Analyst - Cash Application

At Trane Technologies™ and through our businesses, including Trane® and Thermo King®, we create innovative climate solutions for buildings, homes, and transportation that challenge what’s possible for a sustainable world. We’re a team that dares to look at the world’s challenges and see impactful possibilities. We believe in a better future when we uplift others and enable our people to thrive at work and at home. We boldly go.

What’s in it for you

Be part of a high-performing team driving excellence in financial processes supporting global operations. At Trane Technologies, we prioritize sustainability, continuous learning, and the well-being of our employees. You’ll join a collaborative environment where your contributions make an impact and your growth is actively supported.

Thrive at work and at home

We support our people and their families in leading fulfilling lives at work and at home through:

• An inclusive wellbeing program offering resources for physical, social, emotional, and financial health
• Comprehensive learning and development programs, including education/certification reimbursement
• A sense of belonging and connection through Employee Resource Groups
• Paid volunteer time each year
• The Trane Technologies Helping Hands Fund to assist employees during unforeseen personal hardship

Where is the work

This position is based On-Site at the Bangalore Shared Service Center.

What will you do

Key responsibilities include:

• Accurately and timely apply payments received across multiple bank accounts to North America accounts receivable portfolios
• Proactively follow up on unidentified payments and unapplied cash, minimizing variances through communication with internal and external customers
• Process AR adjustments and customer refunds per Limits of Authority (LOA)
• Process payment files according to due date schedules; communicate concerns and delays to customers/collectors
• Execute month-end activities according to checklists and timelines
• Build and maintain updated process documentation reflecting dynamic process changes
• Prepare and analyze reports to monitor process health and drive corrective actions to clear variances
• Ensure timely submission of SOX and Audit reports/supporting documentation
• Quickly escalate significant issues impacting application/adjustment processes, unapplied cash, and payment files
• Maintain high satisfaction levels with internal and external customers via innovative solutions and improvement of key performance indicators
• Liaise frequently with accounting, collections, and other teams to strengthen collaboration
• Promote a culture of continuous process improvement through lean tools and standard work
• Ensure compliance with corporate/local credit policies and regulations, including trade compliance and Sarbanes Oxley

What you will bring

• Bachelor’s degree in Accounting or Finance
• Minimum of 2 years’ relevant experience, preferably in a multinational or global team environment
• Understanding of commercial credit and collection practices; knowledge of various payment methods (wire transfer, cheque, promissory notes, direct debit)
• Experience working with Oracle ERP preferred
• Proficiency in Microsoft Excel and reporting tools
• Strong grasp of accounting concepts
• Experience with Rimilia or similar automated cash application software preferred
• Experience building teams and improving processes through lean tools preferred

Key Competencies

• Strong written and verbal communication skills
• Ability to build positive rapport across global teams
• Customer service focus, continuously seeking to exceed expectations
• High sense of urgency and responsiveness
• Resilience under pressure and a positive attitude

Career break

We recognize that life happens, and taking a career break is sometimes necessary. We welcome applicants looking to return to the workforce after time away and are committed to supporting a seamless transition back to your career.

Equal Opportunity

Trane Technologies is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, pregnancy, age, marital status, disability, status as a protected veteran, or any other legally protected status.