Accounts Receivable Analyst
4 days ago
The Accounts Receivable (Cash Apps) Analyst is responsible for managing and processing customer payments, ensuring accurate and timely cash application to customer accounts. This role involves reconciling payments, resolving discrepancies, and supporting financial accuracy and efficiency within the organization. The analyst also ensures compliance with company policies and accounting standards while collaborating with internal and external stakeholders.
II. Duties and Responsibilities
Cash Application and Reconciliation
1. Process and apply customer payments (checks, wire transfers, credit card transactions) accurately and efficiently within two (2) business days.
2. Reconcile daily cash receipts to bank deposits and accounts receivable ledgers.
3. Investigate and resolve discrepancies between payments received and invoices.
Accounts Receivable and Collections Support
4. Assist in monitoring customer account balances and outstanding invoices.
5. Work with the collections team to follow up on past-due accounts.
6. Ensure accurate documentation of payment-related transactions.
Compliance and Reporting
7. Ensure compliance with internal controls, accounting policies, and regulatory requirements.
8. Prepare cash application reports and accounts receivable aging analysis.
9. Support internal and external audits by providing necessary documentation and reconciliations.
Customer and Internal Collaboration
Serve as a point of contact for customers regarding payment allocations and inquiries.
Collaborate with sales, finance, and operations teams to resolve billing and payment issues.
Assist in process improvements and automation initiatives to enhance efficiency.
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