Cash Application Analyst

Join us in pioneering breakthroughs in healthcare. For everyone. Everywhere. Sustainably.

Our inspiring and caring environment forms a global community that celebrates diversity and individuality. We encourage you to step beyond your comfort zone, offering resources and flexibility to foster your professional and personal growth, all while valuing your unique contributions.

Key Responsibilities

• Apply a high volume of daily customer payments, including ACH, wire transfers, checks, and credit card transactions, in SAP with a strong focus on accuracy and timely processing.
• Manage large daily transaction volumes and competing priorities while consistently meeting established processing deadlines and service expectations.
• Reconcile unapplied and unidentified cash, research payment discrepancies, and resolve exceptions to ensure timely and accurate posting to customer accounts.
• Partner closely with billing, collections, accounting, and other internal teams to research and resolve payment and account-related issues.
• Process customer refunds, adjustments, and write-offs, including securing required approvals in accordance with company policies and internal controls.
• Maintain complete and accurate supporting documentation for transactions, reconciliations, audits, and compliance requirements.
• Support month-end close activities, including account reconciliations, reporting, and resolution of outstanding items within established deadlines.
• Support treasury-related internal and external audit activities and respond to documentation requests.
• Prepare and file UCC documentation as required.
• Submit invoices for payment through Cumulous accurately and within required timelines.
• Assist Treasury with escheatment activities, account research, and supporting documentation.
• Prepare and process manual journal entries related to customer rebates, ensuring accuracy and appropriate approvals.
• Reconcile general ledger balances and research discrepancies to ensure customer-related accounts remain accurate and current.
• Identify opportunities to streamline high-volume transactional processes through automation, standardization, and process improvements.
• Lead or participate in projects focused on automation, scalability, accuracy, and increased operational efficiency.

Qualifications

• 3+ years of cash application, accounts receivable, or related experience, preferably supporting a high-volume transaction environment.
• Required: hands-on SAP experience, including processing and researching customer payment transactions.
• Bachelor’s degree in accounting, finance, business, or a related field, or equivalent relevant work experience.
• Advanced Excel skills, including VLOOKUPs, PivotTables, data analysis, and reconciliation of large data sets.
• Experience working in a large, fast-paced corporate environment with significant transaction volumes and strict processing deadlines preferred.
• Demonstrated ability to manage a high-volume workload while maintaining a strong level of accuracy and attention to detail.
• Strong organizational, analytical, problem-solving, and time-management skills.
• Ability to prioritize multiple responsibilities, research exceptions independently, and meet daily and month-end deadlines.
• Strong attention to detail with an emphasis on accuracy, productivity, and timely completion of work.
• Ability to work effectively across billing, collections, accounting, and treasury functions.
• Hybrid schedule requiring one in-office day per week.

Who we are: We are a team of more than 72,000 highly dedicated Healthineers in more than 70 countries. As a leader in medical technology, we constantly push the boundaries to create better outcomes and experiences for patients, no matter where they live or what health issues they are facing. Our portfolio is crucial for clinical decision-making and treatment pathways.

How we work: When you join Siemens Healthineers, you become one in a global team of scientists, clinicians, developers, researchers, professionals, and skilled specialists, who believe in each individual’s potential to contribute with diverse ideas. We are from different backgrounds, cultures, religions, political and/or sexual orientations, and work together, to fight the world’s most threatening diseases and enable access to care, united by one purpose: to pioneer breakthroughs in healthcare. For everyone. Everywhere. Sustainably.

To find out more about Siemens Healthineers businesses, please visit our company page here.

The base pay range for this position is:

Factors which may affect starting pay within this range may include geography/market, skills, education, experience, and other qualifications of the successful candidate.

If this is a commission eligible position the commission eligibility will be in accordance with the terms of the Company's plan. Commissions are based on individual performance and/or company performance.

The Company offers the following benefits for this position, subject to applicable eligibility requirements: medical insurance, dental insurance, vision insurance, 401(k) retirement plan. life insurance, long-term and short-term disability insurance, paid parking/public transportation, paid time off, paid sick and safe time.

Equal Employment Opportunity Statement: Siemens Healthineers is an Equal Opportunity and Affirmative Action Employer encouraging diversity in the workplace. All qualified applicants will receive consideration for employment without regard to their race, color, creed, religion, national origin, citizenship status, ancestry, sex, age, physical or mental disability unrelated to ability, marital status, family responsibilities, pregnancy, genetic information, sexual orientation, gender expression, gender identity, transgender, sex stereotyping, order of protection status, protected veteran or military status, or an unfavorable discharge from military service, and other categories protected by federal, state or local law.

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Reasonable Accommodations: Siemens Healthineers is committed to equal employment opportunity. As part of this commitment, we will ensure that persons with disabilities are provided reasonable accommodations.

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Export Control: “A successful candidate must be able to work with controlled technology in accordance with US export control law.” “It is Siemens Healthineers’ policy to comply fully and completely with all United States export control laws and regulations, including those implemented by the Department of Commerce through the Export Administration Regulations (EAR), by the Department of State through the International Traffic in Arms Regulations (ITAR), and by the Treasury Department through the Office of Foreign Assets Control (OFAC) sanctions regulations.”

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