Finance Shared Services Associate

Job Title: Associate, Shared Services 

Job Schedule: 9/80

Job Code: 40622

Job Location: Remote

Job Description:

The Accounts Receivable Cash Applications Analyst is responsible for the timely, accurate, and controlled application of incoming cash receipts, daily bank activity reconciliation, and related general ledger postings. This role plays a key part in maintaining the integrity of accounts receivable records, supporting cash visibility, and ensuring financial transactions are recorded in accordance with established procedures and internal controls. In addition to daily cash application responsibilities, this position is expected to analyze payment trends, identify process inefficiencies, and recommend or implement automation and process improvements that increase accuracy, reduce unapplied cash, and improve cycle time. The analyst will also provide backup support within Finance Shared Services and assist with other ad hoc assignments as business needs require.

Job Duties: 

• Analyze daily bank activity and accurately apply customer payments against open accounts receivable balances in a timely manner.
• Monitor, run, and maintain bank balance reporting to support daily cash visibility and reconciliation activities.
• Record cash receipts and post related journal entries to the general ledger while ensuring completeness, accuracy, and proper account balancing.
• Reconcile accounts receivable and cash application activity to identify discrepancies, resolve variances, and maintain data integrity across systems.
• Partner with internal stakeholders to research and clear intercompany payments and other unapplied or unidentified cash items.
• Communicate with internal teams and external customer accounts payable contacts to obtain remittance details, resolve payment identification issues, and support timely account clearing.
• Provide regular status updates to management regarding cash application activity, aging of unapplied cash, unresolved payment exceptions, and collection-related concerns.
• Notify program teams of collection risks, payment delays, or customer-specific issues that may impact receivable performance.
• Evaluate current cash application workflows and recommend process enhancements, standardization opportunities, and automation solutions to improve efficiency and control.
• Perform additional ad hoc analysis and operational support as required.

Qualifications:

• To be eligible, 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.

Preferred Skills:

• Proven ability to consistently meet deadlines and targets
• Strong communication skills both verbal and written
• Self-starter; willing to find sustainable solutions when set process is not readily available
• Must be able to work with limited supervision
• Microsoft Office suite of tools and Outlook skills required with an emphasis on Advanced Excel skills
• Excellent problem solving skills with ability to gather and analyze information and resolve difficulties quickly
• Ability to work independently and as part of a team
• Knowledge of banking platforms, cash application tools, and financial systems used to support receivables and treasury operations.
• Proven ability to identify root causes of process issues and recommend practical, scalable solutions.
• Experience supporting process improvement or automation initiatives that enhance efficiency, accuracy, or internal controls.
• Ability to work autonomously while recognizing issues that require escalation to management.
• Demonstrated ability to make recommendations, solve problems proactively, and support continuous improvement efforts.
• Strong customer service mindset and ability to collaborate effectively across functions

In compliance with pay transparency requirements, the salary range for this role in California, Massachusetts, New Jersey, Washington, and the Greater D.C, Denver, or NYC areas is [$42,640.00 MIN - $85,280.00 MAX]. The salary range for this role in Colorado state, Hawaii, Illinois, Maryland, Minnesota, New York state, and Vermont is [$37,440.00 MIN - $74,880.00 MAX].. This is not a guarantee of compensation or salary, as final offer amount may vary based on factors including but not limited to experience and geographic location. L3Harris also offers a variety of benefits, including relocation stipend, 401(k), EAP, and company-paid holidays. The specific programs and options available to an employee may vary depending on date of hire, schedule type, and the applicability of collective bargaining agreements.