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CASH APPLICATIONS SPECIALIST

Business Area: Order to Cash

A Cash Application Specialist is responsible for performing accounting activities to enable the company to generate a sound and accurate financial statement monthly, quarterly and annually. Duties include reviewing transactions, posting adjusting entries, collecting and evaluating data, conducting analysis, and preparing reconciliations and recommendations.

Key Roles & Responsibilities / Key Job Functions:

  • Cash Application
    • Ensures customer remittances are posted accurately and timely in order to update customer accounts receivable balances and increase customer credit limit.
  • AR Factoring
    • Reconciles factoring remittance against documents purchased by Factoring Company.
    • Reconcile special accounts receivable sub-ledger against accounts receivable contra account. Variance noted are investigated and adjusted.
  • Direct Debit Collection
    • Ensures accurate customer master set-up and on time collection of invoices.
  • Customer Refunding
    • Review customer accounts receivable delinquency status before processing request.
  • Balance Sheet Reconciliation
    • • Ensures compliance to Company Policy on Balance Sheet Reconciliation (BSR) to facilitate the preparation of accurate and reliable financial statements.
  • Financial Management Reporting
    • • Assists in providing schedules for Statutory and audit requirements.

Competencies, Skills, Knowledge & Abilities:

  • Strong Analytical and Communication Skills.
  • Proficient in Microsoft Office Applications.
  • Knowledge in SAP (System Application and Products)
  • Attentive to detail and accuracy
  • Can work under pressure and minimal supervision.
  • Wide knowledge in Accounting
  • Ability to work with people across different organizations.

Education, Experience & Certifications Basic Requirements:

  • College Degree in BS Accountancy (or Management Accounting), CPA is an advantage.
  • 2 years related or Accounting experience
  • Knowledge on billings, and credit and collections (preferred but not required)
  • Excellent oral and written English communication skills
  • Strong people and interpersonal skills

You may send your application to recruitment@lexmark.com.