Factory Motor Parts of Calif.inc logo

A/R And Cash Applications Analyst

Factory Motor Parts of Calif.incEagan, MN

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Job Description

Primary responsibilities are to analyze A/R and Cash Application processes and procedures to effectively apply cash received to customer accounts with minimal error and rework.

DUTIES & RESPONSIBILITIES:

The A/R Cash Applications Analyst will have content expertise in the following areas and will be responsible for the following reporting and communication requirements as deemed appropriate by the Senior Manager- Cash Apps.

  • Originate, lead, and/or participate in projects designed to improve Cash Application processes.
  • Accurately apply cash to customer accounts in the most efficient way possible.
  • Reconcile customer remittance information and appropriately apply all cash to customer accounts using customer remittance information provided, or through Excel spreadsheets and High Radius uploads into the A/R system.
  • Help ensure the integrity of all the cash application systems and processes.
  • Participate in projects designed to improve cash application processes or procedures and/or processes and procedures that affect cash application accuracy and completion.
  • Establish regular communication of appropriate A/R and Cash Application information with the Senior Manager- Cash Apps.
  • Effectively communicate Cash Application information (metrics, performance. Areas of concentration/improvement) to all levels of management as requested.
  • Provide assistance to location managers, sales people, and customer service on cash application issues.
  • Establish and maintain positive relationship/communication with other departments.
  • Research and review customer remittances and deductions to assist with accurate application to the A/R system.
  • All other duties as assigned.

KNOWLEDGE, SKILLS & ABILITIES AND WORK ENVIRONMENT:

  • Advanced knowledge of Microsoft Suite, particularly Microsoft Excel (using macros, pivot tables, v lookups)
  • Familiarity with High Radius Cash Application preferred
  • Advanced knowledge of Microsoft Access
  • Proficient PC skills utilizing various software applications and systems
  • Advanced knowledge of accounting and reconciliation skills
  • Advanced problem-solving and creative thinking skills, ability to be a good team player
  • Experience with developing or using online cash application software; ability to review processes and identify areas of improvement if needed to increase match rate of cash being applied
  • Must have excellent communication skills in building relationships and customer service with the ability to clearly articulate concepts/results to internal and external customers
  • Strong work ethic, positive attitude, customer focus
  • Must be able to multi-task while still detail oriented and self-motivated
  • Work will be completed in an office environment

MINIMUM REQUIREMENTS:

  • Bachelor's Degree in Finance or Accounting
  • 1-5 years of office experience working in A/R or Cash Applications in a high volume, fast paced environment.

We are an EEOC/AA Employer. An industry leader, FMP offers well-balanced compensation and benefits programs, which may include medical, dental, vision, life, 401K, profit sharing, paid holidays/vacation/sick time, STD/LTD, + much more. Salary is based on experience and job performance.

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