Cash Application Analyst

Lennox International•Richardson, TX

2d•$39,000 - $51,500

About The Position

The Cash Application Analyst is responsible for accurately processing and applying incoming customer payments to their respective accounts within our Lennox accounting system. This includes reconciling discrepancies, resolving payment issues, and maintaining accurate financial records to optimize cash flow. This helps to support the overall financial health of the organization. The Analyst is essentially ensuring timely and correct allocation of customer payments to their invoices.

Requirements

Requires a high school diploma or an equivalent combination of education and experience.
Requires at least 1-3 years related experience.
Strong attention to detail and accuracy in data entry
Excellent analytical skills to identify and resolve discrepancies
Proficiency in accounting principles
Strong written and verbal communication skills
Ability to work independently and as part of a Team
Ability to multitask and meet deadlines

Nice To Haves

Prior experience with accounts receivable and cash application processes a plus

Responsibilities

Accurately posting customer payments from various sources like checks, ACH transfers, credit card, and wire transfers to corresponding customer accounts.
Matching customer payments with invoices and identifying any discrepancies between received payments and outstanding balances.
Investigating and resolving payment discrepancies by reaching out to the credit analyst, another Team member, or other relevant department to clarify issues and ensure proper allocation of the funds.
To develop and broaden your knowledge within the Cash Applications Team. The goal is for the Cash Applications Team to have a backup for every work function within the group.