Business Analyst

Job Description

Champion People - be empathetic and help create a place where everyone belongs. Grow with purpose - Be inspired by our higher calling of improving lives. Be Alight - act with integrity, be real and empower others. It s why we re so driven to connect passion with purpose. Alight helps clients gain a benefits advantage while building a healthy and financially secure workforce by unifying the benefits ecosystem across health, wealth, wellbeing, absence management and navigation. With a comprehensive total rewards package, continuing education and training, and tremendous potential with a growing global organization, Alight is the perfect place to put your passion to work. Join our team if you Champion People, want to Grow with Purpose through acting with integrity and if you embody the meaning of Be Alight. Learn more at careers.alight.com . The Role We are seeking a individual to lead the AR-Cash applications team. An Experienced financial person, who oversees and optimizes the processing of financial transactions, ensuring accuracy and efficiency in handling payments and receivables. Key Responsibilities Technical skills A Cash Application Lead plays a crucial role in the financial operations of a company. Here are the core responsibilities that define this role: Processing Payments: Accurately post incoming payments to customer accounts from various sources such as checks, ACH, wire transfers. SOX compliance - Managing the SOX compliance requirements within timelines and accrately Account Reconciliation: Perform daily reconciliation of cash applications and identify discrepancies in accounts. Dispute Resolution: Address and resolve customer inquiries and payment discrepancies in a timely manner with the collectors Reporting: Generate and maintain reports on cash application metrics, identifying trends and areas for improvement. Collaboration: Work closely with Collections, Invoicing, and other finance departments to ensure accurate cash flow management. Documentation: Maintain accurate records of transactions and assist in month-end closing processes. Continuous Improvement: Identify opportunities to streamline cash application processes and enhance efficiency. Leadership skills Ability to lead and Supervise team Ability to work with cross functional teams and work on collective objectives of the team and the organisation Develop team to take on more complex areas Maintain a engagement score higher than company s average Candidate Profile Essential Skills Excellent communication & interpersonal skills Strong organizational skills to ensure completion of multiple activities within tight reporting deadlines Strong on finance fundamentals Knowledge and Expertise: Must be able to work with teams Must demonstrate good critical thinking and ability to manage multiple tasks and deadlines Excellent communication skills, verbal and written; able to clearly articulate thoughts, issues, concerns, risks, opportunities, other Must be able to collaborate with/consult senior level business partners Ability to work on multifunctional teams across organization Personal Attributes Organized and proactive, tenacious with an enthusiasm to support the business Highly numerate with strong analytical and problem solving skills, plus excellent attention to detail Team player Ability to work under pressure Experience 8-10 years with atleast 5 years plus of leading teams Educational background Commerce graduate with extensive experience in leading teams