AR & Cash Application Analyst – OTC Focus

IFG US; Illinois; On-site; USD 65,000 - 85,000; Full time

Job summary

A leading financial services firm is seeking an AR / Credit & Collections Consultant for a 12-month engagement in Illinois. This analytical role focuses on managing a $10M accounts receivable portfolio, reconciliation-heavy tasks, and ensuring accurate payment applications. Candidates must demonstrate a strong background in accounts receivable and credit, with advanced Excel skills being essential. Experience with Oracle R12 and collections software is a plus. The role emphasizes precision and analytical thinking.

Qualifications

• Strong background in Accounts Receivable, Credit, and Collections.
• Proven experience reconciling payments to invoices.
• Highly organized with strong analytical and critical-thinking abilities.

Responsibilities

• Manage and track a dedicated AR portfolio (~$10M).
• Reconcile invoices to payments received across legacy and new entities.
• Ensure accurate payment application when customers remit to different entities.

Skills

Accounts Receivable

Reconciliation

Advanced Excel

Analytical Skills

Attention to Detail

Tools

Oracle R12

Collections software

Job description

We are seeking a detail-oriented AR / Credit & Collections Consultant to support a 12-month engagement focused on Order-to-Cash (OTC) activities, with strong involvement in billing, reconciliation, and payment application. This role will manage a defined accounts receivable portfolio during a transition period and ensure accuracy, auditability, and continuity of cash application.

This is not a high-volume collections role—it is analytical, reconciliation-heavy, and precision-focused.

What You’ll Do

• Manage and track a dedicated AR portfolio (~$10M)
• Reconcile invoices to payments received across legacy and new entities
• Ensure accurate payment application when customers remit to different entities
• Coordinate payouts and fund transfers with AP during the transition
• Maintain detailed manual tracking and reconciliation schedules
• Prepare and report AR activity and balances to internal teams and the buyer
• Partner with billing, AP, and OTC stakeholders to support clean close and audit readiness

What We’re Looking For

• Strong background in Accounts Receivable, Credit, and Collections
• Proven experience reconciling payments to invoices
• Advanced Excel skills (manual tracking, reconciliations, payment application)
• Highly organized with strong analytical and critical-thinking abilities
• “Utility-type” professional with broad OTC exposure

Nice to Have

• ERP experience with Oracle R12
• Collections software experience (any platform)