Cash Application Specialist

Hyderabad - India

Monthly Salary: Not Disclosed

Posted on: 2 days ago

Vacancies: 1 Vacancy

Job Summary

Who is USP

The U.S. Pharmacopeial Convention (USP) is an independent scientific organization that collaborates with the worlds leading health and science experts to develop rigorous quality standards for medicines dietary supplements and food ingredients. At USP we believe that scientific excellence is driven by a commitment to fairness integrity and global collaboration. This belief is embedded in our core value of Passion for Quality and is demonstrated through the contributions of more than 1300 professionals across twenty global locations working to strengthen the supply of safe high-quality medicines worldwide.

At USP we value inclusive scientific collaboration and recognize that attracting diverse expertise strengthens our ability to develop trusted public health standards. We foster an organizational culture that supports equitable access to mentorship professional development and leadership opportunities. Our partnerships standards and research reflect our belief that ensuring broad participation in scientific leadership results in stronger more impactful outcomes for global health.

USP is proud to be an equal employment opportunity employer (EEOE) and is committed to ensuring fair merit-based selection processes that enable the best scientific mindsregardless of backgroundto contribute to advancing public health solutions worldwide. We provide reasonable accommodations to individuals with disabilities and uphold policies that create an inclusive and collaborative work environment.

Brief Job Overview

The Cash Application Specialist is part of the Accounts Receivable team and supports accurate and timely posting of customer payments. Reporting to the Team Lead Accounts Receivable this nonâsupervisory role is responsible for daily cash application activities basic reconciliations and identification of exceptions for escalation. The role operates within clearly defined SOPs and controls and supports monthâend close activities.

How will YOU create impact here at USP

As part of our mission to advance scientific rigor and public health standards you will play a vital role in increasing global access to high-quality medicines through public standards and related programs. USP prioritizes scientific integrity regulatory excellence and evidence-based decision-making to ensure health systems worldwide can rely on strong tested and globally relevant quality standards.

Additionally USPs People and Culture division in partnership with the Equity Office invests in leadership and workforce development to equip all employees with the skills to create high-performing inclusive teams. This includes training in equitable management practices and tools to promote engaged collaborative and results-driven work environments.

The Cash Application Specialist role has the following responsibilities:

Posts daily cash from lockbox ACH wires checks and internal transfers with accuracy.
Performs routine reconciliations and resolves basic unapplied cash items.
Reviews remittance details and maintains complete documentation for audit purposes.
Identifies exceptions or discrepancies and escalates complex issues to Senior Cash Application staff or Team Lead.
Supports month-end close activities including suspense clean-up under supervision.
Adheres to SOPs service-level expectations and internal controls.
Performs other assigned duties within the cash application function.

Who is USP Looking For

The successful candidate will have a demonstrated understanding of our mission commitment to excellence through inclusive and equitable behaviors and practices ability to quickly build credibility with stakeholders along with the following competencies and experience:

Bachelors degree in business Accounting or equivalent work experience.
5 years of Cash Application experience and Account Reconciliation experience.
Exposure to lockbox processing and payment application.
Basic Understanding of Order to Cash processes
Experience working with ERP systems (Oracle E-Business Suite preferred)
Proficiency in Microsoft Office suite (Excel Word Outlook Teams)

Additional Desired Preferences

Experience performing AR/Cash Application functions for a global organization
General understanding of accounting principles and financial controls
Ability to handle multiple priorities in a fast-paced environment
Ability and desire to work well with diverse employees and customers in a cooperative and friendly manner
Excellent written and verbal communications skills
Able to work flexible hours when needed

Supervisory Responsibilities

None this is an individual contributor role.

Benefits

USP provides the benefits to protect yourself and your family today and tomorrow. From company-paid time off and comprehensive healthcare options to retirement savings you can have peace of mind that your personal and financial well-being is protected.

Note: USP does not accept unsolicited resumes from 3rd party recruitment agencies and is not responsible for fees from recruiters or other agencies except under specificwritten agreement with USP.

Required Experience:

Who is USPThe U.S. Pharmacopeial Convention (USP) is an independent scientific organization that collaborates with the worlds leading health and science experts to develop rigorous quality standards for medicines dietary supplements and food ingredients. At USP we believe that scientific excellence ...