[Hiring] Cash Application Analyst @Dotmatics

Role Description

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 sits with the Accounting Operations and reports to the Senior Accounting Operations Supervisor.

• 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: Work 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.

Qualifications

• A minimum of 4 years in an AP/AR or cash application position, preferably working in an enterprise-level company/corporate finance team.
• High numeracy and literacy skills.
• Excellent attention to detail.
• Ability to consult with people at all levels.
• Ability to self-manage priorities and work in a fast-paced environment.
• Excellent collaborator and team player.

Requirements

• Experience with ERP systems - preferably Oracle NetSuite.
• Reviewing banking reports (bank statements, transactions).
• Researching transactions in the ERP to reconcile inbound and outbound payments.
• Creating journal entries.
• Experience with CRM systems (such as Oracle).
• Experience working with SOX compliance in a finance environment.
• Working closely with AP/AR.
• Advanced skills in MS Office and G-suite.
• Experience working in a global finance setting and handling multi-currency transactions.

Benefits

• Dynamic, remote-friendly environment.
• Collaborative global team.
• Opportunity to have a tangible impact on scientific progress and discovery.