Order to Cash Operations New Associate

1 Month ago • Upto 1 Years • Operations

Job Summary

Job Description

Accenture is seeking an Order to Cash Operations New Associate to join their Finance Operations vertical. The role involves processing payments, applying cash remittances, reconciling accounts receivable activity, and preparing reports. Key responsibilities include handling high-volume data entry, processing various payment types like checks, ACHs, and credit cards, identifying and communicating discrepancies, and assisting with month-end closing activities. The associate will provide professional customer service to internal and external accounts receivable personnel, work with global banking systems, and cooperate with AP, Control, and Treasury teams. This position requires adherence to SOX controls, support for audit processes, and monitoring critical payments while maintaining professionalism and ensuring compliance with company policies.
Must have:
  • Order to Cash - Cash Application Processing
  • High-volume data entry
  • Processing customer payments
  • Identifying payment discrepancies
  • Month-end closing activities
  • Professional customer service
Good to have:
  • Understanding of cash applications
  • Reconciliation of suspense accounts
  • Experience with global banking systems
  • Knowledge of SOX controls
  • Ability to work in rotational shifts

Job Details

Skill required: Order to Cash - Cash Application Processing
Designation: Order to Cash Operations New Associate
Qualifications:Any Graduation
Years of Experience:0 to 1 years
About Accenture
Accenture is a global professional services company with leading capabilities in digital, cloud and security.Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Technology and Operations services, and Accenture Song— all powered by the world’s largest network of Advanced Technology and Intelligent Operations centers. Our 699,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners and communities.Visit us at www.accenture.com
What would you do? You will be aligned with our Finance Operations vertical and will be helping us in determining financial outcomes by collecting operational data/reports, whilst conducting analysis and reconciling transactions. Optimizing working capital, providing real-time visibility and end-to-end management of revenue and cash flow, and streamlining billing processes. This team over looks the entire processes that starts from customers inquiry, sales order to delivery and invoicing. The Cash Application Processing team focuses on solving queries related to cash applications and coordination with the customers. The role requires a good understanding of cash applications, the process of applying unapplied cash, reconciliation of suspense account in cash application, and process them from payment receipt to finalization. Receive and deposit customer payments, apply cash remittances and credits/ adjustments, maintain bad debt reserves and allowances, prepare Accounts Receivable reporting, and post and reconcile Accounts Receivable activity to the general ledger.
What are we looking for? • Execution of manual and automated payments through global banking system or portals • Cooperate closely with AP, Control and Treasury teams • Perform Bank Reconciliation Rec at Month-end • Effective SOX controls • Support both internal and external audit processes • Monitor critical payments and be aware of country specific requirements • Carry out other duties as and when business requirements dictate as may be reasonably be expected by line manager • Be fully aware of personal workload, prioritise and organise to ensure deadlines are achieved • Ensure a high standard of professionalism is maintained and that customer care is foremost • Maintain a high standard of housekeeping in the work area and department • Contribute to the development of systems and improvement in working practices and processes • Be fully familiar and conversant with department and company policies, procedures and processes, ensuring all work and actions undertaken are in full compliance at all times •High-volume data entry that includes processing, analyzing, and accurately applying all incoming payments for all customer accounts from various sources including: Posting Daily Deposits against invoices: checks, ACHs and wires Intercompany transactions: processing transactions to and from other ledgers Credit Cards: processing customer credit cards with sensitive information, and accurately applying to correct invoices. Identify and communicate discrepancies in payments received with department credit analysts. Work with Intercompany accountants and general accounting to ensure proper closeout of invoices. Communicate to sales and project management on the status of accounts and payments. Research unidentified payments for proper posting Responsible for a month-­end closing activity Provides quality and professional customer service to all internal and external A/R personnel. Additional tasks/duties as assigned by Finance Management and Supervisor/Manage
Roles and Responsibilities: •In this role you are required to solve routine problems, largely through precedent and referral to general guidelines • Your primary interaction is within your own team and your direct supervisor • In this role you will be given detailed instructions on all tasks • The decisions that you make impact your own work and are closely supervised • You will be an individual contributor as a part of a team with a predetermined, narrow scope of work • Please note that this role may require you to work in rotational shifts

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About The Company

Accenture is a global professional services company with leading capabilities in digital, cloud and security.Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Technology and Operations services, and Accenture Song— all powered by the world’s largest network of Advanced Technology and . Accenture helps organizations deliver on their promises to stakeholders and provide exceptional value. They help to improve the way that the world works and lives.

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