Baker Tilly US India | Associate- Cash Applications

Responsibilities

• Review daily bank statements and incoming customer payments through wire transfers, ACH, checks, and other payment methods.
• Accurately apply and allocate customer payments against the appropriate invoices and customer accounts in the financial system.
• Review payment remittance details and investigate unidentified, unapplied, or incorrectly applied cash to ensure timely resolution.
• Perform daily cash and bank reconciliations, identifying and resolving discrepancies between bank receipts and system records.
• Partner with Billing, Accounts Receivable, Collections, Revenue Operations, and other Finance teams to resolve payment and account-related issues.
• Maintain accurate documentation and supporting records for cash application transactions, reconciliations, and audit requirements.
• Prepare and maintain cash application reports, unapplied cash reports, aging information, and other operational trackers to support Finance reporting.
• Support month-end close activities, process improvements, automation initiatives, and other Finance operations as required.
• Process cash adjustments, reapplications, refunds, and account corrections in accordance with established policies and approval requirements.

Qualifications

• 1–3 years of relevant experience in Cash Applications, Accounts Receivable, Order-to-Cash (O2C), Revenue Operations, or Finance Operations.
• Good understanding of cash applications, customer payments, bank statements, accounts receivable, invoice allocation, and reconciliation processes.
• Familiarity with unapplied cash, payment discrepancies, refunds, adjustments, and customer account reconciliation.
• Good working knowledge of Microsoft Excel, including lookups, PivotTables, data reconciliation, and basic reporting.
• Experience working with ERP/financial systems such as Workday, SAP, Oracle, NetSuite, or similar platforms is preferred.
• Strong attention to detail and accuracy, with the ability to process transactional data within defined timelines.
• Good analytical, problem-solving, communication, and stakeholder-management skills, with the ability to investigate and resolve payment-related issues.
• Ability to manage multiple priorities, work effectively in a deadline-driven environment, and collaborate with global/cross-functional teams.

Baker Tilly US, LLP

The firm's roots in the United States go back to 1931, when it began as Virchow, Krause & Company, and the current partnership was organised in 1953. It joined Baker Tilly International in 1999 and took the Baker Tilly name in 2009. It has since grown through mergers with ParenteBeard in 2014 and Squar Milner in 2020, among others. Baker Tilly provides audit and assurance, tax, and advisory services, with a CPA firm handling attest work and a separate advisory group handling tax and consulting. In 2023 it formed a joint venture with the Indian firm Pierian Services, called BT Pierian, to add service delivery capacity in India across assurance, advisory and managed services.

The openings are mostly in Bengaluru, with some roles in Gurugram and Kochi. US tax roles at manager and senior manager level ask for CPA, CA or an Enrolled Agent certification. Assurance and internal audit roles prefer CA, CPA or CIA. Other postings cover accounting advisory, transaction advisory, business valuation, corporate finance advisory, FP&A, treasury, cash applications, billing, private equity fund services and managed accounting services. Roles run from associate to senior manager, and the accounting advisory roles in Gurugram ask for CA, CPA or ACCA.

• Industry: Accounting, tax, assurance and advisory services, including managed accounting services
• Headquarters: Chicago, Illinois, United States (U.S. member firm of Baker Tilly International)
• In India: BT Pierian, a joint venture with the Indian firm Pierian Services formed in 2023; finance and accounting roles in Bengaluru, Gurugram and Kochi