HARISH M
SENIOR CASH APPLICATION SPECIALIST
Bangalore,KA
Summary
Professional with strong experience in financial operations and cash management. Adept at ensuring accurate and timely processing of payments and reconciliations. Known for effective teamwork, adaptability, and delivering consistent results. Skilled in accounts receivable, ERP systems, and problem-solving. Reliable and focused on maintaining financial accuracy and efficiency.
Overview
9
9
years of professional experience
5
5
Languages
Work History
Senior Cash Application Specialist
First Brands Group (Fenyes Engineered Technology Pvt Ltd)
08.2023 - Current
- Being a part of the accounts receivable (OTC) process, I was part of the NA and EMEA processes, and I also supported other teams with high volumes and dispute management.
- Day-to-day deliverables.
- Processed cash applications efficiently, ensuring timely allocation to customer accounts.
- Manually verifying and dispatching the invoices to customers on a daily basis.
- Processing day-to-day cash application transactions in different ERP systems, which are received via ACH, wire transfers, EFT, credit cards, checks, PayPal, and Stripe.
- Preparation of remittances with different BUs, and monitor the customer portals like BMW, Walmart, Costco, and GM.
- Booking the deductions based on the reason codes.
- Posting the Bounce payments, Special GL, and remits include cash discounts, factoring fees.
- Cashlog and Attendance Tracker Maintenance
- Working on Applied, Partial, and UN Applied payments.
- Generic Mailbox query resolution.
- Reconciled payment discrepancies, improving accuracy of financial records.
- Month-end closing activities and reconciliations.
Senior Cash Application Specialist
HCL Technologies
08.2022 - 05.2023
- Being a part of the accounts receivable (OTC) process and being part of the new process for the AP region, I also supported other teams with high volumes.
- Day-to-day deliverables.
- Generic mailbox query resolution, GL, and BOT postings monitors.
- Processing day-to-day cash application transactions in the ERP system, which are received via ACH, wire transfers, EFT, credit cards, and checks, as well as JV uploads.
- Stiller payment postings and CAT royalty postings.
- Run and release the DD (direct debit) in YFMZALIO and DC (direct credit) proposal and settlement reports on a TAT basis.
- Posting the Bounce payments, Special GL M, and Cash deposits as per the Customer.
- Post the TAR and non-TAR payments as per the AR request (special GL with tax code and cost/profit centers).
- Utilized ERP systems to track and manage cash flow and application processes.
- Assisting the AR team through emails related to due payments from the customer, and preparing and updating the SOP.
- Run the YFMPAY01 reports on a regional basis.
- Collaborated with cross-functional teams to resolve customer inquiries and billing issues.
- Assist with month-end closing, and managing DOR and MOR calls on a daily and weekly basis, as well as KPI and BOI reports.
Senior Cash Application & Deduction Team Specialist
DXC Technologies (HPE)
03.2017 - 08.2021
- Being a part of the accounts receivable (OTC) process, I was part of the new Canada and US processes, and I also supported other teams with high volumes and dispute management.
- Day-to-day deliverables.
- Generic Mailbox query resolution (GMB).
- Processing day-to-day cash application transactions in the ERP system, which are received via Lockbox, ACH, exceptions, and wire & EFTs.
- Booking the deductions based on the reason codes, like Z00... Z10.
- Working on the exceptions on F-32, such as write-offs, knock-offs, and overpayments.
- Working Special GL with Tax Code and Cost/Profit Centers.
- Working on lock box, applied, partial, and un-applied payments.
- Researching and investigating unidentified and unallocated cash received and applying it in the systems to the respective accounts.
- Skilled in analyzing various types of reports and updating the process manuals from time to time as changes happen.
- Assist with month-end closing and managing DOR and MOR calls on a daily and weekly basis.
- Claims and Deductions.
- Investigate the Case ID to clear the deductions/claims on the customer account.
- Validating the deductions and assigning them to the market for further validation.
- Working Deduction Based on the Reason Codes.
- Contact the customers for the particular deduction debit notes, like Z00.
- Maintain accounts receivable customer portals.
- Key Deliverables as a SPA.
- Work allocation among team members.
- Daily tracking of all the details regarding inflow requests, metrics, attendance, queries, impacts, and issues.
- Running control reports to ensure all the supporting documents are attached for the postings.
- Backup for handling the team of six personnel.
- Developed and implemented process improvements to optimize workflow and resource allocation.
- Facilitated cross-functional team collaboration to enhance project delivery efficiency.
- Monitor trackers like Productivity Tracker, Volume Tracker, etc. which helped in making management decisions.
Education
M Com -
Govt RC College, Bangalore University
01.2016
Skills
Decision Making,Fast Learner, Communication, Critical Thinking and Problem Solving, Good team player
Career Highlights:
3 Spot Award - For excellence in work for a quarter., Appreciation from Client and manager for Processing without escalations, Award for best performance in Team
Timeline
Senior Cash Application Specialist
First Brands Group (Fenyes Engineered Technology Pvt Ltd)
08.2023 - Current
Senior Cash Application Specialist
HCL Technologies
08.2022 - 05.2023
Senior Cash Application & Deduction Team Specialist
DXC Technologies (HPE)
03.2017 - 08.2021
M Com -
Govt RC College, Bangalore University