Job Purpose
IntercontinentalExchange has an opportunity for an Accounts Receivable Cash Application Associate in Hyderabad, India.
Responsibilities
- Review bank statements, apply daily payments to customer accounts;
- Investigate out of balance deposits to determine appropriate distribution of payments;
- Analyze payment exceptions and liaise with customers and management to increase auto-application of payments;
- Handle monthly application for unapplied and unidentified cash receipts;
- Communicate via phone or email with the collectors and/or customer to research payments;
- Report and reconcile daily cash receipts to ensure all revenue has been received and applied;
- Notify management of issues or payment discrepancies;
- Maintain accurate and organized files of payments and cash reconciliations;
- Collaborate with AR Collectors to ensure cash is properly deposited on customer accounts.
Knowledge and Experience
- Associate or Bachelor's degree in Accounting or business-related field with at least 2 years of experience that is directly related to the duties and responsibilities specified.
- Oracle Revenue Management and Billing (ORMB) and High Radius Cash Application experience is a plus but not a requirement.
- The candidate must be detail oriented and possess strong organizational skills.
- Candidate must be able to handle confidential and sensitive information in a professional manner.
- Strong customer service, interpersonal and written/verbal communication skills are required.
- Must have the ability to analyze and solve problems, prioritize tasks and work independently.
- Ability to work in a fast-paced team environment and have the flexibility to handle high transaction volume.
- Proven experience adhering to daily, weekly and monthly transaction goals/targets is a must.
