Payment Application Analyst
Payment Application Analyst
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Not Disclosed
Salary Not Disclosed
1 Vacancy
Job Description
Reconcile all bank transmissions of lockbox/bank data daily to ensure all bank accounts are balanced to zero
Provide a defined reason for the out of balance condition
Downloading / Uploading of Bank Statement (BS) to know if there are incoming payments or deposits from customers that needs to be processed. BS summarizes deposits and other credits and checks and other debits.
Process Lockbox and identify payments not automatically captured by the system
Set up residuals according to the Residual Short Text Description Guide
Print remit detail of the banks remittance exceptions and resolve payment application issues.
Apply and record unapplied cash to customer accounts.
Retrieve remittance information from the address move it the appropriate customer folder and apply to open receivables when the payment is received.
Retrieve EFT ACH wire remittance information received and input and process remittances against customer accounts and invoices.
Check and Monitor NSFs and refunds and coordinate this to the collector assigned
Process and post of intercompany payments
Processing of Legg Payments
Qualifications :
Bachelors Degree preferably Major in Finance Business or Accounting.
25 years of professional experience in credit collections payment application deductions or other related accounts receivable functions.
Experience in Account Receivable processes Credit and Collection Cash Application. Knowledge in Billing Credit Debit and Goods return knowledge preferred.
Small group project or process improvement initiative
Excellent verbal and written communication skills.
Excellent interpersonal skills and ability to work in a multicultural setup.
Additional Information :
Replacement of Alvin Asuncion moved to new role effective April 16 2025
Ready to drive with Continental Take the first step and fill in the online application.
Remote Work :
No
Employment Type :
Fulltime
Employment Type
Full-time
