Job summary:
The Cash Application Accountant is responsible for managing and maintaining the company financial transactions related to cash and bank activities. This role requires a meticulous attention to detail, strong numerical skills, and the ability to work accurately under pressure
Responsibilities
- Own and drive the unapplied cash resolution and reporting in the respective region
- Pro-active identification and correction of cash application issues
- Provide operational help and guidance to team members, act as first escalation point
- Responsible for complex query resolution in the respective region
- Responsible for accuracy and timeliness of daily cash reporting
- Stakeholder interaction and management
- Training and mentoring new and existing team members
- Timely and accurate application of cash to third party and intercompany customer accounts in line with the processes and procedures set for Accounts Receivable
- Contact customers with payment related queries via email and phone
- Maintain documentation as per internal controls & SOX audit requirements as needed
- Prepare and ensure timely completion of month end close reports
- Prepare 3rd party commission calculation and accrual where applicable
- Create and maintain Desktop Procedures
- Manage user access requests for the team
- Blackline superuser for own area
- Active participation in transitions, projects, process improvement initiatives and audits
- Ensure compliance with Flowserve policies, US Generally Accepted Accounting Principles as defined by Flowserve (GAAP), Sarbanes-Oxley (SOX) and local statutory laws and regulations and that business is conducted within Flowserve ethical code of business conduct.
Qualifications:
- 5+ years relevant experience
- Experience cheching bank statement, allocating money
- Experience handling client future payments
- Economics/Finance related Secondary Studies or Bachelor's Degree is an advantage
- Excellent verbal and written communication skills in English and any other language (as per required in role)
- Ability to build effective relationships with customers and stakeholders
- Intermediate user of MS Office (Excel, Word, PowerPoint)
- Knowledge and experience using ERP systems (e.g. Oracle, SAP)
- Strong analytical research and problem-solving skills with keen attention to detail
- Supportive attitude and good interpersonal skill set
- Embraces and drives change
Preferred:
- Continuous improvement mindset (LEAN Six Sigma is an advantage)