Sr Analyst Cash Applications

At Trane TechnologiesTM and through our businesses including Trane and Thermo King we create innovative climate solutions for buildings homes and transportation that challenge whats possible for a sustainable world. We are a team that dares to look at the worlds challenges and see impactful possibilities. We believe in a better future when we uplift others and enable our people to thrive at work and at home. We boldly go.

Whats in it for you:

Be a part of our mission! As a world leader in creating comfortable sustainable and efficient environments its our responsibility to put the planet first. For us at Trane Technologies sustainability is not just how we do business it is our business. Do you dare to look at the worlds challenges and see impactful possibilities Do you want to contribute to making a better future If the answer is yes we invite you to consider joining us in boldly challenging whats possible for a sustainable world.

Trane is excited to announce an incredible opportunity for a talented and motivated professional to join our team.

Thrive at work and at home:Inclusive Wellbeing Program with resources to support your and your familys physical social emotional and financial well-being.

• Comprehensive learning and development solutions designed to support our people in connecting and growing including higher education/certification reimbursement.
• Sense of belonging and community through our Employee Resource Groups that foster our culture of inclusion.
• Volunteerism: 8 hours of paid time off per calendar year to volunteer with non-profit charitable organizations.

The Trane Technologies Helping Hands Fund to support employees facing financial challenges

Where is the work

This position has been designated as On-Site Based in Bengaluru.

What will you do : This position is responsible for the application of payments to North America and EMEA accounts receivable portfolios for Trane Technologies operations at the Bengaluru Shared Service Center.

Key responsibilities include:

• Ensure application of payments received in multiple bank accounts are applied accurately and timely to the appropriate customer account receivable.
• Follow up on unidentified payments and unapplied cash.
• Process AR adjustments and customer refunds as scheduled by the Limits of Authority (LOA).
• Manage Month End activities in line with checklist and record all Month End related journals.
• Prepare reports to check the health of the process taking corrective actions to clear variances.
• Build process documents to stay updated with dynamic process changes.
• Timely submission of SOX and Audit reports/supporting documents.
• Immediately communicate significant issues impacting the application/adjustment process unapplied cash and payment files.
• Prepare reports for credit and financial functions as required.
• Maintain a high degree of satisfaction with internal and external customers through innovative solutions to consistently improve key performance indicators.
• Maintain frequent communication with the accounting team collections team and other internal customers to foster collaboration.
• Promote a culture of continuous process improvement using lean tools and standard work.
• Ensure compliance with Corporate and Local credit policies and other compliance requirements such as trade compliance Sarbanes Oxley etc.
• Post ACH wire transfer and check deposits to appropriate GL cash accounts and reconcile daily cash balance to general ledger.
• Respond to all the ad hoc queries within the TAT assigned.
• Participate and ensure thorough sign-off for all User Acceptance Testing (UAT) as part of organizational projects related to Cash Applications.
• Challenge the status quo propose and work on process strengthening projects/recommendations support audit and metrics reporting and recommend and implement controls through root cause analysis.
• Lead the Cash Application team fostering a positive and collaborative work environment. Act as Trainer Mentor and Support to team members to ensure high performance and continuous improvement.

What you will bring: Strong communication skills with ability to work with cross-functional management (operations sales etc.).

• Good analytical and investigative skills.
• Ability to build positive rapport with personnel throughout the global organization.
• High sense of urgency and capability to identify creative solutions to advanced time-sensitive problems by balancing achievement of process objectives with practical considerations.
• Strong customer service focus with a drive to ensure we exceed the expectations of our customers.
• Strong ability to pursue best practices in back-office operations commitment to quality results and overcoming obstacles in a time-sensitive environment.
• Ability to juggle and prioritize multiple responsibilities while remaining calm and effective under pressure.
• Include and uplift others.

Career Break

We understand that life happens and taking a career break is sometimes necessary. We welcome applicants who are looking to return to the workforce after a period away. We will work with you to ensure a seamless transition back to your career.

Equal Employment Opportunity

We offer competitive compensation and comprehensive benefits and programs. We are an equal opportunity employer; all qualified applicants will receive consideration for employment without regard to race color religion sex sexual orientation gender identity national origin pregnancy age marital status disability status as a protected veteran or any legally protected status.