Accounts Receivable Executive

Key Responsibilities

• Post all cash receipts including ACH, Checks, Wire Transfers, and Credit Cards accurately and timely in SAP and HighRadius Cash Application.
• Download, review, and reconcile daily bank statements from online banking portals for cash posting.
• Ensure 100% lockbox payments are applied by end of day in line with SLA requirements
• Process cash-related journal entries, adjustments, write-offs, and refunds as per approved policies.
• Perform extensive research and analysis to resolve unapplied and unidentified cash receipts.
• Handle monthly application and reconciliation of unapplied and unidentified cash balances.
• Collaborate with AR, Collections, Billing, and Treasury teams to resolve complex cash issues.
• Maintain comprehensive documentation of cash application processes, SOPs, and guidelines.
• Ensure compliance with internal controls, SOX requirements, and audit standards.
• Support month end close activities related to cash posting and reconciliations.
• Act as a Senior/Lead associate, mentoring and supporting junior team members.
• Participate in team meetings and contribute to knowledge sharing.
• Actively identify and propose process improvement ideas, focusing on automation, efficiency, accuracy, and turnaround time.
• Support system enhancements, transitions, and UAT activities related to cash application tools.

Required Skills & Competencies

• Strong experience in AR Cash Application.
• Hands on working knowledge of SAP and High Radius Cash App.
• In depth understanding of US payment methods: ACH, Checks, Wire Transfers, and Credit Cards.
• Strong problem solving and analytical skills.
• Ability to perform effectively under pressure in a fast paced environment.
• High learning agility and adaptability.
• Effective communication and stakeholder management skills.

Educational Qualification

• Bachelors degree in commerce, Accounting, Finance, Business Administration, or a related field (mandatory).

Work Requirements

• US shifts / Night shifts – mandatory
• Flexibility to support peak volumes and month end close
• 2-3 years of experience in cash application/Accounts receivable

Qualifications

Bachelor’s degree

Additional information

• Night shifts – mandatory
• Strong experience in AR Cash Application.
• Hands on working knowledge of SAP and High Radius Cash App.