Lead Cash Applications Administrator

OPENTEXT - THE INFORMATION COMPANY

As the Information Company, our mission at OpenText is to create software solutions and deliver services that redefine the future of digital. Be part of a winning team that leads the way in Enterprise Information Management. 

The Opportunity: 
Reporting to the Manager of cash Applications, the Lead Cash Applications Administrator brings their strong experience in global cash applications to assist our AR function in ensuring we effectively deliver incoming and outgoing cash targets, while maintaining integrity and accuracy in financial transactions and reporting requirements. He/She is a strong team player, working with peers and other AR stakeholders to continuously support best in class cash application processes, including process automation and practices. Integration is a way of life for us so you will bring your best practice mindset to continuously strive for flawless execution on every integration.

You Are Great At:

• AR Reconciliation for certain GL accounts in Blackline as Preparer
• Monthly Blackline balance sheet reconciliation
• Generates GL trial balance for Blackline upload templates.
• Perform end-to-end cash application tasks in compliance with approved processes & procedures.
• Perform unidentified payments research and identification.
• Proactively collaborates with internal/external stakeholders to identify customer requirements and provide solutions.
• Works with critical functional areas (AR Collections, Billings, Renewals Tax, AP, Treasury, HR & Payroll teams) for all non-AR transactions.
• Extensive internal and external Audit support and sample investigations, (Year-end, SOX, tax, and other audits as and when needed)
• POC for migrated and integrated cash application processes from newly acquired businesses.
• Identify process improvement Investigate full audit trail in SAP for a payment, through all stages (if multiple offsets were done, need to track back to the originating payment).
• Trackback audit trail of credit memos (returns) to original invoices where the customer may have paid an invoice that also had a credit processed; working with Billing Operations and CS to determine why a credit was issued. 
• Critical thinking skills to understand the overall need for AR cleanliness and AR customer account management; able to report and communicate effectively on individual customer situations to resolve credit balance issues.
• Initiate AR refund for AP to process
• Monthly AR-related requirements include but are not limited to Withholding taxes, AR write-offs, GL uploads, and creating Credit Memo and Debit Memo using different GLs depending on request.

What It Takes:

• Candidate should have sound Finance and Accounting skills, including knowledge of best practices on any or all areas of accounting such as AR, AP, Cash, and Reconciliation
• Excellent communication skills in both written and spoken English.
• Strong analytical and problem-solving skills
• Strong working knowledge of SAP, Oracle, NetSuite, and Microsoft Office products
• Previous experience in process migration/transition is an advantage.
• Can work with minimal supervision and has leadership potential.
• Demonstrated ability to drive a culture of learning with your peers and help them to be resilient in a continuously changing environment.

OpenText's efforts to build an inclusive work environment go beyond simply complying with applicable laws. Our Employment Equity and Diversity Policy provides direction on maintaining a working environment that is inclusive of everyone, regardless of culture, national origin, race, color, gender, gender identification, sexual orientation, family status, age, veteran status, disability, religion, or other basis protected by applicable laws. If you need assistance and/or a reasonable accommodation due to a disability during the application or recruiting process, please contact us at hr@opentext.com.