Cash Application Analyst I

The Cash Application Analyst will manage and streamline the process of applying incoming payments to customer accounts within the media industry of approximately 2 billion USD yearly. Their responsibilities include accurately reconciling payments, resolve discrepancies, reconciling tax withholdings certificates and maintaining detailed records. The Cash Analyst will work closely with multiple teams to ensure timely and correct application of cash, improving cash flow and financial accuracy. The Cash Analyst role is crucial in supporting the organization’s financial operations, enhancing customer satisfaction, and contributing to the overall efficiency of media-related transactions., n \n

• Cash application for the CBS TV Stations. \n

• Review wire transfers and checks received and apply them to customers. \n

• Create credit/debit memos to adjust the AR for charge backs, refunds and to adjust cash that has been posted incorrectly. \n

• Work closely with the collections team to apply cash to corresponding invoices. \n

• Prepare daily cash received report. \n

• Balance and maintain the daily cash receipts accounts for the group including the recording of all journal entries to the G/L. \n

• Work closely with the treasury team to identify unknown wire transfers. \n

• Ensure unapplied payments get resolved and applied timely. \n

• Process manual credit cards, wire transactions and over the counter deposits. \n

• Post sundry receivables deposited to the miscellaneous lockbox. \n

• Play an active role during month end close. \n

• Assist stations with requests for backup of checks as well as research and resolve inquiries from stations. \n

• Special projects related to accounts receivables. \n

• Ad-hoc internal and external audit reports. \n

• Active participation in with audits. \n

• 1-2 years Accounting or Account receivables experience required. \n

• Experience or knowledge of checks, wire transfers, payment remittance required. \n

• Strong language skills (English/Spanish is a plus). \n

• Excel & Word exclusive. \n

• Detail oriented with strong analytical skills. \n

• Team Player, have strong interpersonal skills, with the ability to build and maintain positive working relationships. \n

• Ability to multitask, prioritize and meet aggressive deadlines. \n

• Proactive and ability to operate in a fast-paced environment. \n

• Team oriented person who can focus on details and follow up. \n

• Ability to work with worldwide team.