Cash Allocations Representative Remote

Thermo Fisher Scientific is a global leader in scientific innovation, supporting teams worldwide with advanced technology and high-performance operations. The Cash Allocations Representative role supports the Order-to-Cash department by processing cash receipts, resolving unapplied payments, performing reconciliations, and ensuring accurate financial transactions. The position requires strong attention to detail, communication skills, and the ability to manage accounts receivable processes efficiently while collaborating with internal teams and customers.

The Cash Allocations Representative role at Thermo Fisher Scientific focuses on processing daily cash receipts, managing accounts receivable transactions, and ensuring accurate allocation of payments across multiple customer accounts. The position works within the Order-to-Cash function and requires timely posting of bank receipts, resolution of unapplied cash, and performance of key month-end activities. This role interacts closely with credit control teams, accounting teams, and external customers to resolve discrepancies, obtain remittances, and maintain compliance with internal controls and documentation requirements.

Responsibilities:
- Monitor incoming cash daily and process all bank receipts accurately.
- Allocate debtor suspense amounts to customer accounts or the appropriate G/L areas.
- Record cheque receipts and coordinate with banks for timely posting.
- Investigate and resolve payment discrepancies and maintain proper documentation.
- Perform month-end close activities including reconciliations and reporting.
- Collaborate with credit control teams to resolve unallocated payments and complex issues.

Requirements:
- Experience with accounts receivable or cash application processes preferred.
- Strong attention to detail and ability to maintain accurate financial documentation.
- Proficiency with ERP systems and familiarity with internal control requirements.
- Strong communication skills for interacting with internal teams and customers.
- Ability to manage multiple tasks while meeting established SLAs and deadlines.
- Understanding of reconciliation, unallocated cash management, and audit compliance.

Benefits: (optional)
- Opportunities for growth within a global industry leader.
- Collaborative environment focused on performance, quality, and innovation.
- Exposure to international financial operations and Order-to-Cash processes.
- Remote work flexibility depending on team requirements.

This role is ideal for individuals who excel in transactional accuracy, process discipline, and supporting financial operations through detailed account management.