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Boston University · 1 week ago

CASH APPLICATION ANALYST, Research Finance & Property Management

Boston, MA

Full-time

Onsite

Entry, Mid Level

$60K/yr - $70K/yr

2+ years exp

Boston University is a prominent educational institution seeking a Cash Application Analyst to join their Research Financial Operations team. The analyst will be responsible for the accurate application of payments related to sponsored programs, ensuring compliance with award terms and institutional policies while collaborating with various departments to resolve payment discrepancies.

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Responsibilities

Upload daily bank files into the financial system. Investigate and resolve unmatched payments using remittance advice, sponsor communication or internal records. Escalate unresolved items timely and appropriately

Apply incoming payments (ACH, wire, checks) to sponsored research accounts in accordance with award terms and University policies

Reconcile sponsor payments against invoices and award records, ensuring accuracy and compliance with federal, state, and sponsor-specific guidelines

Investigate and resolve payment discrepancies, overpayments, and unapplied funds in collaboration with internal departments and external sponsors

Maintain detailed documentation of payment activity and support audit readiness for sponsored research accounts

Contribute to the development and refinement of policies, procedures, and internal controls related to incoming payments

Support system upgrades and automation initiatives to improve efficiency and data integrity

Assist management with ad hoc projects, property data analysis, and other related assignments as required

Qualification

ExcelCash managementDetail orientedCommunication skillsData analysisSAPOrganizational skillsTime managementTeam collaboration

Required

Bachelors degree in a related field

2 -3 years of work experience, preferably in a university or cash management environment

Strong organizational, time management, written and verbal communication skills

Must be highly detail oriented with the ability to multi-task and prioritize routine tasks and ad-hoc requests

Intermediate skills utilizing Excel, including complex formulas to acquire, organize, and analyze data

Ability to work (both independently and in conjunction with others) effectively and cooperatively in a small, collegial team environment

Preferred

Experience with analyzing detailed records, legacy accounting systems, and SAP

Benefits

Health

Dental

Life insurance

Paid time off

Tuition remission for courses at Boston University

Company

Boston University

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Boston University is one of the leading private research and teaching institutions in the world today, with three primary campuses in the heart of Boston and programs around the world.

Founded in 1848

Boston, Massachusetts, USA

5001-10000 employees