The AR Associate is responsible for managing Colony's end-to-end cash application & allocation process in addition to other AR responsibilities.

Requirements

Ensure accurate and timely cash application and allocation.
Reconcile payment discrepancies daily and coordinate with the Collection team for resolution.
Investigate unidentified receipts and collaborate with Collections, or Sr AR Manager for resolution.
Communicate and verify credit/debit memos, unauthorized deductions, and adjustments on customer accounts.
Perform clearing and posting of transactions as needed.
Prepare and post manual journal entries.
Conduct monthly Cash GL account reconciliations.
Drive continuous process improvements within the cash application function.
Maintain confidential records for audit compliance.
Respond to inquiries related to account reconciliations and payment applications.
Engage with multiple team members across regions.

Benefits

The AR Associate is responsible for managing Colony's end-to-end cash application & allocation process in addition to other AR responsibilities.

Ensure accurate and timely cash application and allocation.
Reconcile payment discrepancies daily and coordinate with the Collection team for resolution.
Investigate unidentified receipts and collaborate with Collections, or Sr AR Manager for resolution.
Communicate and verify credit/debit memos, unauthorized deductions, and adjustments on customer accounts.
Perform clearing and posting of transactions as needed.
Prepare and post manual journal entries.
Conduct monthly Cash GL account reconciliations.
Drive continuous process improvements within the cash application function.
Maintain confidential records for audit compliance.
Respond to inquiries related to account reconciliations and payment applications.
Engage with multiple team members across regions.