Cash Applications Analyst

Job Description:

Our client is seeking Cash Applications Analyst to join their team. The Cash Applications Analyst independently manages complex cash application activities requiring advanced research, reconciliation, and problem-solving skills. This role serves as a knowledgeable resource for payment application processes, supports issue resolution across business functions, and identifies opportunities to improve cash application efficiency and accuracy.

Role And Responsibilities:

• Independently process and apply high-volume customer payments across multiple payment methods and business platforms. 
• Research and resolve complex unapplied cash, unidentified payments, short pays, overpayments, and account discrepancies. 
• Analyze customer accounts, payment history, contracts, invoices, and remittance details to determine appropriate application. 
• Partner with Collections, Billing, Finance, Treasury, and Operations teams to resolve payment issues. 
• Perform complex account reconciliations and identify root causes impacting cash application accuracy. 
• Research and coordinate resolution of payment exceptions requiring adjustments or corrective actions. 
• Support month-end close activities including reconciliation, aging review, and reporting requirements. 
• Monitor assigned accounts/work queues and proactively identify trends or recurring issues. 
• Develop and maintain process documentation and standard operating procedures. 
• Identify and implement process improvement opportunities that improve efficiency, accuracy, and automation. 
• Participate in system enhancements, testing, and implementation activities. 
• Provide guidance and informal training support to Analyst I team members. 
• Support SOX compliance requirements and maintain appropriate documentation. 

Mandatory Skills:

• 3+ years of cash application, accounts receivable, accounting operations, or related experience. 
• Advanced understanding of A/R processes, payment application, reconciliations, and accounting principles. 
• Strong analytical and problem-solving skills. 
• Ability to independently research complex financial transactions. 
• Advanced Microsoft Excel skills including Pivot Tables, VLOOKUP/XLOOKUP, and data analysis. 
• Strong communication skills with ability to collaborate across multiple teams. 
• Ability to prioritize workload and meet strict deadlines. 
• Experience working within ERP and financial systems. 
• Ability to identify process gaps and recommend solutions. 

Preferred Skills:

• Experience with Oracle Cloud Fusion, Great Plains, Bill.com, NetSuite, or similar ERP platforms. 
• Healthcare revenue cycle experience. 
• Experience supporting automation initiatives or reporting improvements. 
• Experience with Alteryx, Power BI, or other analytics tools. 
• Bachelor’s degree in Accounting, Finance, Business, or related field. 
• Experience supporting system implementations or upgrades. 

Salary/Rate: $22-$25/HR (depends on experience level). This is a contract position with candidates expected to work 40 hours/ week.