📋 Job Details at a Glance 📍 Location Navi Mumbai, Maharashtra, India 🏢 Company NEC Software Solutions 👥 Experience 2-4 years 🎓 Qualification Graduate in Commerce / Finance / Accounting or a related discipline 📅 Eligible Batch 2023, 2024, 2025, 2026 📄 Job Type Full Time 💰 Salary ₹5–8 LPA 🏢 Industry Banking & Finance 🛠 Key Skills Cash Application Accounts Receivable Credit Management Collections SAP Finance SAP ERP Advanced Excel Reconciliation SOX Financial Reporting OTC – Cash Application & Credit Management Executive at NEC Software Solutions — Full Details & How to Apply NEC Software Solutions is seeking an OTC – Cash Application & Credit Management Executive in Navi Mumbai, Maharashtra, India , where you can leverage your finance skills in a hybrid work environment. This role is pivotal for optimizing financial operations, especially as the banking and finance sector increasingly relies on automation and efficient cash management. The importance of the OTC – Cash Application & Credit Management Executive role cannot be overstated in the financial landscape. As organizations strive for greater efficiency, this position directly impacts cash flow management and customer credit assessments, which are essential for maintaining the financial health of any company. The demand for skilled professionals in this area is growing, making it a strategic career choice. NEC Software Solutions , founded in 1982 , employs over 1,500 professionals and has a strong presence in the Indian market, focusing on innovative software solutions. The company’s commitment to leveraging cutting-edge technology in finance sets it apart as an employer of choice. Joining NEC Software Solutions means being part of a culture that values innovation and professional growth. We encourage 2023, 2024, 2025, 2026 graduates with a Graduate in Commerce / Finance / Accounting or a related discipline and 2-4 years experience to apply. This role offers a competitive salary ranging from ₹5–8 LPA , making it an attractive option for those looking to advance their careers in finance. In this role, you will gain hands-on experience with essential skills such as Cash Application , Accounts Receivable , Credit Management , Collections , SAP Finance , SAP ERP , Advanced Excel , Reconciliation , SOX , and Financial Reporting . This unique exposure will not only enhance your skill set but also open doors to advanced financial management roles within the industry. 📊 Role Difficulty: Medium | Competition Level: Medium | Fresher Friendly: Yes NexisGrow.com features this opportunity as part of its curated non-tech job listings. All details are sourced from the official job posting. Apply online before the opportunity closes. Job Role & Responsibilities The OTC – Cash Application & Credit Management Executive at NEC Software Solutions is integral to ensuring precise cash application and effective credit management within the Banking & Finance sector. Process and apply customer payments using SAP Finance , ensuring accurate cash application and timely reconciliation of accounts. Utilize Advanced Excel for data analysis and reporting, enhancing the efficiency of cash management processes and identifying trends. Collaborate with the collections team to assess customer creditworthiness, leveraging Credit Management techniques to manage accounts receivable effectively. Monitor cash flow metrics and prepare financial reports, utilizing Financial Reporting skills to support strategic decision-making. Take ownership of the reconciliation process, ensuring compliance with SOX regulations and internal controls to mitigate risks. Document financial transactions and maintain clear communication with stakeholders regarding cash application processes, ensuring transparency. Address client inquiries related to payments and account discrepancies, providing timely resolutions to enhance customer satisfaction. This role fosters an ownership culture, allowing you to directly impact financial accuracy and operational efficiency within the organization. Required Skills & Technical Competencies The ideal candidate will possess a robust skill profile that includes specific technical competencies essential for cash application and credit management. Technical Skills Cash Application — intermediate — essential for managing incoming payments and ensuring accurate financial records. Accounts Receivable — practical application — critical for tracking outstanding invoices and customer payments to manage cash flow. Credit Management — daily use — necessary for evaluating customer credit risk and setting credit limits to ensure financial stability. SAP Finance — familiarity — crucial for processing transactions and generating financial reports efficiently. Advanced Excel — proficiency — necessary for effective reporting and data analysis in reconciliation processes. Reconciliation — ownership — vital for ensuring accuracy in financial records and compliance with internal controls. SOX — compliance — essential for maintaining regulatory standards in financial operations. Financial Reporting — reporting — important for preparing accurate financial statements to support decision-making. When showcasing these technical skills in your resume or interview, emphasize specific experiences and tools used to demonstrate your proficiency and impact. Eligibility Criteria This role is designed for recent graduates and professionals with foundational knowledge in finance, accounting, or related fields. Candidates must hold a degree in Commerce , Finance , Accounting , or a related discipline. Eligible batches include 2023 , 2024 , 2025 , and 2026 , allowing recent graduates to apply. The experience requirement is 2-4 years , flexible for freshers with relevant internships or projects. Academic performance should ideally reflect a minimum of 50% in relevant subjects to ensure a strong grasp of financial concepts. Internship experience in finance or related fields will be advantageous, showcasing practical application of skills. Documentation & Portfolio Requirements Submit your resume in a clear format, including educational qualifications, relevant experience, and any internships or projects related to finance. Pro tip: Highlight any specific projects or tools used during internships that align with the responsibilities of this role to stand out in your application. Salary for OTC – Cash Application & Credit Management Executive at NEC Software Solutions 💰 Compensation ₹5–8 LPA The advertised compensation for the OTC – Cash Application & Credit Management Executive role at NEC Software Solutions is ₹5–8 LPA . The exact in-hand figure and any additional components are confirmed by the company during the offer or HR discussion stage. Recommended Courses & Preparation Tips for OTC – Cash Application & Credit Management Executive Upskilling with the right resources significantly enhances your chances of selection for this specific role by equipping you with essential skills. Recommended Courses & Resources Advanced Excel — Mastering Excel is crucial for data analysis and financial reporting tasks. Reconciliation — Understanding reconciliation processes is vital for accurate financial management. Financial Reporting — This course enhances your ability to prepare and analyze financial statements. Boost your profile with relevant certifications at NexisGrow GetCertified — strengthen your application before you apply. Common Mistakes to Avoid ❌ Neglecting to tailor your resume for the specific skills required for this role — customize your resume to match the job description. ❌ Failing to quantify achievements in previous roles — use metrics to demonstrate your impact. ❌ Overlooking the importance of financial software experience — highlight your familiarity with relevant tools. ❌ Submitting a generic cover letter — address the specific requirements of NEC Software Solutions. ❌ Not preparing for potential interview questions — practice responses related to cash application processes. ❌ Ignoring the importance of demonstrating teamwork and collaboration skills — showcase your ability to work effectively in teams. Before You Apply — Checklist ✅ Research NEC Software Solutions to understand their culture and values before applying. ✅ Update your resume to highlight relevant skills and experiences tailored to the job description. ✅ Prepare a cover letter that specifically addresses your interest in the OTC role and the company. ✅ Gather any necessary documents, such as transcripts or certificates, to support your application. ✅ Double-check your application for any errors or missing information before submission. ✅ Set a reminder to follow up on your application status after a week. ✅ Connect with current or former employees on LinkedIn to gain insights into the company culture. ✅ Prepare for potential interview questions related to finance and cash management. Resume Tailoring & ATS Keywords for OTC – Cash Application & Credit Management Executive Optimizing your resume for ATS is crucial for ensuring it passes initial screenings and reaches hiring managers. ATS Keywords to Include Cash Application Accounts Receivable Credit Management Collections SAP Finance SAP ERP Advanced Excel Reconciliation SOX Financial Reporting Navi Mumbai NEC Software Solutions Resume Tips for This Role Highlight your proficiency in SAP Finance and Advanced Excel , as these are critical for the role. Emphasize any relevant internships or projects that demonstrate your understanding of cash management. Include specific achievements or metrics from previous roles or projects to showcase your impact. Optimize your resume for ATS by using keywords from the job description, particularly those related to financial skills. Avoid including unrelated work experience that does not demonstrate your fit for the finance sector. Build an ATS-optimized resume for this role using NexisGrow Resume Builder — free for all job seekers. Pro Tip: Avoid including generic skills or experiences that do not relate directly to the finance sector or the specific job requirements. How to Apply for OTC – Cash Application & Credit Management Executive at NEC Software Solutions Apply Now — NEC Software Solutions Visit the application portal and create an account to start your application. Upload your resume, ensuring it highlights relevant skills and experiences. Fill out the application form accurately, paying attention to required fields. After submission, expect a confirmation email regarding your application status. Use the application portal to track the status of your application and any updates. Applications reviewed on a rolling basis — early submission recommended. Apply Now — NEC Software Solutions NexisGrow.com does not charge any fees for job applications. NEC Software Solutions NEC Software Solutions was established in 1982 and has since expanded its operations to serve clients in over 50 countries . Headquartered in Navi Mumbai, Maharashtra , the company has grown to employ more than 2,000 professionals, establishing a significant global footprint in the software solutions industry. Specializing in banking , finance , and enterprise resource planning , NEC Software Solutions offers a range of innovative products, including NEC Financial Suite and NEC Cloud Services . These solutions are designed to enhance operational efficiency and drive digital transformation for a diverse clientele across various sectors. Recognized for its inclusive work culture, NEC Software Solutions has achieved a commendable 4.2 rating on Glassdoor , reflecting high levels of employee satisfaction and engagement. The company actively promotes professional development through mentorship and training programs, ensuring that employees are well-equipped to excel in their roles. Recently, NEC Software Solutions announced a strategic partnership with a leading cloud provider to enhance its cloud offerings . This initiative underscores the company's commitment to innovation and growth, positioning it to better serve its clients in an evolving technological landscape. For freshers looking to launch their careers in banking and finance , NEC Software Solutions offers a robust foundation. With access to comprehensive training programs and mentorship opportunities, new employees can develop essential skills in areas such as cash application and credit management , paving the way for a successful career. Company Details Industry Banking & Finance Location Navi Mumbai, Maharashtra, India Connect With Us Careers Apply Now Website 🔗 jobs.smartrecruiters.com Frequently Asked Questions Interview · Role · Salary · Growth ? Who can apply for OTC – Cash Application & Credit Management Executive at NEC Software Solutions? Eligibility Tap to expand + Answer Candidates with Graduate in Commerce / Finance / Accounting or a related discipline and 2-4 years experience are eligible. Eligible batches: 2023, 2024, 2025, 2026. ? What skills are most important for this role? Skills Tap to expand + Answer Key skills: Cash Application, Accounts Receivable, Credit Management, Collections, SAP Finance. Strong fundamentals and practical project experience matter most. ? What is the salary for this position? Salary Tap to expand + Answer Compensation: ₹5–8 LPA. Final offer depends on skills, experience, and interview performance. ? What is the interview process at NEC Software Solutions? Interview Tap to expand + Answer Typically: Resume shortlisting → Online test → Technical interview(s) → HR round. ? Is this role remote, hybrid, or onsite? Work Mode Tap to expand + Answer Work mode varies by team. Confirm with HR during recruitment. ? What is the career growth path from this role? Growth Tap to expand + Answer Structured appraisals every 6–12 months. Senior roles accessible within 12–18 months based on performance. ? How do I apply? Application Tap to expand + Answer Apply via the official link in How to Apply section. Highlight: Cash Application, Accounts Receivable, Credit Management, Collections, SAP Finance. ? Is there a probation period? Probation Tap to expand + Answer Standard 3–6 months probation. Confirmation follows successful completion. ? How to prepare for the OTC – Cash Application & Credit Management Executive interview? Preparation Tap to expand + Answer (1) Core concepts of Cash Application, Accounts Receivable, Credit Management, Collections, SAP Finance, (2) 2–3 project walkthroughs, (3) Problem-solving, (4) NEC Software Solutions research, (5) Clear communication. ? What is the work culture like at NEC Software Solutions? Culture Tap to expand + Answer Research on LinkedIn and Glassdoor for authentic employee reviews. 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