To contribute to deriving operational excellence for SSC OTC by playing a key role in Offshore process Migrations, Month End Closing, Cash posting, Account Reconciliations creation and review.
ResponsibilitiesEssential Function: Process Operations
Cash Application Management:
- Accurately apply cash receipts to customer accounts in a timely manner.
- Reconcile payments received with outstanding invoices and resolve discrepancies.
- Process and allocate payments from various sources (e.g., wire transfers, checks, ACH, credit cards).
Global and Regional Coordination:
- Manage cash application processes for customers across multiple regions and currencies.
- Collaborate with regional finance teams to ensure consistency and accuracy in cash application practices.
- Address and resolve cross-regional payment discrepancies.
Customer Account Reconciliation:
- Monitor and reconcile customer accounts to ensure accurate balances.
- Investigate and resolve unapplied cash, short payments, and overpayments.
- Work closely with the collections team to resolve payment-related issues.
Reporting and Analysis:
- Prepare and maintain accurate cash application reports for management.
- Analyze cash application trends and provide insights to improve processes.
- Support month-end and year-end closing activities related to accounts receivable.
Process Improvement:
- Identify opportunities to streamline cash application processes and enhance efficiency.
- Implement best practices and automation tools to improve accuracy and reduce manual effort.
- Train and mentor junior team members on cash application procedures.
Compliance and Controls:
- Ensure compliance with company policies, accounting standards, and regulatory requirements.
- Maintain strong internal controls over cash application processes.
People Aspects
- Participate in weekly team meetings
- Team oriented and process driven. Proactive and one team attitude
- Share and assist Team manager on building lean culture in the team, for efficient service delivery
- Perform and ensure smooth month end close and reporting for assigned entities.
Stakeholders /Cross Functional Relationship Management
- Maintain positive & strong work relationships with cross-functional teams and respective stakeholders.
- Establishing and maintaining strong, collaborative relationships with internal and external customers.
- Interface with other SSC teams to ensure compliance with cross-team responsibilities
Qualifications
Education:
- B.COM/MCOM
- Accounting education Must; any degree in accounting
Business Experience:
- Essential: 5+ Years (Non-CA)
- Essential: High-end Accounting & Analytical skills
- Desirable: SAP FICO Closing and Reporting Experience.
- Desirable: Working experience within a shared services center/BPO
Additional Qualifications
- Desirable: Degree/Diploma in Business Management
Our purpose at Avient Corporation is to be an innovator of materials solutions that help our customers succeed, while enabling a sustainable world.
Innovation goes far beyond materials science; it’s powered by the passion, creativity, and diverse expertise of 9,000 professionals worldwide. Whether you’re a finance wizard, a tech enthusiast, an operational powerhouse, an HR changemaker, or a trailblazer in materials development, you’ll find your place at Avient.
Join our global team and help shape the future with sustainable solutions that transform possibilities into realities. Your unique perspective could be the key to our next breakthrough!
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By playing to win, acting customer centric, driving innovation and profitable growth, collaborating seamlessly across Avient, and motivating and inspiring and developing others and yourself you will accelerate your ability to achieve Avient’s strategic goals, to meet our customer needs, and to accomplish your career goals.
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