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Cash Applications Analyst

Company: Genuent
Location: Costa Mesa
Posted on: September 23, 2022

Job Description:

Cash Application Analyst - Long Term Project - Newport Beach (Onsite)

Genuent is becoming INSPYR Solutions and hiring a Cash Application Analyst. This is a long-term project for candidates located in Newport Beach, if interested please contact Kennede Calhoun at Kcalhoun@inspyrsolutions.com

The Client Billing department is comprised of revenue professionals focused on three functional areas: Billing, Reporting, and Cash Applications. The department is responsible for calculating, invoicing, and collecting separate account revenue for all entities and we are seeking highly motivated and intellectually curious Analysts to join our team and support the Cash Applications team.

Cash Applications Analysts have a unique opportunity to drive operational excellence by understanding global payments processes, analyzing multi-element payments, and determining solutions to team challenges. Automation projects add another opportunity to bring value to this role.

Responsibilities: Download bank deposits daily. Identify and apply client payments into General Ledger timely.
Identify and report all non-AR payments.
Monitor collections reports.
Apply collections policy to all outstanding items, action correspondence efforts, and escalation.
Prepare reports for distribution to Account Managers and Senior Management every month.
Coordinate with global colleagues in Account Management, Accounting, and other parties to resolve issues promptly and efficiently
Prepare monthly write-off reports.
Complete write-offs in the General Ledger system once proper approvals are obtained
Reconcile bank deposits with AR postings at month-end
Respond to internal and external inquiries regarding open balances and communicate with clients or client service professionals

Qualification: Minimum of a Bachelor's Degree in Finance, Accounting, Economics
Minimum 2 years of progressive experience in A/R, accounting, and collections roles
Strong accounting fundamentals
Possess intellectual curiosity and strong analytical and critical thinking skills, including the ability to effectively and autonomously problem solve

Strong sense of urgency and ability to work under pressure in a fast-paced and demanding environment, which includes handling multiple tasks and challenging deadlines
Superior written and verbal communication skills with the ability to engage professionally and succinctly with all levels across the firm
Ability to work with a strong sense of accountability, integrity, and ownership
Intermediate proficiency in Microsoft Office Suite, including Excel and Outlook
Familiar with SAP or other large ERP systems
Committed to values: Collaboration, Openness, Responsibility, and Excellence that allow us to bring the best to our clients and each other

Professional Skills Requirements Exceptional organizational skills, including the ability to multi-task and manage many ongoing initiatives
Demonstrated ability to deliver on assigned responsibilities through pursuing excellence, impeccable attention to detail, and use of effective interpersonal and communication skills
Flexibility to adapt to shifting priorities, manage deadlines, and support dynamic initiatives in a fast-paced environment
Inquisitive self-starter and quick learner; adaptable to learn new processes, concepts, and skills

Keywords: Genuent, Costa Mesa , Cash Applications Analyst, Accounting, Auditing , Costa Mesa, California

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