Inside Higher Ed
CASH APPLICATION ANALYST, Research Finance & Property Management
Inside Higher Ed, Boston, Massachusetts, us, 02298
CASH APPLICATION ANALYST, Research Finance & Property Management
Boston University is seeking a Cash Application Analyst for the Research Financial Operations team. Reporting to the Assistant Director, Accounts Receivable and Cash Operations, the Cash Application Analyst is responsible for the accurate and timely application of payments related to our sponsored programs portfolio. This role ensures sponsor payments are properly recorded, reconciled, and aligned with award terms and institutional policies. The analyst collaborates with the Office of Sponsored Programs and the Research Financial Operations team to resolve payment discrepancies and support financial compliance.
Responsibilities
Upload daily bank files into the financial system. Investigate and resolve unmatched payments using remittance advice, sponsor communication or internal records. Escalate unresolved items timely and appropriately.
Apply incoming payments (ACH, wire, checks) to sponsored research accounts in accordance with award terms and University policies.
Reconcile sponsor payments against invoices and award records, ensuring accuracy and compliance with federal, state, and sponsor-specific guidelines.
Investigate and resolve payment discrepancies, overpayments, and unapplied funds in collaboration with internal departments and external sponsors.
Maintain detailed documentation of payment activity and support audit readiness for sponsored research accounts.
Contribute to the development and refinement of policies, procedures, and internal controls related to incoming payments.
Support system upgrades and automation initiatives to improve efficiency and data integrity.
Assist management with ad hoc projects, property data analysis, and other related assignments as required.
Qualifications
Bachelor's degree in a related field
2–3 years of work experience, preferably in a university or cash management environment
Strong organizational, time management, written and verbal communication skills
Detail oriented with the ability to multi-task and prioritize routine tasks and ad-hoc requests
Intermediate skills in Excel, including complex formulas to acquire, organize, and analyze data
Ability to work independently and collaboratively in a small, collegial team
Preferred Skills
Experience with analyzing detailed records, legacy accounting systems, and SAP
Benefits Boston University's benefits package includes health, dental, life insurance, and paid time off. Full-time employees are eligible for tuition remission for courses at Boston University, and the remission benefit extends to dependents. For details, visit the Boston University benefits page.
The department values diversity and inclusion and is committed to building a team that is inclusive and equitable. We encourage applications from women and under-represented groups who share our interest in serving a university community with diverse needs, backgrounds, ethnicities, and abilities.
To apply, upload a resume, list of references (if available), and a cover letter addressed to the Hiring Manager for the Cash Application Analyst position. We provide reasonable accommodation for applicants with disabilities to participate in the application or interview process.
We are an equal opportunity employer and will consider all qualified applicants without regard to race, color, religion, sex, national origin, physical or mental disability, sexual orientation, gender identity, genetic information, military service, pregnancy or pregnancy-related condition, or marital or veteran status. We are a VEVRAA Federal Contractor.
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Responsibilities
Upload daily bank files into the financial system. Investigate and resolve unmatched payments using remittance advice, sponsor communication or internal records. Escalate unresolved items timely and appropriately.
Apply incoming payments (ACH, wire, checks) to sponsored research accounts in accordance with award terms and University policies.
Reconcile sponsor payments against invoices and award records, ensuring accuracy and compliance with federal, state, and sponsor-specific guidelines.
Investigate and resolve payment discrepancies, overpayments, and unapplied funds in collaboration with internal departments and external sponsors.
Maintain detailed documentation of payment activity and support audit readiness for sponsored research accounts.
Contribute to the development and refinement of policies, procedures, and internal controls related to incoming payments.
Support system upgrades and automation initiatives to improve efficiency and data integrity.
Assist management with ad hoc projects, property data analysis, and other related assignments as required.
Qualifications
Bachelor's degree in a related field
2–3 years of work experience, preferably in a university or cash management environment
Strong organizational, time management, written and verbal communication skills
Detail oriented with the ability to multi-task and prioritize routine tasks and ad-hoc requests
Intermediate skills in Excel, including complex formulas to acquire, organize, and analyze data
Ability to work independently and collaboratively in a small, collegial team
Preferred Skills
Experience with analyzing detailed records, legacy accounting systems, and SAP
Benefits Boston University's benefits package includes health, dental, life insurance, and paid time off. Full-time employees are eligible for tuition remission for courses at Boston University, and the remission benefit extends to dependents. For details, visit the Boston University benefits page.
The department values diversity and inclusion and is committed to building a team that is inclusive and equitable. We encourage applications from women and under-represented groups who share our interest in serving a university community with diverse needs, backgrounds, ethnicities, and abilities.
To apply, upload a resume, list of references (if available), and a cover letter addressed to the Hiring Manager for the Cash Application Analyst position. We provide reasonable accommodation for applicants with disabilities to participate in the application or interview process.
We are an equal opportunity employer and will consider all qualified applicants without regard to race, color, religion, sex, national origin, physical or mental disability, sexual orientation, gender identity, genetic information, military service, pregnancy or pregnancy-related condition, or marital or veteran status. We are a VEVRAA Federal Contractor.
#J-18808-Ljbffr