Job Information
Danfoss Cash Applicator in Oragadam, India
Cash Applicator
Requisition ID: 39354
Job Location(s):
Oragadam, IN
Job Description
In this role you will be posting cash receipts for bank transfers, netting intercompany and cheques using information indicated on the bank statement and customer remittance advice to identify the invoices to match.
Job Responsibilities
Your main tasks will additionally be to
• Ensure processes are fully documented including any remittance or receipt level specific variance, along with an understanding of the background for these variances to ensure optimum standard processes.
• Monitor & clear all queries and requests to the Accounts Receivable team mailbox on a regular basis throughout the day
• Should be monitoring the pending list of payments to be allocated proactively and send reminders to AR analyst for remittance information
• Communicate with treasury and external banks, if required
• Deliver all Internal/External/SOX Audit requirements as requested. Actively highlight processes for improvement opportunities
• Review all closing documents and ensure accuracy of the receivables data prior to closing
• Perform AR closing activities
• Work closely with the Credit Management team to address Cash on Account through prompt management of remittance advice and communication of significant values on key customer that are missing the appropriate back up
Background & Skills
To be considered for the role we expect at least secondary education in the area of Business or Finance and 3-4 years of experience at similar role. You are strong in business writing and in professional communication with multiple stakeholders both internally and externally.
We also require:
• Strong organizational and communication skills
• Intermediate English language skills (verbal & written)
• Business/financial background
• SAP knowledge is plus
• Minimum secondary education
• Ability to manage multiple tasks within demanding timelines and an occasionally stressful environment
• Demonstrated data entry speed and accuracy
• Be familiar with accounting practices
• Should be flexible with shifts
Danfoss – Engineering Tomorrow
At Danfoss, we are engineering solutions that allow the world to use resources in smarter ways - driving the sustainable transformation of tomorrow. No transformation has ever been started without a group of passionate, dedicated and empowered people. We believe that innovation and great results are driven by the right mix of people with diverse backgrounds, personalities, skills, and perspectives, reflecting the world in which we do business. To make sure the mix of people works, we strive to create an inclusive work environment where people of all backgrounds are treated equally, respected, and valued for who they are. It is a strong priority within Danfoss to improve the health, working environment and safety of our employees.
Following our founder’s mindset “action speaks louder than words”, we set ourselves ambitious targets toprotect the environment by embarking on a plan to become CO2 neutral latest by 2030.
Danfoss engineers solutions that increase machine productivity, reduce emissions, lower energy consumption, and enable electrification.
Our solutions are used in such areas as refrigeration, air conditioning, heating, power conversion, motor control, industrial machinery, automotive, marine, and off- and on-highway equipment. We also provide solutions for renewable energy, such as solar and wind power, as well as district-energy infrastructure for cities.
Our innovative engineering dates back to 1933. Danfoss is family-owned, employing more than 42.000 people, serving customers in more than 100 countries through a global footprint of 95 factories.
Danfoss engineers solutions that increase machine productivity, reduce emissions, lower energy consumption, and enable electrification.
Our solutions are used in such areas as refrigeration, air conditioning, heating, power conversion, motor control, industrial machinery, automotive, marine, and off- and on-highway equipment. We also provide solutions for renewable energy, such as solar and wind power, as well as district-energy infrastructure for cities.
Our innovative engineering dates back to 1933. Danfoss is family-owned, employing more than 42.000 people, serving customers in more than 100 countries through a global footprint of 95 factories.