Cash Application Analyst

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)