Cash Application Controllers Coordinator

At Dow, we believe in putting people first and we’re passionate about delivering integrity, respect and safety to our customers, our employees and the planet.

Our people are at the heart of our solutions. They reflect the communities we live in and the world where we do business. Their diversity is our strength. We’re a community of relentless problem solvers that offers the daily opportunity to contribute with your perspective, transform industries and shape the future. Our purpose is simple - to deliver a sustainable future for the world through science and collaboration. If you’re looking for a challenge and meaningful role, you’re in the right place.

About you and the role As a Cash Application Controllers Coordinator, you are responsible for managing daily cash application transactions. You ensure the accuracy and integrity of all accounting transactions, including timely account reconciliations. You also build strong connections with business focal points, managers, bank and treasury teams, receivable specialists, and other internal stakeholders so you can discuss and resolve incoming issues in a timely, constructive, and effective manner.

Your primary responsibilities include, but are certainly not limited to:

• Perform cash applications for different types of payment methods, electronic wire transfer, Cheques etc.

• Identify and transfer the wrong company payment to the respective account.

• Process payment discrepancies in accordance with business rules in SAP.

• Compare daily bank transmissions to bank listings to ensure all expected receipts are processed accurately.

• Account Reconciliation Accounts prepare an internal reviewer before submission for certification.

• Monitor and review aged payment pending and follow up with appropriate stakeholder or treasury.

• Payment reversal, Wrong Company payment transfer, Unidentified payment follow-up and netting as per request.

• Ensure accuracy and integrity of all accounting transactions.

• Monthly and quarterly closing following the global closing schedule.

• Provide support for the audit requests.

• Daily work allocation and keep updated to focal for the progress.

• Functional Mailbox Monitoring and allocation to ensure requests are answered with in 24hours.

• Process documentation and changes need to be updated as per requirements.

• Provide support to process coordinator and timely escalate the issue to process specialist for next level support.

Required qualifications

• Bachelor’s degree in accounting, Finance, Business Management and Business Administration degrees is preferred.

• Minimum 3years of working experience in accounting, with SAP knowledge.

• Fluent in English Spoken and written

• Proficiency in MS Excel and MS tools is expected.

Preferred Skills

• Order to Cash.

• Accounts Receivable.

• Recordkeeping.

• Bank Reconciliations.

• Generally Accepted Accounting Principles (GAAP)

• Teamwork.

• Active Listening.

• Cash Application. Wire Transfer and Cash-Handling.

• Effective communication.

Additional information Relocation assistance is not available for this Job

Benefits – What Dow offers you

We invest in you.

Dow invests in total rewards programs to help you manage all aspects of you: your pay, your health, your life, your future, and your career. You bring your background, talent, and perspective to work every day. Dow rewards that commitment by investing in your total wellbeing. Here are just a few highlights of what you would be offered as a Dow employee:

• Equitable and market-competitive base pay and bonus opportunity across our global markets, along with locally relevant incentives.

• Benefits and programs to support your physical, mental, financial, and social well-being, to help you get the care you need...when you need it.

• Competitive retirement program that may include company-provided benefits, savings opportunities, financial planning, and educational resources to help you achieve your long term financial-goals.

  • Employee stock purchase programs (availability varies depending on location).

• Student Debt Retirement Savings Match Program (U.S. only).

  • Dow will take the value of monthly student debt payments and apply them as if they are contributions to the Employees’ Savings Plan (401(k)), helping employees reach the Company match.

• Robust medical and life insurance packages that offer a variety of coverage options to meet your individual needs. Travel insurance is also available in certain countries/locations.

• Opportunities to learn and grow through training and mentoring, work experiences, community involvement and team building.

• Workplace culture empowering role-based flexibility to maximize personal productivity and balance personal needs.

• Competitive yearly vacation allowance.

• Paid time off for new parents (birthing and non-birthing, including adoptive and foster parents).

• Paid time off to care for family members who are sick or injured.

• Paid time off to support volunteering and Employee Resource Group’s (ERG) participation.

• Wellbeing Portal for all Dow employees, our one-stop shop to promote wellbeing, empowering employees to take ownership of their entire wellbeing journey.

• On-site fitness facilities to help stay healthy and active (availability varies depending on location).

• Employee discounts for online shopping, cinema tickets, gym memberships and more.

• Additionally, some of our locations might offer:

  • Transportation allowance (availability varies depending on location)
  • Meal subsidiaries/vouchers (availability varies depending on location)
  • Carbon-neutral transportation incentives e.g. bike to work (availability varies depending on location)

Join our team, we can make a difference together.

About Dow Chemical International Pvt Ltd Dow Chemical International Private Limited (Dow India) aims to be the most innovative, sustainable, inclusive customer-centric materials science company. The company is committed to delivering the right solutions to its customers’ challenges. With broadest technology sets spanning performance materials, industrial intermediates, and plastics Dow India delivers differentiated science-based products and solutions in high-growth segments, such as packaging, infrastructure, automobile, and consumer care.

A Great Place to Work® Certified company with approximately over 1000 employees, its operations comprise of manufacturing sites, innovation center, established centers of excellence, and commercial office. As a responsible corporate, the company supports its Corporate Social Responsibility (program) with technology expertise and employee volunteerism. Dow India works with non-profit partners towards the empowerment of differently abled, women, and children in communities where it operates. The company aims to redefine the societal blueprint, by supporting holistic sustainability and circular economy initiatives.

As part of our dedication to inclusion, Dow is committed to equal opportunities in employment. We encourage every employee to bring their whole self to work each day to not only deliver more value, but also have a more fulfilling career. Further information regarding Dow's equal opportunities is available on www.dow.com.