Senior Analyst - Accounts Receivable

As a Senior Analyst - Accounts Receivable you will be responsible for more complex research and may assist more junior team members. You will answer policy and procedure questions along with providing training when delegated by supervisor or manager. You will be responsible for ensuring application work is completed. You will assist with departmental goals and objectives or personnel in the functional area.

Responsibilities :

• Identifies and posts payments to correct customer account including more complex evaluated receipt settlement (ERS) customers. This may require detailed reconciliations as some of these customers pay per line item – need to be able to perform research within Oracle and other account receivable systems.
• Performs cash application of customer payments as documented by customer remittance advice, including clearing of customer invoices, creation of chargebacks (short payments), retaining of cash that could not be applied, and small dollar write-offs, according to established departmental guidelines.
• Prepares required journal entries either via memo trans types (transfer funds out of Oracle, transfer of funds into Oracle from acquisition bank accounts, NSFs, providing appropriate backup documentation to field accounting or other departments to enable them to record correct entry.
• Researches customer payment history and bank deposits to correct errors.
• Analyzes and accurately reconciles and account postings through research and adjustments.
• Interfaces with customers, financial services, and branch to determine appropriate receipt remittance application.
• Maintains documentation for audit purposes.
• Accesses bank deposit information and reporting for EFT, FedWire, Check, and other payment methods.
• Reviews system reports, reconcile errors, and applies payments.
• Balances, posts, and applies payments deposited to local bank accounts.
• Accesses customer websites for acquiring customer remittance documents.
• Reads, understands, and adheres to corporate and departmental policies and procedures, including Code of Business Ethics.
• Responds to inquiries received in general cash application E-mailbox from internal group for correcting and documenting any errors identified.

Qualifications :