Job Title:Senior Administrator- Cash Application
Summary:Responsible for daily Cash application & month/quarter/year end closing process with daily interaction with all stakeholders. Reconcile and research cash posting requests, customer account discrepancies related to customer short payments and deductions. While supporting key controllership activities. Assist Team Lead in driving process improvement within the department to achieve business goals. Reports to the Team Lead- GFS Accounting
Responsibilities Include:
Key Tasks and Deliverables:
- Posting and recording of customer payments received from multiple lockboxes/bank accounts including checks, ACHs, wires and credit cards.
- Properly identifying customer’s remittance and posting payments to the correct account by invoice.
- Post and reconcile intercompany loan transactions, leveraging audit methodologies to analyze complex entries
- Review and record daily cash posting (Vendor payments and customer receipts).
- Reconcile bank accounts and validate balances
- Close interaction with Credit & collection & America’s Treasury department.
- Support internal/external customers by providing timely response to their queries.
- Ensure timely and accurate BlackLine reconciliations while maintaining proper supporting documentation
- Build a good relationship with internal and external stakeholders.
- Ensure smooth month-end and annual close for AR
Key Relationships:
- Financial Supervisor-Cash / IC.
- Credit & collection team
- Treasury team.
- Bank
Qualifications:
The following are required for the role
Minimum Qualifications
- B.com/M.com/MBA or equivalent
- Min 4 - 5 years of relevant experience
- Excellent knowledge of accounts receivable process with an expertise in cash process.
- Strong verbal and written communication skills.
- Outstanding interpersonal skills with ability to interact effectively with all levels of management
Preferred Qualifications
- Good analytical and problem-solving skills
- Consistently meet work and project deadlines while delivering high-quality output
- Understanding of accounting standards and regulatory requirements
- Chemical industry background
What We Offer:
At Momentive, we value your well-being and offer competitive total rewards and development programs. Our inclusive culture fosters a strong sense of belonging and provides diverse career opportunities to help you unleash your full potential. Together, through innovative problem-solving and collaboration, we strive to create sustainable solutions that make a meaningful impact. Join our Momentive team to open a bright future. #BePartoftheSolution
About Us:
Momentive is a premier global advanced materials company with a cutting-edge focus on silicones and specialty products. We deliver solutions designed to help propel our customer’s products forward—products that have a profound impact on all aspects of life, around the clock and from living rooms to outer space. With every innovation, Momentive creates a more sustainable future. Our vast product portfolio is made up of advanced silicones and specialty solutions that play an essential role in driving performance across a multitude of industries, including agriculture, automotive, aerospace, electronics, energy, healthcare, personal care, consumer products, building and construction, and more.
Momentive believes a diverse workforce empowers our people, strengthens our business, and contributes to a sustainable world. We are proud to be an equal opportunity employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any characteristic protected by law.
To be considered for this position candidates are required to submit an application for employment and be of legal working age as defined by local law. An offer may be conditioned upon the successful completion of pre-employment conditions, as applicable, and subject to applicable laws and regulations.
Note to third parties: Momentive is not seeking or accepting any unsolicited assistance from search and selection firms or employment agencies at this time.
