Credit to Cash Analyst - Cash Application

Date: Mar 26, 2024

Location: Morrisville, NC, US

Company: Teleflex

Expected Travel: None

Requisition ID: 10109 

 

About Teleflex Incorporated

Teleflex is a global provider of clinically effective medical technologies designed to improve the health and quality of people’s lives. We apply purpose driven innovation – a relentless pursuit of identifying unmet clinical needs – to benefit patients and healthcare providers. Our portfolio is diverse, with solutions in the fields of vascular and interventional access, interventional cardiology, surgical, anesthesia, cardiac care, interventional urology, urology, emergency medicine and respiratory care. Teleflex employees worldwide are united in the understanding that what we do every day makes a difference. For more information, please visit teleflex.com.

 

Global Functions The Corporate division is the central operating unit of the company; setting strategy and policy and providing business development, finance, human resources, information technology, investor relations and legal support to the businesses. The global Company headquarters is located just outside of Philadelphia in Wayne, PA. Join a dynamic, growing team that offers healthcare providers an array of medical technology solutions that make a difference in patients’ lives.

Position Summary

The Cash Application & AR Analyst (“CAA”) will be responsible to manage daily cash application for assigned accounts and ensure that all cash payments received in all forms are applied correctly, timely and efficiently.  The CAA will be responsible to reconcile complex accounts and identify areas for improvement in the process in order to further automate the entire cash application process. The CAA will be accountable to assist in reconciling daily cash to bank accounts, third party portals and credit cards.

Principal Responsibilities

•    Reviews all cash application reports to ensure cash is applied correctly and reconciles to the bank files. 
•    Manages daily transactional workload with peers and Manager.
•    Monitors unapplied cash and unidentified cash, researches and ensures all balances are applied within same calendar month.
•    Confirm integrity of all journal entries, internal adjustments, customer refunds, and write offs. 
•    Acts as backup to peers as needed in addition to assigned responsibilities.  
•    Supports Accounts Receivable Manager with projects, reporting and other Cash Application related requirements. 
•    Ensures process is SOX compliant and works to correct any gaps with Sr. Director Credit and Collections.
•    Supports overall AR process as assigned by Manager.
•    Works with the Team Lead to identify root cause reasons for unapplied payments and works with Order to Cash ( “OTC”) partners to improve the metrics each month.
•    Assists the Team Lead in the management of international receivables reconciliation by working with customers, businesses and the credit team. 
•    Always looks for cost efficiencies, team development initiatives and ways to collaborate with all other business process champions.
•    Ensures that Teleflex’s core values of Building Trust, Entrepreneurial Spirit and Make it Fun are weaved throughout the day to day process.
 

Education / Experience Requirements

•    Bachelor’s Degree, in Finance or Accounting preferred. 
•    At least 2 years of Accounts Receivable experience.
•    Proficiency in SAP, Microsoft Office applications, specifically Word and Excel.
 

Specialized Skills / Other Requirements

•    Effective communication skills, both verbal and written with strong interpersonal skills.
•    Team mindset and solutions-focused.
•    Demonstrated sense of urgency with the ability to work both collaboratively and independently to meet and exceed department goals.
•    Excellent planning, communication, and organization skills with strong attention to detail.
•    Proven ability to learn new systems and processes.
•    Takes initiative to investigate and problem solve to provide effective solutions.
•    Ability to perform tasks with minimum supervision.
#LI-AD1

Teleflex, Inc. is an affirmative action & equal opportunity employer. D/V/M/F. Applicants will be considered without regard to age, race, creed, color, national origin, ancestry, marital status, affectional or sexual orientation, gender identity or expression, disability, nationality, sex, or veteran status. If you require accommodation to apply for a position, please contact us at: 877-880-8588 or Talent@Teleflex.com.

Teleflex is the home of Arrow®, Deknatel®, Hudson RCI®, LMA®, Pilling®, Rüsch®, UroLift® and Weck® – trusted brands united by a common sense of purpose. Teleflex, the Teleflex logo, Arrow, Deknatel, Hudson RCI, LMA, Pilling, Rüsch, UroLift and Weck are trademarks or registered trademarks of Teleflex Incorporated or its affiliates, in the U.S. and/or other countries.