Cash Application Analyst

Summary

Join Platform Science as a Cash Application Analyst and perform day-to-day cash application activities, including cash posting, offsetting, write-offs, customer refunds, and month-end activities. You will research and apply cash received, process customer refund requests, reconcile general ledger accounts, and interact with internal and external customers. The role requires collaboration with the Treasury team and the North America Credit & Collections team. You will also perform month-end and quarter-end responsibilities. This fast-paced role demands strong analytical, math, and reconciliation skills, along with proficiency in Microsoft Office and Google Suite. Experience with ERP systems, payment gateways, and banking platforms is essential.

Requirements

• Bachelor’s degree in Accounting, Finance or related field
• About 3-5 years of direct experience in working on a multi-currency cash application team along with experience in working closely with a credit & collections team
• Must possess a solid understanding of generally accepted accounting standards
• Solid knowledge of general accounting procedures and knowledge of general ledger accounts
• Demonstrated understanding of the entire cash application lifecycle and must be able to clearly articulate it
• Experience with using an ERP system, payment gateways, and a variety of banking platforms
• Demonstrated proficiency in accurate data entry along with a high level of attention to detail
• Demonstrated experience in the month-end and quarter-end close processes for cash application along with a solid understanding of how the cash application team impacts other Treasury, Finance, and Accounting processes
• Strong analytical, math, and account reconciliation skills
• High level proficiency in Microsoft Office and Google Suite
• Excellent communication, analytical, and organizational skills that are clearly demonstrated in prior experience
• Excellent problem solving and critical thinking skills that are clearly demonstrated in prior experience

Responsibilities

• Post manual checks, wire transfers, and ACH deposits
• Run lockbox reports and post transactions and exceptions from the lockbox report
• Process and post credit card transactions/payments
• Research which invoices to properly apply cash received from customers so that the customer A/R is properly captured
• Process customer refund requests and research customer inquiries as well as inquiries from the North America Credit & Collections team on historical cash postings pertaining to a customer
• Reconcile general ledger accounts pertaining to cash application
• Perform daily offsets, write-offs, refunds and reversal as per policy
• Frequently interact with the Treasury team along with various banks, merchant services/processors, and internal/external customers
• Performing customer account reconciliation as required
• Reclassify of Non – A/R and other miscellaneous receipts received
• Collaborate with the North America Credit & Collections team in order to ensure unapplied and unidentified cash are accounted for before month end / quarter end close
• Perform month end / quarter end responsibilities within the agreed timeline

Preferred Qualifications

• CPA or MBA preferred
• Demonstrated experience and strong proficiency with NetSuite and various banking platforms such as Wells Fargo Vantage, ScotiaConnect, and Customers Bank Business Online Banking

Benefits

• Medical, dental, and vision insurance
• Short-term and long-term disability insurances
• AD&D and life insurance
• 401k plan
• Paid vacation, sick leave and holidays
• Six weeks of paid parental leave