Cash Application Specialist (Contractor)

Position: Cash Application Specialist(Contractor)

Role Description This role is a contract assignment at Palo Alto Networks. Contractors will not be employed by Palo Alto Networks but through our trusted staffing partners. Location - Bengaluru, India (Hybrid)1 Duration – 12 Months

Our Mission At Palo Alto Networks®, everything starts and ends with our mission: Being the cybersecurity partner of choice, protecting our digital way of life. We have the vision of a world where each day is safer and more secure than the one before. These aren’t easy goals to accomplish — but we’re not here for easy. We’re here for the better. We are a company built on the foundation of challenging and disrupting the way things are done, and we’re looking for innovators who are as committed to shaping the future of cybersecurity as we are. Disruption is at the core of our technology and on our way of work to meet the needs of our employees now and in the future through FLEXWORK, our approach to how we work. We’re changing the nature of work from benefits to learning, location to leadership, we’ve rethought and recreated every aspect of the employee experience at Palo Alto Networks. And because it FLEXes around each individual employee based on their individual choices, employees are empowered to push boundaries and help us all evolve, together.

Your Career Palo Alto Networks is looking for a Cash Application Specialist to help drive external and internal customer service quality and cash application process efficiencies through the Company’s continued high pace of growth. This person will perform daily cash application tasks while working with key stakeholders, support projects, and participate in process improvements in a fast-paced environment.

Your Impact Daily processing of customer payments, including payments made by credit card, lockbox, ACH/Wire, branch deposits and posting to customer accounts. Post Payments Reconciliation including payment issues and discrepancies. Coordinate with Collections, Billing, and Credit teams to research unidentified cash, short payments, deductions, and customer disputes. Maintain accurate documentation and audit trails ensuring timely resolution of open items and adherence to internal controls. Own monthly accounts receivable close procedures, including preparation of journal entries, GL reconciliations, uploading transactions to SAP, and close presentations for financial documents. Ensure compliance with SOX 404 key controls. Follow collection practices and policies that motivate partners to pay, lowering bad debt, improve cash flow, and boost corporate profitability. Prepare schedules to support external audit and internal team deliverables. Support accounts receivable related system implementations and perform or review user acceptance testing. Assist with special projects and ad hoc requests as needed. Identify and collaborate with cross-functional business partners and third parties to implement best practices, automation and continuous process improvements.

Qualifications

Your Experience Bachelor's degree in Accounting or Finance or relative area with 1+ years experience or 3+ years of related experience in lieu of a degree (high tech company experience preferred) SAP experience a must Experience with HighRadius, Salesforce, GETPAID, Solifi are a plus Experience with high technology clients in the Hardware, Software and/or SaaS space a plus Familiarity with close processes, account reconciliation, and journal entry preparation Critical thinker with a risk-based approach mindset and strong problem-solving skills Ability to build relationships across multiple functions and implement new processes Strong organizational skills with the ability to manage competing priorities and execute with accuracy and efficiency Intermediate to advanced Excel skills required Proficiency in Google Suite a plus

Additional information Your Team Our Accounts Receivable team responds to external and internal requests daily, supports non-standard transactions and works cross-functionally with key stakeholders. The ideal candidate has a keen eye for detail, high level of accuracy, resourceful, organizational and time management skills. We partner closely with credit and collections, order fulfillment, revenue, and other operational stakeholders to ensure proper billings and provide solutions to our customers’ needs. If you have a passion for customer service, want to enhance your accounts receivable experience, and seek to be part of a team that is solving challenging problems – this is it.

Our Commitment We’re trailblazers that dream big, take risks, and challenge cybersecurity’s status quo. It’s simple: we can’t accomplish our mission without diverse teams innovating, together. We are committed to providing reasonable accommodations for all qualified individuals with a disability. If you require assistance or accommodation due to a disability or special need, please contact us at accommodations@paloaltonetworks.com. Palo Alto Networks is an equal opportunity employer. We celebrate diversity in our workplace, and all qualified applicants will receive consideration for employment without regard to age, ancestry, color, family or medical care leave, gender identity or expression, genetic information, marital status, medical condition, national origin, physical or mental disability, political affiliation, protected veteran status, race, religion, sex (including pregnancy), sexual orientation, or other legally protected characteristics.