Bank Reconciliation and Cash Application Specialist at Solenis

Makati, Metro Manila, Philippines -

Full Time

Start Date

Immediate

Expiry Date

25 Dec, 25

Salary

0.0

Posted On

26 Sep, 25

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Bank Reconciliation, Cash Application, Accounting, Attention To Detail, SAP, Payment Discrepancies, Accounts Receivable, Cash Management, Communication, Problem Solving, Financial Records, Transaction Recording, Intercompany Payments, Netting Payments, Reporting, Research

Industry

Chemical Manufacturing

Description

We are looking for a skilled Bank Reconciliation and Cash Application Specialist to join our Credit & Collections team. The role is responsible for ensuring accurate reconciliation of bank accounts and the application of cash receipts to customer accounts. The ideal candidate will have a strong accounting background, attention to detail, and the ability to work in a fast-paced environment. Cash Application: Perform cash management activities, process and apply daily cash receipts (ACH, wire transfers, checks) to customer accounts in the accounting system. Reconcile payments received with outstanding invoices. Investigate and resolve payment discrepancies, short payments, or overpayments. Work with internal teams to ensure accurate recording of transactions. Accurately and timely perform daily cash application activities in SAP. Support for Intercompany and Netting payment activities. Communicate with internal and external customer’s in an effective and efficient manner. Bank Reconciliation: Perform daily, weekly, and monthly reconciliation of bank accounts. Identify, research, and resolve discrepancies between bank statements and internal financial records. Ensure all transactions are properly recorded and that accounts are balanced. Perform account balances prior month end book closing. Accounts Reconciliation: Reconcile accounts receivable ledgers, ensuring that all payments are properly accounted for and posted. Prepare monthly reports summarizing cash activities and balances. At Solenis, we understand that our greatest asset is our people. That is why we offer competitive compensation; comprehensive benefits, including medical, dental and vision insurance and a 401(k) plan; and numerous opportunities for professional growth and development. So, if you are interested in working for a world-class company and enjoy solving complex challenges, whether in the lab or in the field, consider joining our team. Solenis is proud to be an equal opportunity and affirmative action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin or protected veteran status and will not be discriminated against on the basis of disability. Not seeing a role that best fits your career goals? Introduce yourself to our Talent Acquisition team with a brief note on how you believe you can best apply your skills and bring value to Solenis. Solenis is a leading global producer of specialty chemicals focused on delivering sustainable solutions for water-intensive industries, including consumer, industrial, institutional, food and beverage, and pool and spa water markets. Owned by Platinum Equity, the company’s product portfolio includes a broad array of water treatment chemistries, process aids, functional additives, and cleaners and disinfectants, as well as state-of-the-art monitoring and control systems. These technologies are used by customers to improve operational efficiencies, enhance product quality, protect plant assets, minimize environmental impact, and create cleaner and safer environments. Headquartered in Wilmington, Delaware, the company has 71 manufacturing facilities strategically located around the globe and employs a team of over 15,400 professionals in 130 countries across six continents. Solenis is a 2023 US Best Managed Company.

Responsibilities

The specialist will ensure accurate reconciliation of bank accounts and the application of cash receipts to customer accounts. They will investigate and resolve payment discrepancies while communicating effectively with internal and external customers.