AR Analyst - Cash Applications

ThermoSafe; Arlington Heights (IL); Hybrid; USD 55,200 - 62,100; Full time

Job summary

ThermoSafe is seeking an experienced AR Analyst - Cash Applications to join our Finance team in Arlington Heights, IL. You will match customer payments to invoices, resolve discrepancies, and manage unapplied cash while supporting audits and monthly closes.

A collaborative, detail‑oriented mindset and strong Excel and ERP tool skills are essential. Hybrid work (2–3 days in office) and a DOE salary range of $55,200–$62,100 reflect the role's responsibilities and our fast-paced post‑divestiture

Qualifications

• 2–4 years of demonstrated experience in accounts receivable cash application or cash posting.
• Strong critical thinking and investigative skills to resolve complex payment discrepancies.
• Excellent collaboration and communication skills for partnering with Customer Service and cross‑functional teams.
• Proficiency with cash application/ERP tools (Esker experience strongly preferred; Oracle a plus) and advanced Excel.
• Ability to manage multiple priorities and meet deadlines in a hybrid environment.

Responsibilities

• Perform accurate and timely cash application: match customer payments to open invoices and receivable balances in the general ledger, handling straightforward and complex scenarios.
• Research and resolve discrepancies: investigate payment mismatches and unapplied cash; collaborate with Customer Service to obtain necessary details and clear items promptly.
• Manage unapplied cash queues: monitor and efficiently clear unapplied payments through research and follow‑up.
• Prepare/Generate financial reports on accurate AR status (monthly, quarterly, annual).
• Provide documentation and support during internal/external audits.
• Identify and recommend improvements to the AR process to enhance efficiency and accuracy.

Skills

Critical thinking

Investigative skills

Collaboration

Communication

Tools

Esker

Oracle

Excel

Job description

Location: Arlington Heights, IL – Hybrid (2-3 days in office)

Annual Salary Range: $55,200 - $62,100 DOE

Position Summary

We are seeking an experienced AR Analyst - Cash Applications to join our Finance team. This role focuses on cash application processes including payment matching to invoices and GL, researching and resolving discrepancies (short pays, duplicates, missing remittance), and reconciliations. The ideal candidate has proven cash application experience, critical thinking skills to resolve complex payment issues, strong attention to detail, and thrives in a collaborative, fast‑paced post‑divestiture environment. This position reports to the Finance Operations - Lead and works closely with the Customer Service team (Arlington Heights office) and other functions.

Key Responsibilities

• Perform accurate and timely cash application: match customer payments to open invoices and receivable balances in the general ledger, handling both straightforward and complex scenarios (short pays, duplicates, missing remittance information, overpayments).
• Research and resolve discrepancies: investigate payment mismatches and unapplied cash; collaborate with the Customer Service team to obtain necessary details and clear items promptly.
• Manage unapplied cash queues: monitor and efficiently clear unapplied payments through research and follow‑up.
• Prepare/Generate financial reports (monthly, quarterly, and annual) on accurate AR status.
• Provide necessary documentation and support during internal/external audits.
• Identify and recommend improvements to the AR process to enhance efficiency and accuracy.

Qualifications

• 2–4 years of demonstrated experience in accounts receivable cash application or cash posting.
• Strong critical thinking and investigative skills to research and resolve complex payment discrepancies.
• Excellent collaboration and communication skills for partnering with Customer Service and cross‑functional teams.
• Proficiency with cash application/ERP tools (Esker experience strongly preferred; Oracle a plus) and advanced Excel.
• Ability to manage multiple priorities and meet deadlines in a hybrid environment.