Cash Collection and Allocation Accountant

Hitachi Energy — Hyderabad, Telangana, India

Function Finance Our Company We’re Hitachi Vantara, the data foundation trusted by the world’s innovators. Our resilient, high-performance data infrastructure means that customers – from banks to theme parks ­– can focus on achieving the incredible with data. If you’ve seen the Las Vegas Sphere, you’ve seen just one example of how we empower businesses to automate, optimize, innovate – and wow their customers. Right now, we’re laying the foundation for our next wave of growth. We’re looking for people who love being part of a diverse, global team – and who get excited about making a real-world impact with data. Job description Job Description: Cash Collection and Allocation Department Team Overview We are the Accounts Receivable (AR) team representing Hitachi Vantara, supporting corporate clients across a wide range of industries. Our team plays a vital role in maintaining the company’s financial health by ensuring that revenues are collected accurately and in a timely manner. Our primary objective is to manage and monitor customer invoices, track outstanding balances, and follow up on overdue payments while fostering strong and professional customer relationships. By ensuring timely cash inflows, resolving billing discrepancies, enforcing credit policies, and minimizing financial risk, we help support stable cash flow and enable the business to achieve its operational and strategic goals. As part of our responsibilities, we also perform daily cash allocation by accurately applying customer payments to the appropriate invoices, maintaining multiple cash and collection reports, and providing timely and accurate updates to management. Collectively, the Cash Collection and Allocation function ensures proper receipt, application, and reconciliation of customer payments, contributing to reliable financial reporting and sustained business performance. The Role and Responsibilities Cash Collection Follow up with customers to ensure timely payment of outstanding invoices Mo

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