Cash Analyst

SCOPE:

We are looking for a meticulous and results-driven Cash Posting Analyst to join our finance team. The Cash Posting Analyst will be responsible for accurately posting and reconciling incoming payments to customer accounts, ensuring timely and precise financial transactions. This role requires strong attention to detail, proficiency in financial software, and the ability to work effectively with other departments to resolve discrepancies.

SIGNIFICANT ACTIVITIES & DELIVERABLES

• Key Responsibilities:
  • Cash Posting: Accurately post incoming payments (checks, ACH, wire transfers, credit card payments) to customer accounts.
  • Apply payments to invoices and ensure proper allocation of funds. Process refunds and adjustments as necessary.
• Reconciliation:
  • Perform daily reconciliation of bank statements to the cash receipts ledger.
  •  Identify and resolve discrepancies between bank records and the company's accounting system.
  • Prepare monthly reconciliations for all cash accounts.
• Accounts Receivable Support:
  • Assist with managing the accounts receivable ledger and ensure all payments are accounted for and properly posted.
  • Collaborate with the collections team to address outstanding receivables and discrepancies.
  • Generate and distribute regular accounts receivable reports.
• Customer Service:
  •  Respond to inquiries from customers and internal departments regarding payment postings and account statuses.
  • Investigate and resolve issues related to misapplied payments or discrepancies.
•  Process Improvement:
  • Identify opportunities to streamline and automate cash posting processes.
  • Participate in the development and implementation of improved procedures and internal controls.
• Documentation and Reporting:
  • Maintain accurate records of all cash postings and reconciliations.
  • Prepare reports on cash posting activities and present findings to management.
  • Ensure compliance with company policies and regulatory requirements.
  • To perform other duties as assigned within scope of practice.

LEADERSHIP & TEAM REACH

• Understand and live our Core Values

SKILLS & QUALIFICATIONS

• Bachelor’s degree in Finance, Accounting, Economics, or a related field.
• 2-4 years of experience in cash management, treasury, or financial analysis.
• Strong understanding of financial statements and cash flow principles.
• Proficiency in Microsoft Excel and financial management software (e.g., SAP, Oracle).
• Excellent analytical and problem-solving skills.
• Strong attention to detail and organizational skills.
• Effective communication and interpersonal skills.
• Ability to work independently and as part of a team.
• Professional certification (e.g., CTP, CFA) is a plus.

PHYSICAL & MENTAL DEMANDS

• Operates in a professional office environment.
• Regularly required to stand, walk, sit for long periods of times, talk, and hear.
• Repeating motions that may include the wrists, hands and/or fingers, with the ability to reach with hands and arms.
• This position requires the ability to occasionally lift office products and supplies, up to 20 pounds.

COMPANY OFFERED BENEFITS

• As Christensen continues to fuel exponential growth, we pursue to offer a diverse portfolio of benefits coupled with our compensation and bonus incentive programs. A few elements of our benefit programs include:
• Health Insurance Benefits:
  • Medical, Dental, Vision, plus Ancillary Plans.
  • Flexible Spending Accounts for Health and Dependent Care, and Health Savings Accounts.
  • Company provided long term disability and up to $50,000 of life insurance.
• 401(k) plan with a generous company contribution.
• Paid time off in addition to 7 company paid holidays.
• Parental Leave Program.
• Employee Assistance Program.
• Employee Recognition Program.
• Employee Referral Bonus Program.