Cash Application Analyst

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.

Qualifications

• 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)