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Description:
FundThrough is seeking a diligent and resourceful Cash Application Analyst to join their mission of helping business owners end the wait associated with payment terms.
The role involves ensuring payments are processed in compliance with FundThrough's policies and procedures.
Responsibilities include communicating with clients/customers to gather data for posting payments, maintaining detailed records on clients and their customers, and proactively evaluating clients' needs to meet their cash flow requirements.
Payments must be posted no later than one business day, and the analyst will retrieve electronic payment data from various bank accounts.
The position requires applying payments accurately and timely to client accounts, performing analysis of payment history, and reconciling client balances with a focus on solving payment discrepancies.
The analyst will troubleshoot issues and conduct research for undefined customer accounts and/or over-payments.
Collaboration with cross-functional teams including Sales, Risk, Client Success, Product, and Engineering is essential.
Requirements:
A passion for empowering small businesses to thrive is essential for this role.
Candidates must have a minimum of 3 years of experience working in cash applications.
A minimum of a high school degree is required, with a bachelor's degree or equivalent experience in finance and accounting being ideal.
Intermediate technical skills are necessary, particularly with tools such as Slack, Gsuite, and Excel.
Candidates should be adept at using online resources for research.
Maintaining quality in both external and internal customer interactions is crucial.
Excellent professional communication and presentation skills are required.
The highest level of integrity and ethics in work is expected.
English proficiency at C1 level or above is mandatory.
The ideal candidate should be a fast learner who can adapt easily.
Bonus points will be given for understanding or experience in the factoring industry, asset-based lending, purchase order finance, or other alternative funding structures.
Benefits:
The position offers an opportunity to leave a mark on a rapidly-growing startup.
Employees will be part of an incredibly diverse team of brilliant minds from all over the world.
Competitive compensation is provided.
Family-friendly policies are in place to support work-life balance.
The role allows for work from home flexibility.
Employees can enjoy birthday treats and a lunch of their choice every week, reflecting the company's value of Fun & Food.