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Cash Applications Analyst

Company:
Trane Technologies
Location:
Dublin, Country: Ireland
Job Type:
Job Description
At Trane Technologies® we Challenge Possible. Our brands – including Trane® and Thermo King® - create access to cooling and comfort in buildings and homes, transport and protect food and perishables, connect customers to elevated performance with less environmental impact, dramatically reduce energy demands and carbon emissions, and innovate with a better world in mind. We boldly challenge what’s possible for a sustainable world.

Job Summary:
The Cash Application Analyst will oversee the application of payments to the accounts receivable portfolio for Trane Technologies operations in Europe, Middle East and Africa. The role includes: identify and apply cash from multiple bank accounts, communicate with customers (internal & external) in order to minimize unapplied cash, process adjustment & customer refunds, process payment files and maintenance activities in the sub-ledger.

The successful candidate will become part of a team of four cash application analysts and will interact with a team of about 30 collection analysts.

The portfolio is part of Trane Technologies EMEA - approx. 30 bank accounts and $140M in monthly receipts.



Responsibilities:
  • Responsible for the application of payments: ensure payments received in multiple bank accounts are applied accurately & timely to the customer account receivable.

  • Responsible for following up on unidentified payments and unapplied cash; reports daily metrics to manager.


  • Process AR adjustments and customer refunds as scheduled by the Limits of Authority (LOA).

  • Process payment files as per the transaction due date schedule; communicate with customers / collectors any concerns and delays.

  • Notify manager of significant issues impacting application/adjustment process, unapplied cash & payment files.

  • Prepare reports as per monthly schedule and on had hoc basis for the credit and financial functions

  • Promote a culture of continuous process improvement and collaborate actively with the OTC Operational Excellence team.


  • Ensure compliance with Corporate and Local credit policies and other compliance requirements such as Trade Compliance, Sarbanes Oxley, etc.

  • Qualifications:
    Essential

    Degree in Business, Finance, Accounting or similar field.

    Experience working in multinational environment and/or in international team.

    Experience in Collection, Cash Application or similar role

    Desirable

    Experience with Oracle
    European language
    Key Competencies:

    Essential
    Good understanding of commercial credit and collection practices.
    Sound knowledge of payment methods in Europe: wire transfer, cheque, promissory notes, direct debit…

    Desirable
    Knowledge of accounting rules




    Computer-skills: What are the computer skills that this role requires?

    Essential
    Proficiency in Microsoft Excel

    Desirable
    Knowledge of Oracle




    Language-skills: What are the languages this role should have?

    Essential
    Fluent in English.

    Desirable
    European language



    We offer competitive compensation and comprehensive benefits and programs that help our employees thrive in both their professional and personal lives. We are proud of our winning culture which is inclusive and respectful at its core. We share passion for serving customers, caring for others, and boldly challenging what’s possible for a sustainable world.

    We are committed to achieving workforce diversity reflective of our communities. We are an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identify, national origin, pregnancy, age, marital status, disability, status as a protected veteran, or any legally protected status.
Job Settings
Number of jobs: 1 hires
Information about the advertiser
Company: Trane Technologies
Company size: 1-49
Contact: NA