Soni ยท 2 days ago
Cash Application Analyst
Stoughton, MA
Full-time
Onsite
Entry Level
$24/hr - $25/hr
2+ years expSoni is seeking a Cash Application Analyst responsible for managing and applying incoming payments from customers to their corresponding invoices. The role involves reviewing and reconciling accounts, ensuring payment accuracy, and collaborating with other departments to resolve payment-related issues.
Recruiting
Responsibilities
Apply customer payments (checks, ACH, credit card, etc.) to their respective accounts
Ensure accurate and timely application of payments to open invoices
Handle discrepancies in payment applications and investigate discrepancies as necessary
Reconcile cash applications with customer accounts, ensuring all payments are accounted for correctly
Work closely with the collections team to resolve unapplied payments or discrepancies in accounts
Support the creation and review of customer invoices to ensure accuracy before billing
Ensure that all billed amounts align with customer contracts, pricing agreements, and sales orders
Address and resolve billing inquiries or disputes
Assist in generating reports on cash application status, aging reports, and unapplied payments
Provide regular updates to management on cash application performance and issues
Communicate with customers to clarify payment details, resolve discrepancies, or follow up on overdue payments
Maintain professional relationships with customers to ensure a smooth billing process
Maintain accurate records of payments received and applied
Document and file relevant payment details for audit and compliance purposes
Work with internal departments, including sales, finance, and customer service, to resolve billing issues and improve cash flow processes
Participate in team meetings and contribute to process improvements
Qualification
Required
Education: High school diploma or equivalent; some positions may require an associate's or bachelor's degree in accounting, finance, or a related field
Experience: 2+ years in accounts receivable, cash application, billing, or a related finance role
Technical Skills: Proficient in Microsoft Excel, ERP systems (e.g., SAP, Oracle), and payment processing tools
Attention to Detail: Ability to maintain accuracy while processing payments and resolving discrepancies
Communication Skills: Strong written and verbal communication skills, with the ability to interact with internal teams and customers
Analytical Skills: Ability to analyze payment information and identify patterns or discrepancies
Preferred
Experience with collections or customer account management
Familiarity with accounting software and ERP systems
Ability to work under pressure and meet deadlines
Strong problem-solving skills
Company
Soni
Soni is a premier staffing & recruitment company that is disrupting the human capital management space.
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
Sid Soni
Founder and CEO
Company data provided by crunchbase