Sr. Executive - Cash Applications- OTC position at NEC Software Solutions UK.| India

_{2026-03-24T11:30:43.717Z} bot

NEC Software Solutions UK Sr. Executive - Cash Applications- OTC

Experience: General

Pattern: Full-time

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Navi Mumbai, M..........India

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Job DescriptionExperience- 4- 6 yrsWorking Hours: 8.5 hours/day (Singapore Shift) Role Requirements:This position currently requires Work from Home during Singapore Shift as per project needs.The candidate must be flexible to travel based on business requirements during this period.There may be a prepone in shift timing, which will be reviewed post-transition.Following the transition, the role will shift to a Hybrid Work from Office model, in alignment with company guidelines.Role Summary: Responsible for applying incoming customer payments to the correct invoices using ERP systems, ensuring financial records are up-to-date and reducing unapplied cash.Manages discrepancies such as short payments, unidentified funds, and remittance mismatches, while reconciling customer accounts and supporting audit and compliance requirements.Essential: Strong knowledge of Cash applicationsWorking knowledge of SAP Finance moduleExperience in shared services/customer facing environmentUnderstanding of standard operating proceduresKnowledge of system, applications, operating tools, metrics and excelGood communication skills, plus good verbal & written presentation skillsGood understanding of AR Cycle and credit Management processFlexibility to work within a high growth, rapidly changing environmentAbility to self-motivate and initiate changeAbility to work with colleagues at all levelsCash Application Responsibilities Accurately apply customer payments to invoices using ERP system.Retrieve and interpret remittance information from various sources (email, portals, bank files)Investigate and resolve unapplied or unidentified paymentsAnalyze short payments and coordinate with collections or customer service for resolutionReconcile bank statements with customer accounts to ensure accuracyUpdate customer records with payment details, adjustments, and correctionsGenerate daily/weekly/monthly reports on cash application performance and exceptions.Ensure adherence to internal controls and audit requirements.Support automation initiatives and suggest improvements to enhance efficiencyInvestigate discrepancies and escalate unresolved issues to management or relevant departments.Apply payments received in different currencies accuratelyEnsure all payments are posted before closing deadlines and Support finance teams with reconciliations and reporting.Provide documentation and data for internal and external audits.Track and report on service level agreements and performance indicatorsDrive improvements based on trends and gapsEvaluate the creditworthiness of new and existing customers.Analyze financial statements, credit scores, payment history, and market conditions.Set appropriate credit limits and terms to minimize risk.Continuously monitor customer accounts for overdue payments or changes in financial health.Adjust credit limits or terms based on performance and risk.Analyzing the credit limit of the customer based on the financial statementsGood Understanding about the dunning process for customer for different levelsKey SkillsCash Application and Credit managementAccounts Receivable Ledger ManagementFinancial Accounting and ReportingAdvanced Excel and Spreadsheet SkillsSAP ERP and Accounting Software ProficiencyTeam Player

Sr. Executive - Cash Applications- OTC job opportunity at NEC Software Solutions UK.

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