At a Glance
- Tasks: Manage cash applications and reconciliations across EMEA accounts while supporting the credit team.
- Company: Join a diverse and inclusive company committed to equal opportunities.
- Benefits: Competitive salary, flexible working environment, and opportunities for professional growth.
- Other info: Dynamic role with opportunities for travel and collaboration in a supportive team.
- Why this job: Make an impact by ensuring accurate customer account balances and improving financial processes.
- Qualifications: Proficient in SAP and Excel with excellent communication skills.
The predicted salary is between 30000 - 40000 £ per year.
Role Overview
The purpose of the role is to oversee cash application and reconciliation across EMEA accounts, supporting the credit team in maintaining accurate customer account balances. The role involves full KPI reporting and providing regular feedback to the Credit Finance Analyst and key stakeholders, ensuring all relevant departments are kept informed on the status of unallocated cash, direct debits, and collections progress.
Key Responsibilities
- Post and allocate BACS payments via High Radius system in multiple currencies
- Manage direct debits in all countries, including processing collections, reconciliations and bounce processing
- Handle unallocated cash – investigate and work with team and customers to ensure cash is posted promptly
- Manage incoming cash G/L reconciliation and clearing for period ends
- Maintain and continually improve High Radius Cash Application system
- Review the credit control mailbox and progress any required actions with the respective teams, Remittance inbox, info EMEA
- Support cash forecasting
- Support external audit requests
- Report to the business on information from the credit department
- Process authorized debit notes and/or issue authorized credits in line with company procedures
- Ensure compliance with the company credit policy, business processes and Sarbanes‑Oxley requirements
- Respond professionally, quickly and efficiently to routine queries and requests from staff and external clients
- Provide cover for other department members as needed
- Perform other duties as required or assigned by manager
- Work in a normal office environment; some travel may be required
Key Skills, Experience and Competencies
- Works well under pressure, follows through on commitments and meets deadlines
- Proficient with SAP and Excel
- Well organised and able to manage priorities with a can‑do attitude
- Excellent communication skills
- Good team player
This description describes the principal purpose and main elements of the job. It is a guide to the nature of the role as it currently exists but it is not intended as a wholly comprehensive or permanent description of the role. The post holder is expected to work flexibly and respond positively to changing business needs.
Cash Application Analyst employer: WOLVERINE
Wolverine Worldwide, Inc. is an exceptional employer that fosters a diverse and inclusive work environment, making it an ideal place for a Cash Application Analyst to thrive. With a strong emphasis on employee growth and development, the company offers comprehensive training and support, ensuring that team members are well-equipped to excel in their roles. Located in a dynamic office setting, employees benefit from a collaborative culture that values communication and teamwork, alongside competitive compensation and benefits.
StudySmarter Expert Advice🤫
We think this is how you could land Cash Application Analyst
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and credit sectors. A friendly chat can lead to insider info about job openings that aren't even advertised yet.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of cash application processes and systems like High Radius. We want you to impress with your expertise and show how you can add value to the team!
✨Tip Number 3
Don’t forget to follow up after interviews! A quick thank-you email can keep you fresh in their minds and shows your enthusiasm for the role. Plus, it’s a great chance to reiterate why you’re the perfect fit.
✨Tip Number 4
Apply through our website for the best chance at landing the job! We love seeing applications directly from candidates who are eager to join us and make a difference in the cash application process.
We think you need these skills to ace Cash Application Analyst
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Cash Application Analyst role. Highlight your experience with cash application, reconciliation, and any relevant software like SAP or High Radius. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for our team. Mention specific experiences that relate to the key responsibilities in the job description. We love a good story!
Show Off Your Communication Skills:Since this role involves liaising with various teams and clients, make sure to showcase your excellent communication skills in your application. Whether it's through your writing style or examples of past interactions, let us know you can handle it!
Apply Through Our Website:Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy – just follow the prompts and you’ll be all set!
How to prepare for a job interview at WOLVERINE
✨Know Your Numbers
As a Cash Application Analyst, you'll be dealing with figures all day. Brush up on your financial terminology and be ready to discuss how you've managed cash applications or reconciliations in the past. Use specific examples to showcase your experience with BACS payments and handling unallocated cash.
✨Familiarise Yourself with High Radius
Since the role involves using the High Radius system, it’s a good idea to do some research on it before your interview. If you have experience with similar systems, be prepared to talk about that too. Highlight any improvements you've made in previous roles that relate to cash application processes.
✨Show Off Your Team Spirit
This position requires collaboration with various teams, so be ready to share examples of how you've worked effectively in a team environment. Discuss how you’ve communicated with stakeholders or resolved issues with colleagues to keep cash flow smooth and efficient.
✨Prepare for Compliance Questions
Given the importance of compliance with company credit policies and Sarbanes-Oxley requirements, brush up on these topics. Be ready to explain how you ensure compliance in your work and provide examples of how you've handled audits or compliance checks in the past.
