Role 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.
Requirements:
3-5 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)