Associate

Essential Duties and Responsibilities
Works in ERP system environment to apply customer payments via SAP lockbox post-process
On an ongoing basis and in a timely manner, accurately applies cash collections to the customer's account using appropriate accounting and business management software
Post ACH, wire transfer to appropriate GL cash accounts
Transfer the daily lockbox files from bank websites to the appropriate network folders for automated payment application or rejection
Perform timely and accurate application of daily receipts and reconcile cash balance to general ledger account
Work with Corporate Treasury for reporting cash other than client payments
Resolve cash application issues presented by internal sources such as customer service and collections and communicate resolution to requestor
Perform quality assurance and compliance in AR related activities
Audit requirements and providing data to auditors on AR and collection
Resolving Audit Queries raised by both Internal and external auditors
Processing Customer payment Refunds after taking requisite approvals
Report Cash collection to management
Updates receivables by totaling unpaid invoices.
Good accounting knowledge to manage transactions recorded in sub-ledger and perform reconciliations between Subledger and GL.
This position will not include supervising employees where applicable

Skills:
Proficiency with Microsoft products, including Word, Excel, Outlook & Power Point
Working knowledge of financial reporting
SAP Knowledge will be an added advantage

Education and/or Experience
Graduate or master's degree in Finance Stream
3-5 years of hands-on accounting experience in Order to Cash