AR Cash Application Specialist
HyderabadFull-time2–4 yrsPosted 4 days ago
Mid-level accounts role at Parexel International India safety services in Hyderabad. Needs 2–4 years and a B.Com, CA or CMA.
About the role
We are seeking an Accounts Receivable (AR) Cash Application Specialist to join our team in Hyderabad in a hybrid capacity. As an AR Cash Application Specialist, you will support the accuracy and timeliness of Parexel's financial operations by ensuring customer receipts are correctly identified, applied, and resolved in Oracle.
What you'll do
- Perform daily AR cash application by reviewing bank receipts and remittance information, identifying customer payments
- Clear unapplied and unidentified cash promptly, escalating missing or unclear remittance details for resolution
- Support monthly reconciliation of assigned bank accounts, Cash in Transit (CIT), Cash, and Petty Cash accounts, and investigate cash application-related differences
- Complete daily cash application and reconciliation activities within month-end close deadlines
- Monitor unapplied, unidentified, and on-account cash and aged items, coordinating with AR, Collections, Treasury, GL
What you need
- Reconciliation
- Accounts receivable
- Accounting
- Excel
- Treasury
- Collections
Good to have
- Month-end close
- General ledger