AR - Cash Application

Role: Team Member AR - Cash Application

Skill: Finance and Accounts

Experience: 8-10 Years

Location: TCS Chennai Base office

Shift: UK Shifts

Education:

Minimum 15 years of regular, full-time education (10 + 2 + 3)

Non-technical graduation and/or masters in finance & accounts stream - B. Com, M. Com

Bachelor's/Masters in finance & accounting or equivalent with ERP certification / proficient

Must Have:

AP, AR, Accounts Payable, Accounts Receivable, Cash Application, Invoice Processing, Billing & Collections, Financial Reconciliation, Month End Close, SAP S4HANA, IFRS, GAAP, Accounting Standards, Advanced Excel, SOX, Compliance, Client Communication The position requires a strong foundation in customer payment processing, cash application, account reconciliations, and SAP S/4HANA Order-to-Cash (OTC) processes

Good to Have:

Oracle, Transition Experience, Automation, Process Improvement, T&E Audit, Internal Quality Review, Vendor Management, Procurement Process, SAP Certification. Strong Accounts Receivable (AR) experience, including:

o Billing

o Cash Application, the position requires a strong foundation in customer payment processing, cash

application, account reconciliations, and SAP S/4HANA Order-to-Cash (OTC) processes.

o Collections

Hands-on SAP knowledge, excel knowledge

Strong communication skills

Role and Purpose:

The AP/AR-accountant is responsible for the accurate, timely, and complete execution of both

transactional accounting tasks and general ledger activities. The role ensures reliable financial data,

contributes to efficient end-to-end processes, supports and participates actively to the monthly and annual closing cycles. It requires both operational accuracy and analytical insight.

Key Responsibilities

Accounting & Closing processes

Perform and verify customer and supplier postings.

Manage customer and invoice creation amongst different businesses.

Monitor outstanding customer and supplier balances and perform ageing analyses.

Prepare and execute payments and follow up on payment methods.

Record doubtful debtors, refunds, and corrections.

Support monthly, quarterly, and yearly closings by preparing AP/AR closing entries and

schedules (e.g. reconciliations, and open-item reviews).

Perform reconciliations of AP/AR-related accounts.

Prepare reports on payment flows and open items, including related analyses.

Check the consistency of financial figures, proactively identify deviations or unclear items, and

report them to the accountant/team coach/key user/process owner; anticipate errors and bottlenecks

and contribute to solutions to prevent incorrect postings.

Support reporting activities and variance analyses. .