FinOps Analyst - AR

Job Description
GAR (Global Accts Rec) is looking for Cash Application Analyst responsible for posting payments from the lockbox, ACH, and wire transfer to customer accounts. This role includes cash application and reconciling payments, communicating cash adjustments, and reducing un-applied cash receipts on aged accounts receivable. This position also requires research on missing, unidentified and rejected funds and collaborating with various internal departments to apply payments timely and accurately. Successful candidate is expected to analyze reports and reconciles large amounts of data with the ability to communicate results to management.



Key job responsibilities
Summary of Responsibilities

Understanding of Accounts Receivables process
Post daily receipts (wires/ACH/checks) and credit/debit memos on a timely basis in order to ensure accurate maintenance of accounts receivable balances
Contact customer, collections and business partners to obtain remittance details
Research and resolve misapplied and unidentified cash receipts in ERP
Identify and manually tag all customer remit discrepancies and short payments.
Undertake tasks as requested by the Team Leader that may involve testing and process improvement.
Assist in streamlining and improving the accounts receivable process by identifying areas of improvement
Maintain, prepare and distribute daily and monthly reporting to Supervisor, and other stakeholders
Meet the monthly productivity goals
Identify and reconcile payment differences, post short/over payments, deductions on account and partial payments and appropriately code all reconciling transactions
Utilize shared mailboxes and customer web portals to identify, retrieve and organize remittance details. Basic Qualifications & Skills

Degree in Finance/Accounting/Business Studies or other related areas
2 to 4 years of experience in Accounts Receivables
Strong detail-orientation with a penchant for data accuracy
Ability to research, interpret and reconcile data
Strong communication skills, both written and verbal
Good interpersonal skills and team player
Ability to take initiatives, meet tight deadlines and prioritize workload
Proficient in Microsoft Excel