ByJob Title: Cash Applications Associate
Location: Hyderabad, Telangana, India
Category: Accounting / Finance Careers
Job Type: Full time Hybrid
About the Role:
As a Cash Applications Associate, you will play a crucial role in our finance operations, ensuring accurate application of cash to open invoices, handling unapplied and unidentified cash, and resolving cash application queries. Your responsibilities will include daily cash and bank reconciliation, collaborating with stakeholders and customers to enhance their experience, and contributing to process improvements.
Key Responsibilities:
- Download bank statements and reconcile cash transactions.
- Apply cash to open invoices based on remittance advice and logical matching criteria.
- Address unapplied cash and unidentified cash, investigating and resolving discrepancies.
- Manage cash application queries from internal and external stakeholders.
- Perform daily cash and bank reconciliations to ensure accuracy.
- Collaborate with stakeholders and customers to resolve issues and enhance customer experience.
- Take on additional responsibilities as assigned by senior management, demonstrating adaptability and willingness to learn.
- Utilize strong analytical and problem-solving skills to identify root causes and implement process improvements.
- Maintain exceptional organizational and communication skills to facilitate smooth operations.
Requirements:
- Bachelor’s or Master’s degree in Accounting or related field.
- 0 to 1 years of experience in Accounting/Customer to Cash operations.
- Experience in Accounts Receivables within a multi-company, multi-currency environment.
- Proficiency in MS Office and ERP systems, with knowledge of applicable AR systems.
- Strong written and verbal communication skills.
- Exposure to change management processes.
- Excellent analytical and problem-solving abilities with attention to detail.
- Ability to adapt to a hybrid work model and take advantage of flexible work arrangements.
What We Offer:
- Hybrid work model promoting flexibility and work-life balance.
- Comprehensive benefit plans including mental health support, wellness programs, and retirement savings.
- Globally recognized culture of equality, diversity, and inclusion.
- Opportunities for learning and development through internal resources and networking platforms.
- Social impact initiatives and volunteer opportunities.
- Purpose-driven work focused on upholding justice, truth, and transparency.
About Us:
Thomson Reuters has been a leading provider of specialized software, tools, and global news services for nearly 160 years. With a diverse workforce spanning over 70 countries, we are committed to fostering an inclusive environment where every employee can contribute and grow professionally. Our mission is to help professionals in legal, tax, accounting, and compliance sectors perform their jobs better, contributing to the advancement of society.
Accessibility:
Thomson Reuters is an Equal Employment Opportunity/Affirmative Action Employer, promoting diversity and inclusion in all operations worldwide. We provide reasonable accommodations for individuals with disabilities and sincerely held religious beliefs in accordance with applicable law.
