Cash Application Specialist

Foxit is remaking the way the world interacts with documents through advanced PDF technology and tools. We are a leading global software provider of fast, affordable, and secure PDF solutions that are used by millions of people worldwide. Winner of numerous awards, Foxit has customers in more than 200 countries and global operations. We have a complete product line and an exciting and aggressive development schedule. Our proven PDF technology is disrupting the status quo establishment and has accelerated our company growth. We are proud to list as customers Google, Amazon, and NASDAQ, and with your skills and help, we plan to add many more. Foxit has offices all over the world, including locations in the US, Asia, Europe, and Australia.

For more information, please visit us at https://www.foxit.com

Position Overview:

Join our dynamic team as a Cash Application Specialist, where you’ll take charge of processing, reconciling, and allocating incoming payments with precision, ensuring all financial transactions are recorded promptly and accurately. We’re looking for someone with sharp analytical skills, a keen eye for detail, and the ability to collaborate seamlessly with cross-functional teams to resolve any discrepancies and drive efficiency in the process.

Key Responsibilities:

· Cash Application & Payment Processing:

o Process and apply incoming payments (via wire transfers, ACH, checks, credit cards, etc.) to customer accounts.

o Ensure accurate and timely allocation of payments to invoices in the accounting system.

o Investigate and resolve unallocated or misapplied payments promptly.

· Reconciliation & Reporting:

o Perform daily, weekly, and monthly reconciliations of cash receipts to the general ledger.

o Identify discrepancies and work with internal teams to resolve them.

o Prepare reports and provide analysis on cash application performance metrics.

· Customer and Internal Collaboration:

o Liaise with customers to obtain remittance details when necessary.

o Collaborate with the accounts receivable, billing, and collections teams to resolve payment issues.

o Work towards achieving defined SLAs and timelines for cash applications, reconciliations, and issue resolutions.

o Provide support for internal and external audits as needed.

o Collaborating with cross-regional teams to meet timelines.

· Process Improvement:

o Identify inefficiencies in the cash application process and recommend improvements.

o Assist in the process enhancements to improve accuracy and efficiency.

· Compliance:

o Ensure adherence to company policies and accounting standards.

o Maintain accurate records of all transactions and supporting documentation.

Required Skills & Qualifications:

· Experience:Minimum 3+ years of relevant experience in cash application, accounts receivable, or a related finance role.

· Education: Bachelor’s degree in finance, Accounting, or a related field.

· Proficiency in ERP systems (e.g., Oracle Netsuite, SAP, or similar) and advanced financial tools.

· Advanced Excel skills (pivot tables, VLOOKUPs, etc.).

· Strong analytical and problem-solving abilities.

· Excellent attention to detail and accuracy in work.

· Strong communication and interpersonal skills to interact effectively with customers and internal teams.

· Ability to prioritize tasks, meet deadlines, and work in a fast-paced environment.

Preferred Qualifications:

· Experience in a SaaS-based organization or subscription-based billing systems.

· Familiarity with automation tools and process optimization techniques.

· Knowledge of Indian and international accounting standards.

What We Offer:

· A supportive and inclusive workplace fostering collaboration, offering opportunities to engage in a global environment, and promoting professional growth and development.

· Health Insurance of employee & family for 5 lakhs.

· Learning & training opportunities with LinkedIn platforms

· Competitive compensation and benefits package.

If you are passionate about driving efficiency and accuracy in financial processes and meet the qualifications, we would love to hear from you!