CASH Application Analyst, Research Finance & Property Management

CASH APPLICATION ANALYST, Research Finance & Property Management

Job Location: BOSTON, MA, United States

Position Type: Full‑Time/Regular

Salary Grade: 47 (Expected Hiring Range: $60,000.00 – $70,000.00)

The Cash Application Analyst is a key member of the Research Financial Operations team at Boston University. Reporting to the Assistant Director, Accounts Receivable and Cash Operations, the role ensures accurate application of sponsor payments, proper recording, reconciliation, and alignment with award terms and institutional policies.

• Upload daily bank files into the financial system.
• Investigate and resolve unmatched payments using remittance advice, sponsor communication, or internal records.
• Apply incoming payments (ACH, wire, checks) to sponsored research accounts in accordance with award terms and university policies.
• Reconcile sponsor payments against invoices and award records, ensuring accuracy and compliance with federal, state, and sponsor‑specific guidelines.
• Investigate and resolve payment discrepancies, over payments, and unapplied funds in collaboration with internal departments and external sponsors.
• Maintain detailed documentation of payment activity and support audit readiness for sponsored research accounts.
• Contribute to the development and refinement of policies, procedures, and internal controls related to incoming payments.
• Support system upgrades and automation initiatives to improve efficiency and data integrity.
• Assist management with ad‑hoc projects, property data analysis, and other related assignments as required.

• Bachelor's degree in a related field.
• 2–3 years of work experience, preferably in a university or cash management environment.
• Strong organizational, time‑management, written and verbal communication skills.
• Highly detail‑oriented with the ability to multi‑task and prioritize routine tasks and ad‑hoc requests.
• Intermediate skills utilizing Excel, including complex formulas to acquire, organize, and analyze data.
• Ability to work both independently and collaboratively in a small, collegial team environment.

• Experience with analyzing detailed records, legacy accounting systems, and SAP.

Boston University’s generous benefits package includes health, dental, life insurance, and paid time off. Full‑time employees are eligible for tuition remission for courses at Boston University, with the benefit extending to dependents. For more details, refer to the BU benefits page.

We are committed to building an inclusive and equitable workplace. We encourage applications from women and under‑represented groups.

Interested applicants should upload a resume, list of references (if available), and a cover letter addressed to “Hiring Manager Cash Application Analyst.” Reasonable accommodation is available for individuals with disabilities.

We are an equal opportunity employer; all qualified applicants will receive consideration for employment without regard to race, color, natural or protective hairstyle, religion, sex, age, national origin, physical or mental disability, sexual orientation, gender identity, genetic information, military service, pregnancy or pregnancy‑related condition, or marital, parental, or veteran status. We are a VEVRAA Federal Contractor.