Cash Application Analyst

Who We Are

Lennox (NYSE : LII) Driven by 130 years of legacy, HVAC and refrigeration success, Lennox provides our residential and commercial customers with industry-leading climate-control solutions. At Lennox, we win as a team, aiming for excellence and delivering innovative, sustainable products and services. Our culture guides us and creates a workplace where all employees feel heard and welcomed. Lennox is a global community that values each team member's contributions and offers a supportive environment for career development. Come, stay, and grow with us.

What Drives Success

The Cash Application Analyst is responsible for accurately processing and applying incoming customer payments to their respective accounts within our Lennox accounting system. This includes reconciling discrepancies, resolving payment issues, and maintaining accurate financial records to optimize cash flow. This helps to support the overall financial health of the organization. The Analyst is essentially ensuring timely and correct allocation of customer payments to their invoices.

Responsibilities : Payment processing :

Accurately posting customer payments from various sources like checks, ACH transfers, credit card, and wire transfers to corresponding customer accounts.

Reconciliation :

Matching customer payments with invoices and identifying any discrepancies between received payments and outstanding balances.

Discrepancy resolution :

Investigating and resolving payment discrepancies by reaching out to the credit analyst, another Team member, or other relevant department to clarify issues and ensure proper allocation of the funds.

Continued Cross - Training :

To develop and broaden your knowledge within the Cash Applications Team. The goal is for the Cash Applications Team to have a backup for every work function within the group.

What We Are Looking For

• Requires a high school diploma or an equivalent combination of education and experience.
• Requires at least 1-3 years related experience.
• Strong attention to detail and accuracy in data entry
• Excellent analytical skills to identify and resolve discrepancies
• Proficiency in accounting principles
• Strong written and verbal communication skills
• Ability to work independently and as part of a Team
• Ability to multitask and meet deadlines
• Prior experience with accounts receivable and cash application processes a plus

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What We Offer

Compensation : This is a salaried non-exempt role. This means that employees are paid a salary and also receive overtime pay when they work more than 40 hours in a week (or as otherwise required by state law). The starting salary range for this role and market is between $39,000 - $51,500 annually. Factors that may affect starting salary include geography / market and the skills, education, experience, and other qualifications of the successful candidate.

Employees in this role are also eligible for abonus in accordance with the terms of the Company's applicable plan.

Benefits : Subject to applicable eligibility requirements, the following benefits are offered for this role : tuition reimbursement; medical, dental, and vision insurance; prescription drug coverage; 401(k) retirement plan; short-term disability insurance; 8 weeks paid birthing leave; 2 weeks paid bonding leave; life and long-term disability insurance.

Depending on date of hire, and subject to applicable eligibility requirements, new employees in this role also receive up to : 12 days paid time off, 2 paid well-being days, 1 paid volunteer day, 12 paid holidays, and 3 floating holidays per year.

Our Culture : At Lennox, our Core Values of Integrity, Respect & Excellence are ingrained in the fabric of the organization. They define our culture - which is about how we do business and how we treat others. Lennox is not just a workplace; we are a global community that values each team member's contributions. As an equal opportunity employer, we are committed to recruit, develop, and retain talented individuals from a wide range of backgrounds, ensuring that everyone has the opportunity to succeed and contribute to our continued growth and success. At Lennox, you'll take pride in our brands, knowing you are part of something special. Come, stay, and grow with us!

Disclaimers : The compensation and benefits information is accurate as of the date of this posting. Lennox reserves the right to modify this information at any time, with or without notice, subject to applicable law.