Senior Cash Accounting Administrator

Analyst- Cash application

Job Title:

Analyst- Cash application

Summary:

The Analyst – Cash Application is responsible for overseeing the month-end closing process for cash accounting, ensuring accuracy across all bank account transactions. This role involves advanced research and resolution of unreconciled and outstanding items in bank reconciliations, requiring strong analytical and problem-solving abilities. The Analyst will lead initiatives for process optimization, support and mentor junior team members, and collaborate closely with the Team Lead on strategic projects

Responsibilities Include:

Key Tasks and Deliverables:

• Lead the preparation and posting of daily cash activities and Bank Reconciliation Statements (BRS) to ensure accurate and timely processing.
•  Oversee and review the reconciliation of suspense GL accounts, ensuring discrepancies are investigated and resolved promptly.
•  Supervise daily cash postings, including vendor payments and customer receipts, ensuring adherence to internal controls and accounting standards.
• Post, reconcile, and review intercompany loan transactions, applying strong audit and accounting practices to identify and resolve complex issues.
•  Lead intercompany DTDF balance reconciliations, investigating and resolving variances in a timely manner.
• Reconcile bank accounts and validate balances
• Close interaction with Europe Treasury department and Transactional work with the Integrity Treasury cash management system
• Prepare monthly assigned balance sheet accounts reconciliation
• Participate in cross-functional team projects.
• Support internal/external customers by providing timely response to their queries.
• Build a good relationship with internal and external stakeholders.
• Ensure smooth month-end and annual close for AR
• Experience in VAT, payroll process & Blackline system will be added an advantage

Competencies

• Collaborate on strategy and organization and be autonomous on daily functions.
• Ability to quickly adapt to change & build strong relationships with internal & external stakeholders by communicating effectively.
• Understand the department's strategic plan through alignment of goals, objectives and work performance.
• Contribute to business progress through functional expertise.
• Shares best practices inside & outside of core team.
• Consistently takes initiative and constructively influences collaboration to achieve results.
• Ensure high degree of reliability in delivering expected results and processing of treasury transactions.
• Ensures timely and effective communication of issues and results to manager and team members.
• Support the Team Lead with audit preparation, reporting requirements, and special finance projects, and act as a backup when required.
• Exhibit a sense of urgency and responsibility for goal accomplishment.
• Provide technical guidance and mentorship to junior analysts and team members.

Qualifications:

The following are required for the role

Minimum Qualifications

• B.com (H) or equivalent
• 8-10 years accounting/finance experience
• Good knowledge of accounts receivable process with an expertise in cash & bank reconciliation process, experience with bank reconciliations, intercompany transactions, and financial reporting.
• High level of competency with computer software including Microsoft Office and SAP.

• Strong analytical, problem-solving, and communication skills.
• Ability to work in a fast-paced, deadline-driven environment with high attention to detail.

Preferred Qualifications

• SAP experience/ ERP knowledge

• Chemical industry background

What We Offer:

At Momentive, we value your well-being and offer competitive total rewards and development programs. Our inclusive culture fosters a strong sense of belonging and provides diverse career opportunities to help you unleash your full potential. Together, through innovative problem-solving and collaboration, we strive to create sustainable solutions that make a meaningful impact. Join our Momentive team to open a bright future. #BePartoftheSolution

About Us:

Momentive is a premier global advanced materials company with a cutting-edge focus on silicones and specialty products. We deliver solutions designed to help propel our customer’s products forward—products that have a profound impact on all aspects of life, around the clock and from living rooms to outer space. With every innovation, Momentive creates a more sustainable future. Our vast product portfolio is made up of advanced silicones and specialty solutions that play an essential role in driving performance across a multitude of industries, including agriculture, automotive, aerospace, electronics, energy, healthcare, personal care, consumer products, building and construction, and more. 

  

Momentive believes a diverse workforce empowers our people, strengthens our business, and contributes to a sustainable world. We are proud to be an equal opportunity employer.  Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any characteristic protected by law.  

 

To be considered for this position candidates are required to submit an application for employment and be of legal working age as defined by local law. An offer may be conditioned upon the successful completion of pre-employment conditions, as applicable, and subject to applicable laws and regulations.   

 

Note to third parties: Momentive is not seeking or accepting any unsolicited assistance from search and selection firms or employment agencies at this time.