Cash Analyst

About the Team:

The AlphaSense Finance team is responsible for efficiently driving the creation of enterprise value by supporting capital allocation decisions across the business.  We exist to help the company make intelligent, data-driven decisions through financial analysis; scenario modeling; tracking, interpreting and disseminating key performance indicators; and by serving as a critical thought partner to senior leadership.

About the Role: 

The Cash Analyst will be responsible for accurately posting daily cash transactions and managing unapplied cash, ensuring all payments are correctly allocated to customer accounts. This role requires attention to detail and strong communication skills to collaborate with internal teams to resolve unapplied cash issues efficiently.

What You’ll Do: 

• Post daily cash receipts and payments into the financial system, ensuring accuracy and completeness.
• Reconcile daily cash batches, ensuring all transactions are recorded and categorized correctly.
• Ensure that all bank activity is properly reflected in the system on a daily basis, including wire transfers, ACH payments, checks, and other payment methods.
• Identify and investigate unapplied cash items in the system.
• Work with the accounts receivable team to resolve discrepancies and ensure payments are applied to the correct customer accounts.
• Follow up on unapplied cash and ensure timely resolution by working with customers and internal teams.
• Maintain accurate records of unapplied cash, documenting all actions and resolutions.
• Assist in the preparation of daily and weekly cash reports, highlighting unapplied cash and pending allocations.
• Suggest and implement improvements to cash posting and unapplied cash management processes.
• Assist with the development of training materials and procedures to enhance the efficiency of the cash posting and unapplied cash management functions.
• Ensure compliance with internal controls and audit requirements related to cash management and unapplied cash handling.
• Assist in the preparation of reports for internal and external audits.

Who You Are:

• Bachelor’s degree in Accounting.
• 1-3 years of experience in cash management, accounting, or finance.
• Exceptional communication skills. 
• Detail oriented with a high level of accuracy.
• Professional demeanor and strong work ethic. 
• Ability to work independently and collaboratively in a team environment.
• Proficient in Excel and Netsuite preferred.

AlphaSense is an equal-opportunity employer. We are committed to a work environment that supports, inspires, and respects all individuals. All employees share in the responsibility for fulfilling AlphaSense’s commitment to equal employment opportunity. AlphaSense does not discriminate against any employee or applicant on the basis of race, color, sex (including pregnancy), national origin, age, religion, marital status, sexual orientation, gender identity, gender expression, military or veteran status, disability, or any other non-merit factor. This policy applies to every aspect of employment at AlphaSense, including recruitment, hiring, training, advancement, and termination.

In addition, it is the policy of AlphaSense to provide reasonable accommodation to qualified employees who have protected disabilities to the extent required by applicable laws, regulations, and ordinances where a particular employee works.

Recruiting Scams and Fraud

We at AlphaSense have been made aware of fraudulent job postings and individuals impersonating AlphaSense recruiters. These scams may involve fake job offers, requests for sensitive personal information, or demands for payment. Please note:

• AlphaSense never asks candidates to pay for job applications, equipment, or training.
• All official communications will come from an @alpha-sense.com email address.
• If you’re unsure about a job posting or recruiter, verify it on our Careers page.

If you believe you’ve been targeted by a scam or have any doubts regarding the authenticity of any job listing purportedly from or on behalf of AlphaSense please contact us. Your security and trust matter to us.