Analyst I Finance Operations

Job Description:

Cash Application Job Description

Scope:

Post and clear DXC’s cash received for DXC Customers’ Trade AR complying with DXC’s processes and procedures.

The Cash Application Consultant will:

• Download the bank statements from the bank portals and upload them daily and timely on the sharepoint for Collectors’ visibility
• Post all payments received in the same day and apply invoices applied in the next day. All the posting and applications will be done in a compliant way as per the processes and procedures.
• Send regular reports of Unapplieds and Unknown Cash to ensure they get closed in 48 hours. Ensure all payments are posted with the required document type and posting key.
• Book all write offs in the correct GL with the right reason code and subsequent approvals. Provide proactive and clear communications towards the internal partners focused on solutions and improvements.
• Use the existing automation and work with the team on how to address the existing challenges. Example: Minimize the human touch as much as possible on every single activity whether is downloading statements, posting payments, clearing, processing write offs, sending unapplieds lists etc
• Complete the monthly reconciliation in the Cadency Finance tool and work with the different internal partners to document everything accordingly.

Extra Activities:

• Support the Project team in case of a change to a different Cash App and Collections system by providing feedback/ getting involved in testing/ regular communication etc Support any testing needed in case of announced divestitures or spin off.
• Work with the P&C Team/ BoT on any process changes to gain efficiency
• Support the team with the required back up during the colleagues’ leaves
• Support any country/ statutory Audit Train newcomers

Required Skills:

• Economical background/ Finance or O2C work experience (Billing, Collections, Cash Application or Structure Set Up)
• Good level of English is a must
• Excellent attitude towards learning and self-development
• Ability to work under pressure during month ends
• Excellent communication skills and team spirit

Recruitment fraud is a scheme in which fictitious job opportunities are offered to job seekers typically through online services, such as false websites, or through unsolicited emails claiming to be from the company. These emails may request recipients to provide personal information or to make payments as part of their illegitimate recruiting process. DXC does not make offers of employment via social media networks and DXC never asks for any money or payments from applicants at any point in the recruitment process, nor ask a job seeker to purchase IT or other equipment on our behalf. More information on employment scams is available here.