Cash Application Specialist at Vontive

Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia

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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

Key technologies and capabilities for this role

Payment PostingPayment AllocationBank ReconciliationDispute InvestigationJDEMicrosoft OfficeERPProject Coordination

Questions & Answers

Common questions about this position

What experience is required for the Cash Application Specialist role?

A minimum of 1 year of experience in accounts receivable, cash application, or a similar role is required. Candidates should also be pursuing a degree in Accountancy, Business, or a relevant field.

What skills are needed for this position?

Proficiency in Microsoft Office and any ERP system is preferred, along with strong attention to detail, organizational skills, good communication, coordination abilities, willingness to learn, and ability to work in a team.

What is the salary or compensation for this role?

This information is not specified in the job description.

Is this a remote position, or is there a location requirement?

This information is not specified in the job description.

What is the company culture like at Vantive?

Vantive fosters a community of focused, courageous people who don't settle for mediocre, are driven to improve patients' lives worldwide, and work in a fast-paced team environment.

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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