Cash Analyst

About AlphaSense:

The world’s most sophisticated companies rely on AlphaSense to remove uncertainty from decision-making. With market intelligence and search built on proven AI, AlphaSense delivers insights that matter from content you can trust. Our universe of public and private content includes equity research, company filings, event transcripts, expert calls, news, trade journals, and clients’ own research content.

The acquisition of Tegus by AlphaSense in 2024 advances our shared mission to empower professionals to make smarter decisions through AI-driven market intelligence. Together, AlphaSense and Tegus will accelerate growth, innovation, and content expansion, with complementary product and content capabilities that enable users to unearth even more comprehensive insights from thousands of content sets. Our platform is trusted by over 6,000 enterprise customers, including a majority of the S&P 500. Founded in 2011, AlphaSense is headquartered in New York City with more than 2,000 employees across the globe and offices in the U.S., U.K., Finland, India, Singapore, Canada, and Ireland. Come join us!

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.