Cash Application and Allocation Associate

4 days ago

Ayala Alabang, National Capital Region, Philippines W. R. Grace & Co. Full time $40,000 - $60,000 per year

Job Description

The Cash Application and Allocation Associate is responsible for managing the end-to-end cash application and allocation process. This role requires hands-on experience in cash application, account reconciliation, and customer service. The analyst will support the Cash Application and Allocation Supervisor in achieving operational targets and ensuring accuracy and timeliness in financial transactions.

Responsibilities

  • Ensure accurate and timely cash application and allocation.
  • Reconcile payment discrepancies daily and coordinate with the Credit and Collection team for resolution.
  • Investigate unidentified receipts and collaborate with Treasury, Business Units, and other stakeholders for resolution.
  • Review and verify credit/debit memos, unauthorized deductions, and adjustments on customer accounts.
  • Perform clearing and posting of transactions as needed.
  • Prepare and post manual journal entries.
  • Conduct monthly Cash GL account reconciliations.
  • Participate in monthly, quarterly, and year-end closing activities.
  • Monitor and manage prepayments on customer accounts.
  • Drive continuous process improvements within the cash application function.
  • Maintain confidential records for audit compliance.
  • Respond to inquiries related to account reconciliations and payment applications.
  • Support internal and external audits.
  • Engage with multiple stakeholders across regions.
  • Prepare and distribute the Daily Cash Summary report.

Required Qualifications

  • Minimum of 6 months of experience in Cash Application and Allocation/ Revenue Chain. Fresh graduates are welcome to apply.
  • Bachelor's degree in Finance, Accounting, Business Administration, or a related field preferred.
  • Strong customer service orientation with excellent interpersonal, negotiation, and analytical skills.
  • Strong attention to detail and accuracy in handling financial data.
  • Ability to work effectively in a fast-paced, diverse, and collaborative environment.

Preferred Qualifications

  • Experience in the Shared Services or Business Process Outsourcing (BPO) industry is a plus.
  • Proficient in Microsoft Excel and PowerPoint to assist with reporting and presentations.

Benefits

  • Guaranteed 14th Month Pay
  • Above-market Retirement Plan Design
  • LinkedIn Learning Access
  • Established Performance Incentive Program
  • HMO coverage for employees on day 1 (with pandemic coverage)
  • Free HMO coverage for up to 3 qualified dependents
  • Educational Assistance

Grace is not accepting unsolicited assistance from search firms for this employment opportunity. Please, no phone calls or emails. All resumes submitted by search firms to any employee at Grace via email, the Internet or in any form and/or method without a valid written search agreement in place for this position will be deemed the sole property of Grace. No fee will be paid in the event the candidate is hired by Grace as a result of the referral or through other means.

  • Cash Application and Allocation Associate

    4 days ago

    Ayala Alabang, National Capital Region, Philippines W. R. Grace Full time ₱900,000 - ₱1,200,000 per year

    Requisition ID: 24283Grace, a Standard Industries company, is a leading global supplier of catalysts, engineered materials and fine chemicals. We provide innovative products, technologies and services which our customers use to manufacture everyday products like renewable fuels, pharmaceuticals, toothpaste, cosmetics, food packaging, beer, edible oils and...

  • Cash Application and Allocation Analyst

    4 weeks ago

    Ayala Alabang, National Capital Region, Philippines Grace Full time

    Requisition ID:24123Built on talent, technology, and trust, Grace is a leading global supplier of catalysts and engineered materials. The company's two industry-leading business segments—Catalysts Technologies and Materials Technologies—provide innovative products, technologies, and services that enhance the products and processes of our customers around...

  • Accounts Receivable Specialist w CASH APPLICATION EXP

    2 days ago

    Ayala Alabang, National Capital Region, Philippines Ascendion Full time ₱250,000 - ₱300,000 per year

    Accounts Receivable ResponsibilitiesCreate and process daily sales invoices, recharges, debit/credit notes.Monitor daily shipments and validate sales orders.Print and send reviewed invoices to customers.Extract customer Statements of Account and allocate payments.Maintain customer accounts and sales ledger.Monitor AR aging and coordinate with customers on...

  • Cash Management Processor

    4 days ago

    Ayala Alabang, National Capital Region, Philippines ADEC Innovations Full time ₱500,000 - ₱1,000,000 per year

    ADEC Innovation is a global, purpose-driven business solutions organization that specializes in integrating business process solutions with sustainability and environmental management. With a history spanning over three decades, the company was founded in Manila, Philippines, in 1996 and has since expanded its footprint to six continents with a workforce of...

  • Corporate Accounting Associate

    2 days ago

    Ayala Alabang, National Capital Region, Philippines Filinvest Group Full time ₱600,000 - ₱800,000 per year

    Filinvest Company: Filinvest Hospitality Corporation Job Description: ACCOUNTING AND FINANCIAL REPORTINGObtain and maintain a thorough understanding of the financial reporting and general ledger structure.Record financial transactions, including journal entries and adjustments.Ensure accurate and timely financial and closing reporting and submission to...

  • Process Associate

    4 hours ago

    Ayala Alabang, National Capital Region, Philippines Genpact Full time ₱900,000 - ₱1,200,000 per year

    Ready to shape the future of work?At Genpact, we don't just adapt to change—we drive it. AI and digital innovation are redefining industries, and we're leading the charge. Genpact's AI Gigafactory, our industry-first accelerator, is an example of how we're scaling advanced technology solutions to help global enterprises work smarter, grow faster, and...

  • Accounting Associate

    4 days ago

    Ayala Alabang, National Capital Region, Philippines SEE Creations Full time $40,000 - $60,000 per year

    Accounting AssociateLocation: Alabang, Muntinlupa CityJob Type: Full-timeStart Date: ASAPRole DescriptionThis is a full-time on-site role for an Accounting Associate located in Alabang, Muntinlupa City. We are looking for a detail-oriented and highly organized Accounting Associate to join our team. The ideal candidate will be responsible for ensuring...

  • Accounting Associate

    4 days ago

    Ayala Alabang, National Capital Region, Philippines Polyfoam-RGC International Full time ₱200,000 - ₱300,000 per year

    Multiflex RNC Phils, Inc. 4.18 reviews·View all jobsMuntinlupa City, Metro ManilaAssistant Accountants (Accounting)Full timeAdd expected salary to your profile for insightsPosted 1m agoMultiflex RNC Philippines, Inc. (URATEX)Km. 23 East Service Road, Cupang, Muntinlupa CityDUTIES & RESPONSIBILITIESPrepare and process check payments for suppliers in a timely...

  • Sr. Associate, Associate Relations

    4 days ago

    Ayala Alabang, National Capital Region, Philippines Capital One Full time ₱900,000 - ₱1,200,000 per year

    Alabang , Philippines, Muntinlupa City, National Capital Region (Manila)Sr. Associate, Associate RelationsSummary:To assist the Principal HR Specialist, may supervise HR Coordinators, manage and ensure day-to-day operations meet standards and achieve goals in the assigned functional area of Human Resources such as Associate Relations.General...

  • Sales Associate

    4 days ago

    Ayala Alabang, National Capital Region, Philippines Educar Shared Services Inc Full time ₱150,000 - ₱250,000 per year

    We are looking for a Seasonal Sales Associate at Rustan Design Specialists, Inc.As Seasonal Sales Associate you will support the flower shop during peak holiday seasons, ensuring excellent customer service and efficient store operations.Duties and Responsibilities:Welcome and assist customers in choosing floral arrangements, gifts, and accessories.Provide...