Finance Administrator/Executive

Overview

The Finance Administrator/Executive role handles daily cash application, payment tracking, credit memo processing, customer follow-up and cash-related reporting.

What you'll do

• Record cash remittance details from the sales force in a high-volume environment.
• Apply ACH/WIRE payments every day with 100% accuracy.
• Track unapplied payments and short payments for ACH/WIRE payments.
• Apply lockbox payments every day with 100% accuracy.
• Track unapplied payments and short payments for lockbox payments.
• Process credit memos for bank fees, small balance write-offs, foreign withholding tax, Target beeline fees and tax credits.
• Follow up with customers or the project management team for remittance details to clear unapplied cash.
• Follow up with customers regarding short payments.
• Update unapplied payments, short payments and credit memos in the tracker every day.
• Update the sales log whenever a credit memo or invoice to set off a credit memo is processed.
• Prepare the payment summary file every month.
• Prepare cash-related reports and slides for monthly review.

Details

• Location: Bangalore.