MT - Cash Apps
- Genpact
- 4 - 6 years
- Hyderabad
- 9 days ago
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Job Description
Ready to shape the future of work?
At Genpact, we dont just adapt to changewe drive it. AI and digital innovation are redefining industries, and were leading the charge. Genpacts AI Gigafactory, our industry-first accelerator, is an example of how were scaling advanced technology solutions to help global enterprises work smarter, grow faster, and transform at scale. From large-scale models to agentic AI, our breakthrough solutions tackle companies most complex challenges.
If you thrive in a fast-moving, tech-driven environment, love solving real-world problems, and want to be part of a team thats shaping the future, this is your moment.
Genpact (NYSE: G) is anadvanced technology services and solutions company that deliverslastingvalue for leading enterprisesglobally.Through ourdeep business knowledge, operational excellence, and cutting-edge solutions we help companies across industries get ahead and stay ahead.Powered by curiosity, courage, and innovation,our teamsimplementdata, technology, and AItocreate tomorrow, today.
Inviting applications for the role of Management Trainee, Accounts Receivables Cash Applications
In this role, Cash Application Management Trainee whos responsible for posting payments from the lockbox, ACH, and wire transfer to customer accounts. Also reducing un-applied cash receipts on aged accounts receivable.
Responsibilities
Must have a strong understanding of Accounts Receivables process
Post daily receipts (wires/ACH/checks) and credit/debit memos on a timely basis in order to ensure accurate maintenance of accounts receivable balances
Contact collections and business partners to obtain remittance details
Research and resolve misapplied and unidentified cash receipts in ERP
Identify and manually tag all customer remit discrepancies and short payments.
Undertake tasks as requested by the Team Leader that may involve testing and process improvement.
Assist in streamlining and improving the accounts receivable process by identifying areas of improvement
Maintain, prepare and distribute daily and monthly reporting to Supervisor, and other stakeholders
Meet the monthly productivity goals
Identify and reconcile payment differences, post short/over payments, deductions on account and partial payments and appropriately code all reconciling transactions
Utilize shared mailboxes and customer web portals to identify, retrieve and organize remittance details.
Additional Responsibilities
Must have a strong understanding of Accounts Receivables process with Quality team on performing process Audits as per the agreed sample size and agreed frequency
Act as a Subject Matter Expert/mentor/buddy and provide guidance/ support to the other team members
Keep the SOP documentation updated as per the identified changes in the process and submit for regular review and approval
Review /update Root Cause Analysis (RCA) provided by the accountant and work with Client-SMEs in formalizing the resolutions and bringing the preventive control to ensure same error is not repeated
Identify anomalies, gaps in the process and explore potential opportunities for process improvement
Qualifications we seek in you!
Minimum Qualifications
Degree in Finance/Accounting/Business management or other related areas
Experience in Accounts Receivables Process
Strong detail-orientation with a penchant for data accuracy
Ability to research, interpret and reconcile data
Strong communication skills, both written and verbal
Good interpersonal skills and team player
Ability to take initiatives, meet tight deadlines and prioritize workload
Proficient in Microsoft Excel
Worked in an international environment.
Critical thinking skills with an ability to analyze data, and an eye for details.
Comfortable to work with US based clients, US shift hours and 100% Work from Office
Preferred Qualifications/ Skills
Working with Microsoft Oracle is preferred
Knowledge of Microsoft Excel at an advanced level, including pivot tables, macros, index/match, VLOOKUP, VBA, data links, etc. will be an added advantage
Why join Genpact?
Be a transformation leader Work at the cutting edge of AI, automation, and digital innovation
Make an impact Drive change for global enterprises and solve business challenges that matter
Accelerate your career Get hands-on experience, mentorship, and continuous learning opportunities
Work with the best Join 140,000+ bold thinkers and problem-solvers who push boundaries every day
Thrive in a values-driven culture Our courage, curiosity, and incisiveness - built on a foundation of integrity and inclusion - allow your ideas to fuel progress
Come join the tech shapers and growth makers at Genpact and take your career in the only direction that matters: Up.
Lets build tomorrow together. 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.
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: Finance & Accounting - OtherRole: Finance & Accounting - OtherEmployement Type: Full timeContact Details:
Company: GenpactLocation(s): Hyderabad
Keyskills: tds gst vlookup accounting microsoft writing pivot debit cash communication skills accounts receivable process erp orientation oracle business management mt training management gts verbal communication pivot table receivable cash applications reconciliation excel finance
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