Cash Application Specialist

United States

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Not SpecifiedCompensation

Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

BiotechnologyIndustries

Requirements

Candidates should possess a general understanding of accounting concepts and procedures, proficiency in SAP for cash application, and advanced Excel skills including VLOOKUP and Pivot Tables. The role requires the ability to work independently and collaboratively, strong organizational skills with extreme diligence, self-direction, initiative-taking, proficiency in Microsoft Office Suite, and the ability to manage multiple projects and priorities simultaneously in a fast-paced setting with strong time management skills to meet deadlines consistently.

Responsibilities

The Cash Application Specialist will be responsible for the prompt and accurate processing of customer credit card payments, researching and reconciling cash application related variances, and managing a significant volume of transactions. This includes investigating and resolving payment escalation and discrepancy inquiries, ensuring multi-currency payments are processed accurately, researching remittance and transaction details to resolve unapplied cash, and verifying duplicate payments. The specialist will also audit foreign exchange and bank fees, maintain compliance with financial policies and PCI standards, manage the end-to-end credit card process including disputes and chargebacks, keep collection teams updated on cash application issues, identify opportunities for process optimization, and assist in special cash application related projects and audits.

Skills

Cash Application

Credit Card Processing

Payment Reconciliation

Multi-currency Payments

Accounts Receivable

PCI Compliance

Foreign Exchange

General Ledger

Auditing

Problem-Solving

Customer Service

Twist Bioscience

Produces synthetic DNA for biotechnology applications

About Twist Bioscience

Twist Bioscience specializes in creating synthetic DNA for applications in biotechnology, pharmaceuticals, and research. Their proprietary platform allows for the quick and accurate production of DNA sequences, providing clients with products like genes, oligo pools, and variant libraries. The company stands out by offering high-quality DNA at competitive prices, making them a valuable partner for academic institutions and pharmaceutical companies. Twist Bioscience aims to support advancements in personalized medicine and biotechnology through their innovative DNA synthesis solutions.

South San Francisco, CaliforniaHeadquarters

2013Year Founded

$236.5MTotal Funding

IPOCompany Stage

Biotechnology, HealthcareIndustries

1,001-5,000Employees

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Disability Insurance

Life Insurance

401(k) Retirement Plan

Risks

Increased competition from Ginkgo Bioworks may impact Twist's market share.

Dependency on AI technologies could pose integration and operational challenges.

New CIO appointment may lead to transitional challenges in IT strategy and operations.

Differentiation

Twist Bioscience uses a unique silicon-based DNA synthesis platform for precision and scale.

They offer high-quality DNA sequences at competitive prices, attracting diverse clients.

Their proprietary platform provides instant feedback on DNA sequence synthesis feasibility.

Upsides

Growing demand for synthetic DNA in personalized medicine boosts Twist's market potential.

Collaboration with Absci leverages AI to accelerate antibody discovery and drug development.

Synthetic biology market projected to grow at 28.8% CAGR, benefiting Twist's growth.

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