Platform Science

Cash Application Analyst

United States

Not SpecifiedCompensation
Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
Transportation & LogisticsIndustries

Position Overview

  • Location Type: North America (Remote)
  • Employment Type: Full-time
  • Salary: Not specified

Platform Science is seeking a talented Cash Application Analyst to join our team. In this role, you will be responsible for day-to-day cash application activities, including posting, offset, write-offs, customer refunds, month-end activities, and reducing unapplied cash. You will also handle inquiries from internal and external customers.

Who We Are

At Platform Science, we’re working to connect everything that moves. Founded in 2015, we are an open IoT platform that partners with innovative fleets, application developers, vehicle manufacturers, and equipment providers in the transportation industry to deliver revolutionary solutions to supply chain professionals across the globe. Our employees are an engaging, diverse group of people who believe in the power of great ideas. We hire people with different experiences and perspectives to build a company culture that fuels growth through innovation. We value thoughtful actions and empathy for others. We approach challenges with resiliency and creativity, while encouraging transparency because, no matter our backgrounds or responsibilities, we are one team.

Essential Responsibilities

  • Post manual checks, wire transfers, and ACH deposits.
  • Run lockbox reports and post transactions and exceptions from the lockbox report.
  • Process and post credit card transactions/payments.
  • Research which invoices to properly apply cash received from customers.
  • Process customer refund requests and research customer inquiries.
  • Reconcile general ledger accounts pertaining to cash application.
  • Perform daily offsets, write-offs, refunds, and reversals as per policy.
  • Frequently interact with the Treasury team along with various banks, merchant services/processors, and internal/external customers.
  • Perform customer account reconciliation as required.
  • Reclassify of Non – A/R and other miscellaneous receipts received.
  • Collaborate with the North America Credit & Collections team to ensure unapplied and unidentified cash are accounted for before month-end / quarter-end close.
  • Perform month-end / quarter-end responsibilities within the agreed timeline.

Requirements

  • Education: Bachelor’s degree in Accounting, Finance, or a related field.
  • Experience: Approximately 3-5 years of direct experience in working on a multi-currency cash application team, along with experience in working closely with a credit & collections team.
  • Knowledge: Solid understanding of generally accepted accounting standards.
  • Skills: Solid knowledge of general accounting procedures and knowledge of general ledger accounts. Demonstrated understanding of the entire cash application lifecycle.

Application Instructions

  • Note: Salary information is not provided in the job description. Please submit your resume and cover letter through [Insert Application Link Here - Placeholder].

Skills

Cash Application
Bank Reconciliation
Credit Card Processing
Customer Refunds
General Ledger Reconciliation
Lockbox Processing
ACH Transactions
Customer Inquiry Handling
Reconciliation
Reclassification

Platform Science

Fleet management solutions for large operators

About Platform Science

Platform Science offers a configurable open platform for the transportation industry, focusing on telematics and fleet management solutions. Their products include a connected vehicle platform, mobile device management, and a fleet management portal, which help large fleet operators transition from outdated systems to more advanced technology. These tools enable fleet operators to manage mobile devices and applications, monitor operations, and ensure safety and maintenance through a single portal. Unlike competitors, Platform Science emphasizes ease of use and quick deployment, making it accessible for clients. The goal is to enhance efficiency, improve the driver experience, and provide future-proof solutions for fleet management.

San Diego, CaliforniaHeadquarters
2015Year Founded
$350.1MTotal Funding
LATE_VCCompany Stage
Automotive & Transportation, Enterprise SoftwareIndustries
201-500Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
401(k) Retirement Plan
401(k) Company Match
Paid Vacation
Paid Sick Leave
Paid Holidays
Parental Leave

Risks

Emerging IoT fleet management startups increase competition in the market.
Economic downturns may reduce investment in fleet management technologies.
Reliance on OEM partnerships poses risks if relationships are disrupted.

Differentiation

Platform Science offers a configurable open platform for modern telematics solutions.
The company provides enterprise-grade applications tailored for large fleet operators.
Platform Science's platform is easy to use and ready out of the box.

Upsides

Platform Science raised $125 million to accelerate innovation in transportation.
Partnerships with OEMs and companies like Averitt enhance their market position.
ISO 27001 certification boosts trust and compliance in fleet management.

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