AddressPosition Summary
Finance Ops - AR
About the Role
To oversee and participate in the processing and timely payment and posting of supplier invoices, check request, or other approved bills. To prepare entries for and reconcile accounts payable activities for general ledger. To ensure adherence to procedure and classification controls for trade liabilities.
The Team - Enterprise Operations as A Service
The Enterprise Operations Portfolio is a collection of Offerings that helps clients achieve the maximum possible impact and value from their investments in Finance, Supply Chain and IT operations. By taking a holistic view of these key business functions from strategy articulation through process design and technology enablement, we can help our clients navigate their challenges while operating components of their business.
As our clients drive towards their digital future, Finance, Supply Chain, and IT play an increasingly important role in how these organizations interact with their customers, suppliers, and other key stakeholders. By combining our strategy, operations improvement, implementation, and operate capabilities, we can be more creative in how we deploy our resources and drive innovation at market pace.
Job Location: HYD/BLR/KOL
As a Cash Application Analyst, you will play a crucial role in the financial operations of our organization by ensuring accurate and timely processing of cash receipts. Your primary responsibility will be to reconcile incoming payments with outstanding invoices, identify discrepancies, and collaborate with various departments to resolve issues. The ideal candidate will possess strong analytical skills, attention to detail, and the ability to work efficiently in a fast-paced environment.
Key Responsibilities:
- Daily reconciliation of incoming cash receipts with open invoices and accounts receivable records.
- Investigate and resolve discrepancies between bank deposits and system records.
- Accurately apply payments to customer accounts in the financial system.
- Ensure proper coding and classification of transactions.
- Identify and investigate variances between expected and received payments.
- Collaborate with internal teams, such as sales and customer service, to resolve payment discrepancies and billing issues.
- Maintain detailed records of cash transactions, adjustments, and reconciliations.
- Prepare and distribute regular reports on cash application status and outstanding receivables.
- Propose and implement changes to streamline workflows and reduce error.
Required Qualifications:
- Good communication skills, both written and verbal.
- Strong attention to detail and ability to meet strict deadlines.
- Ability to work independently and as part of a team.
- Good analytical, problem-solving, and organizational skills.
- Experience with accounting software and systems eg: PeopleSoft, Oracle etc_ MUST
- Proficiency in Microsoft Office Suite, with advanced Excel skills - MUST
- CA Inter, ACS, ICWA, or similar 4-year master's course such as M. Com, MBA (Finance)
- B. Com, BBA or similar 3-year graduate course
- Should have 2-12 yrs experience O2C Process
How you'll grow
At Deloitte, we've invested a great deal to create a rich environment in which our professionals can grow. We want all our people to develop in their own way, playing to their own strengths as they hone their leadership skills. And, as a part of our efforts, we provide our professionals with a variety of learning and networking opportunities-including exposure to leaders, sponsors, coaches, and challenging assignments-to help accelerate their careers along the way. No two people learn in exactly the same way. So, we provide a range of resources including live classrooms, team-based learning, and eLearning. DU: The Leadership Center in India, our state-of-the-art, world-class learning Center in the Hyderabad offices is an extension of the Deloitte University (DU) in Westlake, Texas, and represents a tangible symbol of our commitment to our people's growth and development.Explore DU: The Leadership Center in India
Benefits
At Deloitte, we know that great people make a great organization. We value our people and offer employees a broad range of benefits.Learn more about what working at Deloitte can mean for you.
Deloitte's Culture
Our positive and supportive culture encourages our people to do their best work every day. We celebrate individuals by recognizing their uniqueness and offering them the flexibility to make daily choices that can help them to be healthy, centered, confident, and aware. We offer well-being programs and are continuously looking for new ways to maintain a culture that is inclusive, invites authenticity, leverages our diversity, and where our people excel and lead healthy, happy lives.Learn more about Life at Deloitte.
Corporate Citizenship
Deloitte is led by a purpose: to make an impact that matters. This purpose defines who we are and extends to relationships with our clients, our people and our communities. We believe that business has the power to inspire and transform. We focus on education, giving, skill-based volunteerism, and leadership to help drive positive social impact in our communities.Learn more about Deloitte's impact on the world.
Recruiting tips
From developing a stand out resume to putting your best foot forward in the interview, we want you to feel prepared and confident as you explore opportunities at Deloitte.Check out recruiting tips from Deloitte recruiters.
Benefits
At Deloitte, we know that great people make a great organization. We value our people and offer employees a broad range of benefits.Learn more about what working at Deloitte can mean for you.
Our people and culture
Our diverse, equitable, and inclusive culture empowers our people to be who they are, contribute their unique perspectives, and make a difference individually and collectively. It enables us to leverage different ideas and perspectives, and bring more creativity and innovation to help solve our client most complex challenges. This makes Deloitte one of the most rewarding places to work.Learn more about our inclusive culture.
Our purpose
Deloitte's purpose is to make an impact that matters for our clients, our people, and in our communities. We are creating trust and confidence in a more equitable society. At Deloitte, purpose is synonymous with how we work every day. It defines who we are. We are focusing our collective efforts to advance sustainability, equity, and trust that come to life through our core commitments.Learn more about Deloitte's purpose, commitments, and impact.
Professional development
From entry-level employees to senior leaders, we believe there's always room to learn. We offer opportunities to build new skills, take on leadership opportunities and connect and grow through mentorship. From on-the-job learning experiences to formal development programs, our professionals have a variety of opportunities to continue to grow throughout their career.
Requisition code: 176142
