Cash Applications Analyst

Job Type

Full-time

Description

Come work for a company who thinks outside the box... that’s where you’ll find us! Beyond walls, windows, boxes and the norm. Come be a part of a team where WE ARE IN IT TO WIN IT. A team that fosters and encourages creativity, resourcefulness, promoting from within, and a work-life balance. #IITFWI

Job Purpose: The Cash Application Analyst is part of the accounting process of posting, applying, and reconciling incoming payments to the appropriate customer accounts and/or invoices. The goal is to efficiently and effectively match payments to corresponding receivables, research and close out customer deductions and/or discrepancies. These deductions can include early pay discounts, coops and allowances, shortages, etc.

An individual must be able to successfully perform the essential functions of this position with or without a reasonable accommodation.

Summary Of Essential Job Duties

• Perform operational duties requiring comprehensive knowledge of current?cash application and research processes.
• Act as a resource for operational troubleshooting and guides and leads others in areas of cash applications.
• Support production objectives for payment processing while helping facilitate a team environment.
• Research deductions and discrepancies created through payment postings to support cash applications specialists in the timely resolution of open items.
• Performing weekly audit of AR receipts to bank deposits and general ledger.
• Support other AR functions such as NSF payments, check depositing, refunds and general inquiries.
• Support organization and management of payment support folders including both hard copy and electronic support of deposits and the remits outlook inbox.
• Research outstanding invoice application requests sent by collections and discrepancies in payment back up received from the customers.
• Provide analytical input in current processes and serve as a resource for ideas and improvement opportunities.
• May perform additional duties as assigned by management, including participating in or leading special cash projects and training.
  
  

Requirements

Skills/Qualifications:

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Flexible and adaptable to high paced detailed environment.
• Ability to operate independently with limited oversight, use judgement on escalated issues and maintain confidentiality while handling sensitive information.
• Ability to effectively prioritize and stay focused juggling multiple tasks and keeping track of large quantities of information.
• Skilled at conveying information to all key stakeholders verbally and in writing in a professional manner.
• Comfortable supporting and training team members, peers, and managers across various departments that may not have the same knowledge base or understanding of AR concept.
• Prepared to meet all challenges and proactively acknowledge potential issues and offer solutions.
  
  

Required Education And Experience

• 5+ years of senior accounts receivable roles.
• Associate degree preferred.
• Heavy Excel (V-Lookups, Pivot Tables, Text to Number conversions).