Accounting specialist
- Recruiter
- GP Strategies
- Location
- Chennai, India
- Salary
- Competitive salary
- Posted
- 24 Sep 2020
- Closes
- 29 Sep 2020
- Ref
- 2000579
- Job role
- Accountant
Accountingspecialist - Cash Receipt applications Responsibilities:
• Cash Receipts
o Apply Cash Receipts daily in ERP(Oracle) for the Americas region
o Upload Bank Receivable files into ERP(Oracle) daily.
o Monitor emails all day in the AR Inbox and forward remittance emailsdaily to bank for receipt matching.
o Monitor AR Inquiry email box and respond to Financial Analyst ( FA orProject Finance Analysts) inquiries daily.
o Send weekly FA inquiry followups/escalation, and status emails.
o Review/apply exceptions daily that didnot load into Bank Receivables Manager.
o Ensure accuracy and completeness offinal cash receipt figure entered into ERP (Oracle) ties back to daily bankreports .
o Communicate daily with Finance departmentregarding any receipts that could not be applied to an invoice.
o Manage unapplied:
§ Assistto keep total unapplied cash to a minimum.
§ Reapplycash receipt originally applied to "unapplied" or "unassigned" against invoicesas directed by FA's.
§ Revieweach day the AR Aging Weekly Status Reporton SharePoint and clear unapplied or send escalation emails.
§ Sendmonthly report to Finance regarding unapplied.
o Send out the daily email distribution of cashreceipts reports (include the total cash receipts processed), and the unappliedcash report.
o Access bank accounts daily to view allcash transactions, and prior day reports.
o Credit card transactions
§ Processcredit card transactions as requested through emails in CyberSource. Apply cash receipt accordingly each day inERP (Oracle).
§ ProcessP-cards first week of month, or periodicthroughout the month).
o Enter Cash Book forms and Cashtransfers into ERP (Oracle).
o Each month complete all of the cashapplication close processes.
o Post all prior day bank transactions onthe last day of each month.
o Post end of month "current day" cashactivity prior to the end of day on Day0 (last day of the month).
o Compete all accruals and corrections byDay 2 of month end close.
o Save daily cash reports to theSharePoint site
• Other duties as assigned
• Cash Receipts
o Apply Cash Receipts daily in ERP(Oracle) for the Americas region
o Upload Bank Receivable files into ERP(Oracle) daily.
o Monitor emails all day in the AR Inbox and forward remittance emailsdaily to bank for receipt matching.
o Monitor AR Inquiry email box and respond to Financial Analyst ( FA orProject Finance Analysts) inquiries daily.
o Send weekly FA inquiry followups/escalation, and status emails.
o Review/apply exceptions daily that didnot load into Bank Receivables Manager.
o Ensure accuracy and completeness offinal cash receipt figure entered into ERP (Oracle) ties back to daily bankreports .
o Communicate daily with Finance departmentregarding any receipts that could not be applied to an invoice.
o Manage unapplied:
§ Assistto keep total unapplied cash to a minimum.
§ Reapplycash receipt originally applied to "unapplied" or "unassigned" against invoicesas directed by FA's.
§ Revieweach day the AR Aging Weekly Status Reporton SharePoint and clear unapplied or send escalation emails.
§ Sendmonthly report to Finance regarding unapplied.
o Send out the daily email distribution of cashreceipts reports (include the total cash receipts processed), and the unappliedcash report.
o Access bank accounts daily to view allcash transactions, and prior day reports.
o Credit card transactions
§ Processcredit card transactions as requested through emails in CyberSource. Apply cash receipt accordingly each day inERP (Oracle).
§ ProcessP-cards first week of month, or periodicthroughout the month).
o Enter Cash Book forms and Cashtransfers into ERP (Oracle).
o Each month complete all of the cashapplication close processes.
o Post all prior day bank transactions onthe last day of each month.
o Post end of month "current day" cashactivity prior to the end of day on Day0 (last day of the month).
o Compete all accruals and corrections byDay 2 of month end close.
o Save daily cash reports to theSharePoint site
• Other duties as assigned