Varun K
AR - Cash Application Specialist
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
2
2
years of professional experience
3
3
Languages
Work History
Cash Application Specialist
Kaseya
07.2024 - Current
- Applied high-volume customer payments (ACH, wire transfers, checks, credit cards) with accuracy and efficiency using NetSuite, Zuora, and Stripe
- Oversaw end-to-end accounts receivable processes, including invoicing, payment posting, collections, and account reconciliation
- Managed Datto for subscription billing and recurring revenue, ensuring alignment with customer contracts and revenue recognition policies
- Led special projects to resolve unapplied and unidentified payments, reducing outstanding balances and improving cash flow accuracy
- Reconciled daily cash transactions and bank deposits with ERP systems, ensuring accuracy for month-end close and audit compliance
- Handled specialized Stripe payment processes, streamlining payment posting, payout reconciliation, and resolving transaction discrepancies
- Collaborated with finance, billing, collections and customer success teams to resolve discrepancies and enhance the customer payment experience
- Maintained audit-ready documentation and ensured compliance with internal controls and financial reporting standards
- Provided support during financial audits by preparing necessary documentation and answering auditor inquiries regarding cash applications processes.
- Collaborated with cross-functional teams to ensure accurate and timely cash application processing.
System Engineer
Benchmark ESG
05.2023 - 01.2024
- Reduced ticket resolution time by 25% by improving troubleshooting procedures and updating the knowledge base
- Achieved a 95% first-contact resolution rate, enhancing customer satisfaction and support efficiency
- Contributed to the successful implementation of a new ticketing system, improving workflow and response times
- Increased customer retention by providing proactive system monitoring and consistent follow-up support
- Streamlined internal documentation, reducing repeat inquiries by 20%
- Led team training initiatives, enhancing the overall technical expertise and problem-solving capabilities of the support team
Education
MBA - Finance
Jain University
Bengaluru, IndiaSkills
Financial Planning & Analysis
Risk Assessment & Strategic Mitigation
Corporate Wealth & Asset Management
Revenue Recognition & Bank Reconciliation
Cash Application, Reconciliation & Transaction Processing
Accounts Receivable Management
Knowledge of GAAP & IFRS
Internal Controls Implementation & Audit Support
ERP Systems Proficiency: NetSuite, Zuora, Stripe
Advanced Microsoft Excel: PivotTables, VLOOKUP, Macros
Strong Analytical & Problem-Solving Skills
Effective Team Collaboration & Cross-Functional Communication
Awards
Champion Award at Kaseya, Q3 2024
Timeline
Cash Application Specialist
Kaseya
07.2024 - Current
System Engineer
Benchmark ESG
05.2023 - 01.2024
MBA - Finance
Jain University