At Trane TechnologiesTM 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 are 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 a part of our mission! As a world leader in creating comfortable, sustainable, and efficient environments, it's our responsibility to put the planet first. For us at Trane Technologies, sustainability is not just how we do business – it is our business. Do you dare to look at the world's challenges and see impactful possibilities? Do you want to contribute to making a better future? If the answer is yes, we invite you to consider joining us in boldly challenging what's possible for a sustainable world. Trane is excited to announce an incredible opportunity for a talented and motivated professional to join our team. **Thrive at work and at home:** Inclusive Wellbeing Program, with resources to support your and your family’s physical, social, emotional, and financial well-being. + Comprehensive learning and development solutions, designed to support our people in connecting and growing, including higher education/certification reimbursement. + Sense of belonging and community through our Employee Resource Groups that foster our culture of inclusion. + Volunteerism: 8 hours of paid time off per calendar year to volunteer with non-profit charitable organizations. The Trane Technologies Helping Hands Fund to support employees facing financial challenges **Where is the work** This position has been designated as On-Site Based in Bengaluru. **What will you do :** This position is responsible for the application of payments to North America and EMEA accounts receivable portfolios for Trane Technologies operations at the Bengaluru Shared Service Center. **Key responsibilities include:** + Ensure application of payments received in multiple bank accounts are applied accurately and timely to the appropriate customer account receivable. + Follow up on unidentified payments and unapplied cash. + Process AR adjustments and customer refunds as scheduled by the Limits of Authority (LOA). + Manage Month End activities in line with checklist and record all Month End related journals. + Prepare reports to check the health of the process, taking corrective actions to clear variances. + Build process documents to stay updated with dynamic process changes. + Timely submission of SOX and Audit reports/supporting documents. + Immediately communicate significant issues impacting the application/adjustment process, unapplied cash, and payment files. + Prepare reports for credit and financial functions, as required. + Maintain a high degree of satisfaction with internal and external customers through innovative solutions to consistently improve key performance indicators. + Maintain frequent communication with the accounting team, collections team, and other internal customers to foster collaboration. + Promote a culture of continuous process improvement using lean tools and standard work. + Ensure compliance with Corporate and Local credit policies, and other compliance requirements such as trade compliance, Sarbanes Oxley, etc. + Post ACH, wire transfer, and check deposits to appropriate GL cash accounts and reconcile daily cash balance to general ledger. + Respond to all the ad hoc queries within the TAT assigned. + Participate and ensure thorough sign-off for all User Acceptance Testing (UAT) as part of organizational projects related to Cash Applications. + Challenge the status quo, propose, and work on process strengthening projects/recommendations, support audit and metrics reporting, and recommend and implement controls through root cause analysis. + Lead the Cash Application team, fostering a positive and collaborative work environment. Act as Trainer, Mentor, and Support to team members to ensure high performance and continuous improvement. **What you will bring:** Strong communication skills with ability to work with cross-functional management (operations, sales, etc.). + Good analytical and investigative skills. + Ability to build positive rapport with personnel throughout the global organization. + High sense of urgency and capability to identify creative solutions to advanced, time-sensitive problems by balancing achievement of process objectives with practical considerations. + Strong customer service focus, with a drive to ensure we exceed the expectations of our customers. + Strong ability to pursue best practices in back-office operations, commitment to quality results, and overcoming obstacles in a time-sensitive environment. + Ability to juggle and prioritize multiple responsibilities while remaining calm and effective under pressure. + Include and uplift others. **Career Break** We understand that life happens, and taking a career break is sometimes necessary. We welcome applicants who are looking to return to the workforce after a period away. We will work with you to ensure a seamless transition back to your career. **Equal Employment Opportunity** We offer competitive compensation and comprehensive benefits and programs. We are 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 legally protected status.