Cash Application Analyst | Finance

What do we need?

We are looking for a cash application Analyst to apply cash to inbound and outbound transactions. You will work closely with the AP/AR teams to ensure all transitions are reconciled and accurate.

This role sit with the Accounting Operations and report to the Senior Accounting Operations Supervisor

In this role you will

• Work in conjunction with their supervisor and other team members to monitor all transactions in NetSuite for all brands.
• Review Bank Statements to ensure the system matches the statement
• Ensure any open tickets are followed up on and closed.
• Payment Processing: Accurately post high-volume daily deposits (Lockbox, EFT, ACH, and manual remittances) to the correct customer accounts within an ERP system.
• Account Reconciliation: Match payments to open invoices, clear balances, and reconcile daily deposits to bank records.
• Journal Entry Posting: Working with the accounting team to post entries that are outside of accounts payable and receivables.
• Discrepancy Resolution: Research and resolve payment issues such as short payments, double payments, unidentified cash, and unauthorized deductions.
• Refund Process: Ensure all refunds are processed in a timely manner, and all documentation is accurate and complete
• Reporting & Compliance: Generate daily, weekly, and monthly reports on cash receipts, unapplied cash, and AR aging. Ensure all processes follow Standard Operating Procedures (SOPs) and support SOX or internal audit requests.
• Communication: Coordinate with customers to obtain missing remittance info and collaborate with internal sales, collections, and credit teams to resolve disputes.
• Research and compile information as requested.

We are looking for people who have a minimum of 4 years in a AP/AR or cash application position, preferably working in an enterprise level company/corporate finance team.
You will have high numeracy and literacy skills, excellent attention to detail, and the ability to consult with people at all levels. You will demonstrate the ability to self manage priorities, work in a fast paced environment, and be an excellent collaborator and team player.
The Key skills we are looking for:

• Experience ERP system- preferably Oracle NetSuite
• Reviewing Banking reports (bank statements, transactions)
• Researching transitions in the ERP to reconcile inbound and outbound payment
• Creating Journal entries
• CRM systems (such as Oracle)
• Experience working with SOX compliance in a finance environment
• Working closing with AP/AR
• Advanced skills in MSOffice and G-suite
• Working in a global finance setting and have experience in multi currency transactions

You may also have

• Experience working in a highly acquisitive environment
• Experience with business transformations and integrations