Sr Specialist, Business Services
Job Summary
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.
Essential Functions
Essential Function 1: Process Operations
1. 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).
2. 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.
3. 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.
4. 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.
5. 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.
6. Compliance and Controls:
· Ensure compliance with company policies, accounting standards, and regulatory requirements.
· Maintain strong internal controls over cash application processes.
Essential Function 2: 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
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· Perform and ensure smooth month end close and reporting for assigned entities. |
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Essential Function 3: Stakeholders /Cross Functional Relationship Management
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Location: Pune, Kharadi
QUALIFICATIONS:
Education
· B.COM/MCOM
· Accounting education Must; any degree in accounting
Additional Qualifications
Desirable: Degree/Diploma in Business Management
Environmental, Health, Safety, & Security (EHS&S) Requirements
- Avient integrates EHS&S into all aspects of our operations. Each position at Avient is responsible for complying with all applicable EHS&S requirements. Additionally, employees and management are responsible for reporting all EHS&S incidents immediately to ensure we keep EHS&S a priority within the organization.
Security includes physical security and cyber security.
Who We Are
Avient Corporation provides specialized and sustainable material solutions that transform customer challenges into opportunities, bringing new products to life for a better world. Examples include:
- Dyneema®, the world’s strongest fiber™, enables unmatched levels of performance and protection for end-use applications, including ballistic personal protection, marine and sustainable infrastructure and outdoor sports
- Unique technologies that improve the recyclability of products and enable recycled content to be incorporated, thus advancing a more circular economy
- Light-weighting solutions that replace heavier traditional materials like metal, glass and wood, which can improve fuel efficiency in all modes of transportation and reduce carbon footprint
- Sustainable infrastructure solutions that increase energy efficiency, renewable energy, natural resource conservation and fiber optic / 5G network accessibility
Avient employs approximately 10,000 associates and is certified ACC Responsible Care®, a founding member of the Alliance to End Plastic Waste and certified Great Place to Work®. For more information, visit www.avient.com.
Why Avient
Avient Corporation is a world-class sustainable organization built on innovation, collaboration, and employee development. We are committed to providing a supportive and dynamic work environment where our diverse associates can grow and succeed, as well positively impacting our planet and the communities we serve. Our Great Place to Work culture, values, and benefits make Avient an employer of choice for top talent.
At Avient, we believe diversity of ideas and backgrounds gives us the creativity to be successful in a rapidly changing world. In support of this, we stress equality of opportunity for all qualified individuals in accordance with applicable laws. Decisions on hiring, promotion, development, compensation or advancement are based solely on a person’s qualifications, abilities, experience and performance.
Avient Corporation is a drug free workplace. Avient is an equal opportunity employer. We maintain a policy of non-discrimination in providing equal employment to all qualified employees and candidates regardless of race, sex, sexual orientation, gender identity, age, color, religion, national origin, disability, genetic information, protected veteran’s status, or other legally protected classification in accordance with applicable federal, state and local law.
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