Analyst- Cash Application
Analyst- Cash Application
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Job Description
- Responsible for ensuring timely and accurate application of incoming payments to customer accounts.
- This role involves managing payment discrepancies supporting cash reconciliation processes and collaborating with internal and external stakeholders to resolve issues.
- The position is integral to maintaining uptodate accounts receivable records and ensuring compliance with financial policies.
- Follow established policies procedures and management guidance.
- Manage the daily cash applications activities ensuring timeliness and meeting all required SLA.
- Work closely with the team team lead/manager and relevant offshore and onshore teams within O2C Tower in reaching goals and accomplishing the team vision.
Responsibilities & Duties
- Accurately post and allocate customer payments (checks ACH wire transfers etc. to appropriate accounts in ERP systems.
- Process unapplied and unidentified payments ensuring timely resolution.
- Reconcile daily cash receipts with bank statements.
- Investigate and resolve payment discrepancies such as short payments overpayments or deductions.
- Collaborate with internal teams (e.g. PA billing) and customers to address payment issues.
- Document and escalate unresolved discrepancies as needed.
- Assist in monthend close activities including cash reconciliation and reporting.
- Generate and analyze accounts receivable reports to identify trends or irregularities.
- Support audits by providing relevant payment and cash application records.
- Identify opportunities to improve cash application processes and contribute to the implementation of best practices.
- Work with IT and finance teams to optimize system functionalities for cash application.
- Act as a point of contact for customer payment inquiries and related issues.
- Coordinate with treasury and bank teams for paymentrelated clarifications
Qualifications :
- Bachelors degree in accounting/finance or equivalent relevant courses.
- 4 years of relevant professional experience in cash application
- Advanced knowledge and understanding of accounting standards and procedures and internal controls.
- Proven experience as a cash applications or similar role
- Excellent skills in investigating/researching payment history/details
- Knowledge of billing procedures and collections
- Proficiency knowledge of MS Office and databases
- Comfortable working with targets
- Patience and ability to manage stress
- Able to handle difficult or irate stakeholders
- Problemsolving skills
- Very keen to details
- Ability to work independently and contribute to broader team objectives
- Ability to multitask and manage time amid multiple deadlines
Additional Information :
- Strong analytical and problemsolving abilities
- Interpersonal skills to communicate effectively with a wide range of positions within the organization.
- Good verbal and written communication skills; able to communicate in a clear constructive and professional manner.
- Strengthen relationships by creating and maintaining communication with internal/external stakeholders and/or team members; understand needs resolve issues and meet expectations.
- Cultural adaptability to cater clients in different regions.
- Actively look for ways to improve current process and ways of working
- Team player
- Amendable to work extended working hours on critical days (e.g. fiscal month end/quarter end/year end) Region Holidays and Weekends as needed.
About AECOM
AECOM is proud to offer comprehensive benefits to meet the diverse needs of our employees. Depending on your employment status AECOM benefits may include medical dental vision life AD&D disability benefits paid time off leaves of absences voluntary benefits perks flexible work options wellbeing resources employee assistance program business travel insurance service recognition awards retirement savings plan and employee stock purchase plan.
AECOM is the global infrastructure leader committed to delivering a better world. As a trusted professional services firm powered by deep technical abilities we solve our clients complex challenges in water environment energy transportation and buildings. Our teams partner with public and privatesector clients to create innovative sustainable and resilient solutions throughout the project lifecycle from advisory planning design and engineering to program and construction management. AECOM is a Fortune 500 firm that had revenue of $16.1 billion in fiscal year 2024. Learn more at aecom.
What makes AECOM a great place to work
You will be part of a global team that champions your growth and career ambitions. Work on groundbreaking projects both in your local community and on a global scale that are transforming our industry and shaping the future. With cuttingedge technology and a network of experts youll have the resources to make a real impact. Our awardwinning training and development programs are designed to expand your technical expertise and leadership skills helping you build the career youve always envisioned. Here youll find a welcoming workplace built on respect collaboration and community where you have the freedom to grow in a world of opportunity.
As an Equal Opportunity Employer we believe in your potential and are here to help you achieve it. All your information will be kept confidential according to EEO guidelines.
Remote Work :
No
Employment Type :
Fulltime
Employment Type
Full-time
