About this role
EXL (NASDAQ: EXLS) is a leading data analytics and digital operations and solutions company. We partner with clients using a data and AI-led approach to reinvent business models, drive better business outcomes and unlock growth with speed. EXL harnesses the power of data, analytics, AI, and deep industry knowledge to transform operations for the world’s leading corporations in industries including insurance, healthcare, banking and financial services, media and retail, among others. EXL was founded in 1999 with the core values of innovation, collaboration, excellence, integrity and respect. We are headquartered in New York and have more than 54,000 employees spanning six continents. For more information, visit www.exlservice.com.
EXL never requires or asks for fees/payments or credit card or bank details during any phase of the recruitment or hiring process and has not authorized any agencies or partners to collect any fee or payment from prospective candidates. EXL will only extend a job offer after a candidate has gone through a formal interview process with members of EXL’s Human Resources team, as well as our hiring managers.
Cash Application Specialist is responsible for managing the company's incoming payments and ensuring accurate recording and application of cash receipts. This role involves working closely with the accounting team to maintain up-to-date records and resolve any discrepancies in payments.
Accurately apply daily cash receipts to customer accounts.
Process and post payments received via checks, ACH, wire transfers, and credit cards.
Reconcile payment discrepancies and apply adjustments as necessary.
Perform regular reconciliation of accounts receivable subledgers to the general ledger.
Investigate and resolve any variances identified during reconciliations.
Communicate with customers regarding payment inquiries and discrepancies.
Collaborate with the collections team to resolve overdue accounts.
Maintain accurate and detailed records of all transactions.
To accurately process invoices, credit notes, refunds, write offs across operating platforms and ledgers within agreed timescales. Reconciliation of various AR ledgers and identifying and targeting issues through stakeholder management, to ensure effective resolution.
Graduate in Accounting or MBA Finance 4-6 years of experience in accounts receivable, cash application, or a similar accounting role