Cash Applications Accounts Receivable Specialist

3 days ago


Philadelphia, Pennsylvania, United States Audacy Full time
About the Role

Audacy, Inc. is seeking a skilled Cash Applications Accounts Receivable Analyst to join our team. As a key member of our finance department, you will play a critical role in ensuring the accuracy and efficiency of our cash application processes.

Responsibilities
  • Perform cash accounting functions by reviewing, verifying, and reconciling accounts to ensure financial statements are accurate and up-to-date.
  • Identify and remediate account discrepancies to produce accurate and credible financial information.
  • Resolve and adjust bank accounts for discrepancies between General Ledger and bank statements to ensure financial statements are accurate.
  • Analyze critical accounts such as the cash clearing accounts and calculate financial adjustments to ensure proper accounting of cash.
  • Complete daily reconciliations of Customer Pay Portal and work closely with remote Cash Application Team and Governance Team staff to ensure completeness and accuracy of daily cash postings.
  • Resolve discrepancies within the accounts receivable balance and provide resolution recommendations.
  • Resolve open disputes by collaborating with sales, customer service, finance, and external customers.
  • Identify process improvement opportunities and technology enablers to enhance our cash application processes.
  • Maintain adequate balance between supporting sales and ensuring financial policies are followed as prescribed by finance audit requirements.
  • Strive to improve relationships with global Invoice-to-Cash center and the local business office team members.
  • Assess compliance with internal customer service level agreements (e.g., timeliness, quality, productivity).
Requirements
  • Excellent written and verbal communication skills.
  • Ability to meet strict deadlines and make informed decisions.
  • Ability to work in a fast-paced environment.
  • Adaptable to new ideas and ways of accomplishing tasks and projects.
  • Ability to research, interpret, and reconcile data.
  • General knowledge of financial controls.
  • An overall understanding of the Order to Cash process.
  • Experience in process improvement activities.
  • Experience in Business Process Operation/Shared Service environment is preferred.
  • Experience interfacing with internal/external customers.
  • Ability to work in a team environment adaptable to new ideas and ways of accomplishing tasks and projects.
Preferred Qualifications
  • Bachelor's degree in Accounting or Finance.
  • 3-5 years of cash application related work experience.
Software to be used
  • MS Office (Especially Excel).
  • Wide Orbit Traffic (ERP System).
  • Wide Orbit Payment Portal.
About Audacy

Audacy, Inc. is a leading multi-platform audio content and entertainment company that connects with 200 million consumers. We are committed to equal employment opportunity and affirmative action for all employees and applicants without regard to race, color, religion or religious creed, sex/gender (including pregnancy, childbirth, breastfeeding, or related medical conditions), sexual orientation, gender identity, gender expression, national origin, ancestry, age (over 40), physical or mental disability, medical condition, genetic information, marital status, military or veteran status, or other classification protected by applicable federal, state, or local law.



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