entrepreneurial agility, and desire to create lasting value for clients. Powered by our purpose the relentless pursuit of a world that works better for people we serve and transform leading enterprises, including the Fortune Global 500, with our deep business and industry knowledge, digital operations services, and expertise in data, technology, and AI.
Inviting applications for the role of OTC Cash Applications Process Developer.
This positions primary function is the accurate application of cash remittance either in paper, wire, or EFT (Electronic Funds Transmission) format to the customer receivable accounts. This representative will also audit the auto cash application process within the SAP. Accurate interpretation of remittance documentation and specific instructions to specific accounts is necessary to ensure the integrity of the Accounts receivable sub-ledger. The representative should be adaptable to change and willing to continue to pursue process improvements.
Responsibilities
Manage the cash application, relieving of receivables, and deduction creation of cash coming in through lock box and EFT with a target of 24 hours for both domestic and export customers.
Cash application and deduction creation for all manual, lock box and EFT receipts not automatically applied within 24 hours of receipt.
Audit cash application process on auto cash to ensure financial integrity of receivables (invoices closed, and deductions created).
Understand the negative impact to AMPS and data integrity issues if cash applied automatically is not audited. Also results in erroneous cash discounts and negative impact to cash flow.
Application of cash for business region
Identification of unknown cash receipts and accurate application to appropriate receivable.
Accountable for cash application compliance with Sarbanes Oxley.
Ongoing maintenance of A/R customer accounts continuously identifying and correcting items that require re-coding on auto cash or can be linked to available cash on account.
Clear understanding of SAP Account Receivables and basic accounting principles with an understanding of our impact on Customer Development/AMPS.
Ability to interpret customer documentation that can be vague at times and solve problems related to customer payments.
Application of checks remittance to customers accounts under tight deadlines. Remain current on the workload and redistribute assigned work if necessary.
Must be willing to work overtime during peak periods, month end, and year end.
Ability to deal with difficult internal and external customer situations requiring tact and professionalism
Ability to analyze and problem solve
Accurate interpretation of vague remittance documentation
Ability to deal with system issues and missing bank files
Time management ensuring all time targets met
Identify process improvements to improve customer behavior, cash processes, and auto cash match. Share knowledge gained with Team Lead and Team.
Qualifications we seek in you!
Minimum Qualifications / Skills
Bachelor or Graduate degree
Relevant years of experience in Order to Cash
Strong analytical and problem-solving skills
Excellent customer service and communication skills
Must be self-reliant, resourceful, and proactive in approaching tasks.
Strong analytical skills and ability to work with complex data.
Excellent attention to detail and problem-solving abilities
Preferred Qualifications/ Skills
Exposure to (SAP / Oracle / Salesforce / TPM)
o Experience in Trade or Non-Trade deductions for Trade Management, OR
o Order Entry or Fulfilment experience for Order Management, OR
o Contract review & Entry experience for Contract Management, OR
Knowledge of all Order-to-cash processes in the CPG or retail industry.
Proficient in Microsoft Office - Excel, PowerPoint, and Word Strong communication skills
Ability to complete multiple duties with accuracy shifting from one to another with frequent interruptions and competing deadlines.
Strong interpersonal skills, with the ability to work in a team environment.
Ability to multi-task and prioritize items with specific time constraints.
Client-focused mindset with proven ability to respond quickly to internal and external client requests.
Genpact is an Equal Opportunity Employer and considers applicants for all positions without regard to race, color, religion or belief, sex, age, national origin, citizenship status, marital status, military/veteran status, genetic information, sexual orientation, gender identity, physical or mental disability or any other characteristic protected by applicable laws. Genpact is committed to creating a dynamic work environment that values respect and integrity, customer focus, and innovation. Get to know us at genpact.com and on LinkedIn, X, YouTube, and Facebook.
Furthermore, please do note that Genpact does not charge fees to process job applications and applicants are not required to pay to participate in our hiring process in any other way. Examples of such scams include purchasing a 'starter kit,' paying to apply, or purchasing equipment or training.
Job Classification
Industry: Analytics / KPO / ResearchFunctional Area / Department: Finance & AccountingRole Category: Accounting & TaxationRole: Accountant / Accounts ExecutiveEmployement Type: Full timeContact Details:
Company: GenpactLocation(s): Noida, Gurugram
Keyskills: accounts receivable sap oracle analytical customer service strong analytical skills interpersonal skills cash applications excel tpm salesforce strong interpersonal skills strong communication skills word cash powerpoint ms office communication skills
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