AR - Cash Application

Role: Team Member AR - Cash Application

Skill: Finance and Accounts

Experience: 8-10 Years

Location: TCS Chennai Base office

Shift: UK Shifts

Education

  • Minimum 15 years of regular, full-time education (10 + 2 + 3)
  • Non-technical graduation and/or master's in finance & accounts stream - B. Com, M. Com
  • Bachelor's/Master's in finance & accounting or equivalent with ERP certification / proficient

Must Have

  • AP, AR, Accounts Payable, Accounts Receivable, Cash Application, Invoice Processing, Billing &
  • Collections, Financial Reconciliation, Month End Close, SAP S4HANA, IFRS, GAAP, Accounting Standards,
  • Advanced Excel, SOX, Compliance, Client Communication
  • The position requires a strong foundation in customer payment processing, cash application, account
  • reconciliations, and SAP S/4HANA Order-to-Cash (OTC) processes
Good to Have:
  • Oracle, Transition Experience, Automation, Process Improvement, T&E Audit, Internal Quality Review,
  • Vendor Management, Procurement Process, SAP Certification.
Strong Accounts Receivable (AR) experience, including:

o Billing o Cash Application, the position requires a strong foundation in customer payment processing, cash application, account reconciliations, and SAP S/4HANA Order-to-Cash (OTC) processes.

o Collections

Hands-on SAP knowledge, excel knowledge

Strong communication skills

Role and Purpose

The AP/AR-accountant is responsible for the accurate, timely, and complete execution of both transactional accounting tasks and general ledger activities. The role ensures reliable financial data,

contributes to efficient end-to-end processes, supports and participates actively to the monthly and annual closing cycles. It requires both operational accuracy and analytical insight.

Key Responsibilities

Accounting & Closing processes

  • Perform and verify customer and supplier postings.
  • Manage customer and invoice creation amongst different businesses.
  • Monitor outstanding customer and supplier balances and perform ageing analyses.
  • Prepare and execute payments and follow up on payment methods.
  • Record doubtful debtors, refunds, and corrections.
  • Support monthly, quarterly, and yearly closings by preparing AP/AR closing entries and schedules (e.g. reconciliations, and open-item reviews).
  • Perform reconciliations of AP/AR-related accounts.
  • Prepare reports on payment flows and open items, including related analyses.
  • Check the consistency of financial figures, proactively identify deviations or unclear items, and report them to the accountant/team coach/key user/process owner; anticipate errors and bottlenecks and contribute to solutions to prevent incorrect postings.
  • Support reporting activities and variance analyses.
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