Associate, Shared Services – Accounts Receivable Cash Applications

Job Description

Associate, Finance Shared Services | L3Harris Technologies

The Tone:
This is a full-time, remote role at L3Harris Technologies. L3Harris is a defense technology company that delivers end-to-end solutions connecting space, air, land, sea, and cyber domains in the interest of national security. The Associate, Finance Shared Services role, specifically as an Accounts Receivable Cash Applications Analyst, is crucial for maintaining the integrity of accounts receivable records. This position supports cash visibility and ensures all financial transactions are recorded accurately and in accordance with established procedures, directly impacting the company’s financial health and operational efficiency.

The TL;DR
• Role: Early Career
• Type: 9/80
• Location: Remote
• Pay: $37440–$85280 yearly
• Mission: This role ensures the timely, accurate, and controlled application of incoming cash receipts, daily bank activity reconciliation, and related general ledger postings to maintain accounts receivable integrity.
• Tech Stack: Microsoft Office suite, Outlook, Advanced Excel, banking platforms, cash application tools, financial systems

What You’ll Actually Do
• Cash Application: Analyze daily bank activity and accurately apply customer payments against open accounts receivable balances in a timely manner.
• Reporting & Reconciliation: Monitor, run, and maintain bank balance reporting to support daily cash visibility and reconcile accounts receivable and cash application activity to resolve discrepancies.
• General Ledger Postings: Record cash receipts and post related journal entries to the general ledger, ensuring completeness, accuracy, and proper account balancing.
• Stakeholder Collaboration: Partner with internal teams and external customer accounts payable contacts to obtain remittance details, resolve payment identification issues, and clear intercompany payments or unidentified cash items.
• Process Improvement: Evaluate current cash application workflows and recommend process enhancements, standardization opportunities, and automation solutions to improve efficiency and control.

The Must-Haves
• Background: Applicants must be pursuing a Bachelor’s Degree in Finance or Business equivalent or have completed their Bachelor’s degree within the last 12 months, regardless of age.
• Experience: Proven ability to consistently meet deadlines and targets, with a focus on timely, accurate, and controlled application of cash receipts and reconciliation activities.
• Skills: Strong verbal and written communication skills, advanced Excel proficiency, excellent problem-solving abilities, self-starter mentality, and the capacity to work both independently and as part of a team.
• Bonus: Knowledge of banking platforms, cash application tools, and financial systems used for receivables and treasury operations. Experience supporting process improvement or automation initiatives that enhance efficiency, accuracy, or internal controls.