Cash Application Specialist at Vontive

Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia

Vontive Logo
Not SpecifiedCompensation
Internship, Entry Level & New GradExperience Level
Full TimeJob Type
UnknownVisa
Healthcare, Kidney Care, Medical DevicesIndustries

Requirements

  • Pursuing a Degree in Accountancy, Business or any other relevant fields
  • Proficiency in Microsoft Office and any ERP system is preferred
  • Minimum of 1 year of experience in accounts receivable, cash application, or a similar role
  • Strong attention to detail and organizational skills
  • Good communication and coordination abilities
  • Willingness to learn and take initiative in a fast-paced environment
  • Ability to work in a team environment

Responsibilities

  • Payment Posting: Posting customer payments based on Bank Statement and ensuring payment posted to correct customer accounts as per guidelines
  • Payment Allocation: Allocate the payment to respective invoices based on remittance advice received
  • Daily / Monthly Reconciliation: Cross checks the receipt posted in JDE versus Bank Statement to ensure no duplication or any payment miss out
  • Dispute Investigate: Investigating unidentified or unapplied payments, duplicate payments, and other payment discrepancies
  • Documenting and Administrative Support: Maintaining accurate records of payment applications, preparing reports, and communicating relevant information to the team and other departments
  • Project Coordination: Lead and coordinate a team-building activity project for the C2C team, from planning to execution

Skills

Payment Posting
Payment Allocation
Bank Reconciliation
Dispute Investigation
JDE
Microsoft Office
ERP
Project Coordination

Vontive

Provides investment property mortgage solutions

About Vontive

Vontive provides investment property mortgages using technology to simplify and speed up the loan process. Their main product is a "bolt-on" technology that allows retail brands to easily launch their own mortgage services without needing programming skills. This no-code solution can be set up in just a few weeks, making it quicker for brands to offer mortgages. Vontive stands out from competitors by acting as a bridge between real estate investors, lenders, and capital providers, charging fees for their services that reduce traditional risks and inefficiencies in real estate financing. The company's goal is to modernize the investment real estate market by making the mortgage process more efficient and transparent for both retail brands and financial institutions.

San Francisco, CaliforniaHeadquarters
2017Year Founded
$32.1MTotal Funding
DEBTCompany Stage
Financial Services, Real EstateIndustries
11-50Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
Unlimited Paid Time Off
Parental Leave
Short- and Long-term Disability Coverage
Life Insurance
Wellness Program

Risks

Increased competition from fintech companies could erode Vontive's market share.
Potential regulatory scrutiny may lead to higher compliance costs and challenges.
Economic downturns could impact demand for investment property mortgages.

Differentiation

Vontive offers a no-code, white-label mortgage solution for real estate investors.
The platform integrates financial institutions through a unique debt marketplace.
Founded by industry veterans, Vontive leverages decades of mortgage and financial expertise.

Upsides

Vontive ranked #10 on the 2022 Deloitte Technology Fast 500 with 9,154% growth.
The company has financed over $1.1 billion in residential properties since April 2022.
Vontive's B2C ecosystem reaches over 1.5 million real estate investors.

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