Cash Application Analyst
Do you have strong customer service disposition and a high aptitude for learning? Do you have a discerning eye for details? Do you enjoy being part of a fast growing team that is making a real difference to the success of small business owners? If so, read on.
About the company:
FundThrough is a leading fintech company accelerating cash flow and enabling growth for small and medium sized businesses that sell to large customers and wait to get paid. Based in Toronto and operating across North America, FundThrough’s AI-powered invoice funding platform gives B2B businesses fast, customized funding offers to get their invoices paid in a few days – rather than a few months – and get quick access to cash they’ve already earned.
FundThrough is looking for a diligent and resourceful Cash Application Analyst to join us on our mission to help business owners end the “wait” associated with payment terms.
Responsibilities:
- Ensure payments are processed in compliance with FundThrough's policies and procedures
- Communicate with clients/customers and gather data to post payments in our system
- Maintain detailed records on clients and their customers
- Proactively evaluate clients needs and challenges, to meet their cash flow needs
- Ensure payments are posted no later than 1 business day
- Retrieve electronic payment data from various bank accounts
- Apply payments accurately and timely to client accounts
- Perform analysis of payment history and account reconciliation
- Reconcile client balances with a strong focus on solving payment discrepancies
- Troubleshoot and find creative solutions when regular system tools aren't working.
- Conduct research for undefined customer accounts and/or over-payments
- Work collaboratively with cross-functional teams including Sales, Risk, Client Success, Product and Engineering
Requirements
- Passion for our mission of empowering small businesses to thrive
- Minimum of 3 years of experience working in cash applications
- Minimum of a high school degree, ideally a bachelor's degree or equivalent experience in finance and accounting
- Intermediate technical skills, (we use Slack, Gsuite, and Excel)
- You love to Google
- You are able to maintain quality in external and internal customer interactions
- You have excellent professional communication and presentation skills
- You maintain the highest level of integrity and ethics in your work
- English Proficiency- C1 and above
- Fast learner who can adapt easily
- Bonus points: Understanding or experience in the factoring industry, asset based lending, purchase order finance or other alternative funding structures
Benefits
- Opportunity to leave your mark on a rapidly-growing startup
- An incredibly diverse team of brilliant minds from all over the world
- Competitive compensation
- Family-friendly policies
- Work from home
- Birthday treats, and a lunch of your choice every week (one of our values is Fun & Food!)
Please note that due to the sensitive nature of the work we do, clearing a criminal record check is a condition of employment. FundThrough encourages applications from candidates with differing abilities. Please let us know if you require accommodation at any stage in the selection process.
FundThrough encourages applications from candidates with differing abilities. Please let us know if you require accommodation at any stage in the selection process.
**PLEASE SUBMIT YOUR RESUME AND COVER LETTER IN ENGLISH**