Company description

Re:Sources is the backbone of Publicis Groupe, the world’s third-largest communications group. Formed in 1998 as a small team to service a few Publicis Groupe firms, Re:Sources has grown to 4,000+ people servicing a global network of prestigious advertising, public relations, media, healthcare and digital marketing agencies. We provide technology solutions and business services including finance, accounting, legal, benefits, procurement, tax, real estate, treasury and risk management to help Publicis Groupe agencies do what they do best: create and innovate for their clients. In addition to providing essential, everyday services to our agencies,

Re:Sources develops and implements platforms, applications and tools to enhance productivity, encourage collaboration and enable professional and personal development. We continually transform to keep pace with our ever-changing communications industry and thrive on a spirit of innovation felt around the globe. With our support, Publicis Groupe agencies continue to create and deliver award-winning campaigns for their clients.

Overview

As a Cash Collections contractor (6-months), you will be responsible for accurately processing and recording client payments into the corresponding ERP system. This includes matching each payment received to the appropriate invoice or account, based on the type of payment and the client's payment instructions. Your role will be crucial in ensuring that all payments are properly logged, reconciled, and aligned with financial records, contributing to the efficiency and accuracy of the cash application process.

Responsibilities

Cash Application and Bank Entry Management:

• Verify Bank Entries: Download bank statements daily to confirm cash entries in bank accounts, ensuring accuracy and alignment.

• Manage Cashlog Tool: Maintain the cashlog tool/banking control, logging daily bank entries and ensuring the balance matches the bank statement.

• Update Cash Applications: Keep cash application requests and entries up to date, ensuring all payments are correctly recorded.

• ERP Data Entry: Input all cash entries into the ERP system for level one agencies, matching payments to open invoices and/or applying to the general ledger accounts, following established procedures and controls.

Issue Resolution and Process Management:

• Issue Resolution: Proactively address and resolve any issues or escalations related to cash applications, maintaining smooth operations.

• Documentation Management: Ensure proper storage of all cash application documentation in Lion Box, SharePoint, and/or ERP systems, maintaining an organized backup system.

Performance and Compliance:

• Meet Performance Metrics: Consistently meet established metrics and KPIs related to the cash application process, ensuring efficiency and accuracy.

• Compliance: Adhere to Publicis Group’s Janus guidelines and demonstrate professionalism and integrity in all activities.

Team Support and Collaboration:

• Team Support: Provide backup support to other Cash Analysts when needed, ensuring team collaboration and continuity of operations.

Additional Responsibilities:

• Additional Duties: Perform any other duties or responsibilities as assigned by the Treasury Supervisor or Manager.

Qualifications

• Education: A high school diploma or equivalent; accounting or finance-related education is a plus.

• Experience: Previous experience in accounts receivable, cash applications, or similar finance-related roles is preferred.

• Technical Skills: Proficiency in using Microsoft Excel (e.g., formulas, data analysis) and ERP software for data entry and payment tracking.