Cash Application Analyst

Who We Are

At Platform Science, we’re working to connect everything that moves.

Founded in 2015, we are an open IoT platform that partners with innovative fleets, application developers, vehicle manufacturers, and equipment providers in the transportation industry to deliver revolutionary solutions to supply chain professionals across the globe.

Our employees are an engaging, diverse group of people who believe in the power of great ideas. We hire people with different experiences and perspectives to build a company culture that fuels growth through innovation.

We value thoughtful actions and empathy for others. We approach challenges with resiliency and creativity, while encouraging transparency because, no matter our backgrounds or responsibilities, we are one team.

About the Role

We are looking for a talented and experienced Cash Application Analyst to join our team in North America. In this fast-paced and highly detailed role, you will perform day-to-day cash application activities such as cash posting, offset, write-offs per policy, customer refunds, month-end activities, reduce unapplied / unidentified cash and handle questions from both internal and external customers.

Essential Responsibilities

• Post manual checks, wire transfers, and ACH deposits. Run lockbox reports and post transactions and exceptions from the lockbox report
• Process and post credit card transactions/payments
• Research which invoices to properly apply cash received from customers so that the customer A/R is properly captured.
• Process customer refund requests and research customer inquiries as well as inquiries from the North America Credit Collections team on historical cash postings pertaining to a customer
• Reconcile general ledger accounts pertaining to cash application
• Perform daily offsets, write-offs, refunds and reversal as per policy
• Frequently interact with the Treasury team along with various banks, merchant services/processors, and internal/external customers
• Performing customer account reconciliation as required
• Reclassify of Non – A/R and other miscellaneous receipts received
• Collaborate with the North America Credit Collections team in order to ensure unapplied and unidentified cash are accounted for before month end / quarter end close
• Perform month end / quarter end responsibilities within the agreed timeline

Education and Experience

• Bachelor’s degree in Accounting, Finance or related field.
• About 3-5 years of direct experience in working on a multi-currency cash application team along with experience in working closely with a credit collections team.
• Must possess a solid understanding of generally accepted accounting standards
• Solid knowledge of general accounting procedures and knowledge of general ledger accounts.
• Demonstrated understanding of the entire cash application lifecycle and must be able to clearly articulate it.
• Experience with using an ERP system, payment gateways, and a variety of banking platforms.
• Demonstrated proficiency in accurate data entry along with a high level of attention to detail.
• Demonstrated experience in the month-end and quarter-end close processes for cash application along with a solid understanding of how the cash application team impacts other Treasury, Finance, and Accounting processes.
• Strong analytical, math, and account reconciliation skills.
• High level proficiency in Microsoft Office and Google Suite.
• Excellent communication, analytical, and organizational skills that are clearly demonstrated in prior experience.
• Excellent problem solving and critical thinking skills that are clearly demonstrated in prior experience.

Preferred Skills and Experiences

• CPA or MBA preferred
• Demonstrated experience and strong proficiency with NetSuite and various banking platforms such as Wells Fargo Vantage, ScotiaConnect, and Customers Bank Business Online Banking.

Platform Science Benefits Highlights

The company offers various benefits to regular, full-time employees including:

• Medical, dental, and vision insurance
• Short-term and long-term disability insurances
• ADD and life insurance
• 401k plan
• Paid vacation, sick leave and holidays
• Six weeks of paid parental leave

For more information please see the Benefits Highlights brochure for regular, full-time employees.

In addition, you can access the Benefit Highlights brochure for regular, full-time employees by copying and pasting the link into your browser: https://www.platformscience.com/benefits.

This is an exempt role. Our job titles for each posting may span across more than one job level. The estimated base salary for this role is between $57,019 and $92,700. The range displayed on each job posting reflects the minimum and maximum target range for new hire base salaries across all US locations. Compensation packages are based on many factors unique to each candidate, including but not limited to skill set, work experience, relevant trainings and certifications, business needs, market demands and specific geographical location. The base pay range is subject to change and may be modified in the future. This role may also be eligible for bonus, equity, and benefits.

Please note that the compensation details listed in US role postings reflect the base salary only, and do not include bonus, equity, or benefits.

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Qualified applications with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.

At this time we only consider candidates in these states: AL, AR, AZ, CA, CO, FL, GA, ID, IL, KY, MA, MD, MI, MN, MO, NC, NH, NV, NY, OH, OK, OR, PA, SC, TN, TX, UT, VA, WA, and WI. In the future we plan to add more states.

Beware job scams! Our recruiters use @platformscience.com emails only. We don’t interview via text/message. We don't ask for software downloads (except Zoom) or sensitive info (like SSN/bank). Suspect fraud? Report it to law enforcement [email protected].