Analyst / Sr.Analyst

Shift Timings:  Night shifts                                                                                                                                                        Role Overview:

A Cash Application Specialist is responsible for ensuring that customer payments are accurately and promptly applied to their respective accounts. This role plays a critical part in maintaining the accuracy of the accounts receivable ledger and supporting overall cash flow management.

Roles And Responsibilities:

Payment Processing:

Accurately post customer payments received via bank transfers, checks, credit cards, and other payment methods to the correct customer accounts and invoices.

Reconcile unapplied payments and resolve discrepancies in a timely manner.

Cash Posting And Reconciliation:

Match remittance details to open invoices and ensure proper allocation of funds.

Reconcile daily cash receipts and prepare related reports for the finance team.

Research And Resolution:

Investigate and resolve unapplied or misapplied payments by liaising with customers, banks, and internal teams.

Address discrepancies between invoices, payments, and remittance advice.

Process Improvement:

Identify gaps in the current cash application process and recommend improvements to streamline workflows and reduce manual intervention.

Collaborate with IT and other stakeholders to implement automation tools or enhancements.

Reporting:

Generate daily, weekly, and monthly reports related to cash application, unapplied payments, and key performance metrics.

Provide updates on critical issues or trends affecting the accounts receivable process.

Customer And Internal Communication:

Communicate with customers to obtain remittance details or clarify payment discrepancies.

Work closely with the collections team to ensure alignment on overdue payments and resolution of account issues.

Compliance And Documentation:

Ensure all cash application processes comply with company policies and accounting standards.

Maintain detailed records of all payment transactions and adjustments for audit purposes

Maersk is committed to a diverse and inclusive workplace, and we embrace different styles of thinking. Maersk is an equal opportunities employer and welcomes applicants without regard to race, colour, gender, sex, age, religion, creed, national origin, ancestry, citizenship, marital status, sexual orientation, physical or mental disability, medical condition, pregnancy or parental leave, veteran status, gender identity, genetic information, or any other characteristic protected by applicable law. We will consider qualified applicants with criminal histories in a manner consistent with all legal requirements.

We are happy to support your need for any adjustments during the application and hiring process. If you need special assistance or an accommodation to use our website, apply for a position, or to perform a job, please contact us by emailing  accommodationrequests@maersk.com.