Cash Application Specialist

Role & responsibilities

We are seeking a detail-oriented SAP Cash Application Specialist to join our finance team. In this role, you will be responsible for accurately processing and recording incoming customer payments, reconciling daily bank deposits, and resolving payment discrepancies. Your work will directly impact our cash flow accuracy and overall accounts receivable health.

Key Responsibilities

• Payment Processing: Post daily high-volume cash, check, wire, ACH, and credit card payments to customer accounts accurately.
• Invoice Matching: Analyze remittance advice to correctly match incoming funds against outstanding open invoices.
• Discrepancy Resolution: Investigate and resolve short payments, overpayments, deductions, and unapplied cash by partnering with customers and internal billing teams.
• Bank Reconciliation: Perform daily reconciliations ensuring total ledger deposits perfectly match bank statements.
• Reporting: Prepare weekly cash receipt summaries and highlight aging unapplied cash for management review

Qualifications & Skills

• Experience: 0304 years of proven experience in SAP FI-AP, SAP FI-AR, Bank Communication Management (BCM), Multi-Bank Connectivity (MBC), SAP Cash Application (intelligent/ML-based incoming payment matching), electronic bank statement (EBS) processing (FF.5/FF_5, FEBAN, FEBP), lockbox automation, and posting rules/search strings to maximize auto-clearing rates. SAP S/4 HANA experience in Cash management and Bank account management,
• Communication: Clear verbal and written communication skills for professional outreach to clients regarding payment details.

Education: Degree in Accounting, Finance.

Preferred candidate profile ----Immediate joiner, CTH role, interested candidate can send cv@9628677666

or email :

[email protected]