Assistant manager Cash application

Ready to shape the future of work
At Genpact we dont just adapt to changewe drive it. AI and digital innovation are redefining industries and were leading the charge. Genpacts AI Gigafactory our industry-first accelerator is an example of how were scaling advanced technology solutions to help global enterprises work smarter grow faster and transform at scale. From large-scale models to agentic AI our breakthrough solutions tackle companies most complex challenges.

If you thrive in a fast-moving tech-driven environment love solving real-world problems and want to be part of a team thats shaping the future this is your moment.

Genpact (NYSE: G) is anadvanced technology services and solutions company that deliverslastingvalue for leading ourdeep business knowledge operational excellence and cutting-edge solutions we help companies across industries get ahead and stay by curiosity courage and innovationour teamsimplementdata technology and AItocreate tomorrow to know us onLinkedInXYouTube andFacebook.
Inviting the applications for the role of Assistant Manager - Cash Applications
In this role you will be responsible to Work closely with and within Property & Casualty Insurance Finance operations management team.
Responsibilities
Review collection reports to determine the status of collections and balances outstanding to ensure compliance with the Credit & Collection policy.
Work with Collection team understand all aspects of Cash allocation including deep validated experience and report out to business (Cash application)
Collaborate closely between all functions of AR and keep track of all aged receivables including current ageing buckets. (Cash Application)
IC loan G&A and capital contribution settlement with other platforms
Counter party risk management for platform and group
Managing queries statement invoices and premium remittance
Daily bank transaction download to update cash log file and allocate them as per details
Review journal entry and posting in system
Payments authorization on bank website as first approver
Age receivables including follow-up comments on outstanding premium
Bank reconciliation for all bank accounts.
Accountable to connect with account payable and account receivable teams for open items.
Show open items in summary sheet with follow-up comments
Build collections strategy for the team based on ageing and allocate accounts to the team for follow up. (Collections)
Collection on past due invoices on allocated portfolios via email phone calls etc. (Collections)
Understanding manual/automated billing and performing AR reconciliation/Billing (Billing).
Work closely with RTR to understand business transactions and ensure they are processed and accounted for appropriately and accurately.
Ensure process governance including reporting and analysis to key stakeholders communicate regularly to discuss operational issues key metrics CTQs (internally &/or externally)
Understand the SOX Regulations and ensure adherence
GST & Indian taxation experiences are preferable
This includes the collection of invoices and the management of all related processes dispute identification and resolution account reconciliation credit balance disposition and unclaimed property administration.
Follow-up with various departments to get supporting documents/ info for dispute/deductions resolution
Ability to handle trouble shoot and resolve recurring or occasional bottlenecks

Qualifications we seek in you
Minimum Qualification
B. Com or or MBA Finance or any other equivalent graduation or post degree in accounting/finance related work experience.
Knowledge of accounting concepts and Journal entries.
Preferred Qualification
Excellent Cash operations knowledge in Credit Control Treasury & bank Reconciliation and FP&A
Good Communication Skills
Prior experience in B2B Collections Billing and Cash Applications.
Experience in ERPs -SAP and Oracle. SAP experiences are preferable.
Excellent knowledge of MS-Excel and MS-Word knowledge
Ability to act on own initiative!
Must demonstrate a high level of self-motivation energy and flexibility
Ability to handle high volumes of workloads and to reach targets and target on a timely basis
Innovative and always looking for continuous improvement in order to develop succession plan for staff
Excellent interpersonal verbal and written communication skills (in English)!
Exercises good judgement on day to day business problems and provides recommendations for solving course correction
Why join Genpact
Be a transformation leader Work at the cutting edge of AI automation and digital innovation
Make an impact Drive change for global enterprises and solve business challenges that matter
Accelerate your career Get hands-on experience mentorship and continuous learning opportunities
Work with the best Join 140000 bold thinkers and problem-solvers who push boundaries every day
Thrive in a values-driven culture Our courage curiosity and incisiveness - built on a foundation of integrity and inclusion - allow your ideas to fuel progress
Come join the tech shapers and growth makers at Genpact and take your career in the only direction that matters: Up.
Lets build tomorrow together.

Genpact is an Equal Opportunity Employer and considers applicants for all positions without regard to race color religion or belief sex age national origin citizenship status marital status military/veteran status genetic information sexual orientation gender identity physical or mental disability or any other characteristic protected by applicable laws. Genpact is committed to creating a dynamic work environment that values respect and integrity customer focus and innovation.
Furthermore please do note that Genpact does not charge fees to process job applications and applicants are not required to pay to participate in our hiring process in any other way. Examples of such scams include purchasing a starter kit paying to apply or purchasing equipment or training.