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Accounts Receivable Cash Allocation Specialist

Smiths Group


Job Location:

Bengaluru - India

Monthly Salary: Not provided by the employer
Posted: 28 June 2026 (30+ days ago)
Application Deadline: 25 September 2026
Vacancies: 1 Vacancy

Department:

Finance

Job Summary

Job Opportunity

Were hiring a detail-oriented Cash Allocation Specialist to join our finance this role youll be responsible for accurately allocating incoming payments matching them to customer invoices and ensuring records are updated in a timely manner to maintain healthy cash flow.

If you enjoy working with numbers investigating discrepancies and collaborating across teams to keep accounts clean and accurate this is a great opportunity to make a meaningful impact.

What you will be doing

  • Record and apply customer payments (NEFT cheque etc.) in SAP ensuring accurate invoice matching
  • Process receipts and maintain up-to-date accounting records to support cash flow visibility
  • Perform daily bank reconciliations and resolve discrepancies in customer accounts
  • Track and manage unallocated cash advances and short payments working with customers and internal teams to close gaps
  • Prepare and share daily cash collection reports including receipts advances and mismatches
  • Maintain receipt registers and support credit control with accurate data for collections
  • Handle TDS and GST-related accounting entries including reconciliation and discrepancy tracking
  • Support monthly closing activities including AR ageing and cash forecasting inputs
  • Assist during audits and compliance reviews ensuring documentation and controls are in place
  • Drive follow-ups for intercompany collections and overdue receivables
  • Partner with cross-functional stakeholders (Sales Credit Control Tax Finance) to improve accuracy and efficiency

Qualifications :

What youll bring:

  • Strong understanding of Accounts Receivable / Cash Application processes
  • Working knowledge of GST and TDS (calculation accounting reconciliation)
  • Hands-on experience with SAP (including relevant T-codes for AR & cash posting)
  • Solid Excel skills (lookups basic reporting data handling)
  • High attention to detail and ability to investigate and resolve discrepancies
  • Good communication skills to coordinate with customers and internal stakeholders
  • Ability to manage priorities and work effectively in a fast-paced environment
  • Awareness of audit requirements and financial controls

Additional Information :

Join us and well help build your career with excellent training and opportunities for career growth across the business both locally and globally. Youll experience an inclusive environment with strong leadership and a focus on safety and wellbeing. Youll also have the flexibility to choose from a wide range of benefits to suit your lifestyle offering you and your family support from a health and wellbeing financial and lifestyle perspective.

Join us and work for a world-leader with the benefits and training to reward your dedication and skills. Be part of a team where we are making the world a safer place

We believe that different perspectives and backgrounds are what make a company flourish. All qualified applicants will receive equal consideration for employment regardless of color religion sex sexual orientation gender identity national origin economic status disability age or any other legally protected characteristics. We are proud to be an inclusive company with values grounded in equality and ethics where we celebrate support and embrace diversity.

At no time during the hiring process will Smiths Detection nor any of our recruitment partners ever request payment to enable participation including but not limited to interviews or testing. Avoid fraudulent requests by applying jobs directly through our careers website.


Remote Work :

No


Employment Type :

Full-time


About Company

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Smiths Group is a global technology company that delivers solutions for the world’s evolving challenges. With a history spanning over 170 years, we operate across multiple sectors, including healthcare, energy, defense, and manufacturing. Our five divisions—John Crane, Smiths Detectio ... View more

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