Junior Cash Application Accountant

Job Description
Purpose of the Team – Cash Application Team
The Cash Application team ensures the accurate and timely application of all incoming payments,
reducing unapplied cash
. Operating in a fast-paced and collaborative environment, the team manages core activities such as cash posting, resolving payment discrepancies, processing refunds, working tickets in ServiceNow, and supporting cross-functional partners.

The team plays a crucial role in performing and improving
monthly controls
, monitoring KPIs, and ensuring compliance with financial and audit requirements. These controls help detect discrepancies early and support accurate financial reporting across all entities and business units.

Collaboration is a key foundation of the team's success. Cash Application works closely with Billing, Collections, Treasury, and other operational teams to ensure aligned processes, smooth handoffs, and efficient issue resolution. The team also engages in system testing, supports enhancement rollouts, identifies root causes of posting or payment allocation issues, and contributes to continuous process optimization.

The Cash Application team fosters a culture of knowledge sharing, teamwork, and professional growth. Surrounded by colleagues with diverse expertise, team members have opportunities to develop technical skills, strengthen analytical capabilities, and actively influence improvements to processes and systems.

Purpose of the Role – Cash Application Accountant
The Cash Application Accountant plays a vital role in maintaining the accuracy, timeliness, and integrity of incoming payment processing. In this position, you are responsible for correctly applying customer payments, resolving unapplied cash, performing reconciliations, managing refunds, and addressing discrepancies in alignment with company policies and customer accounts. Your work directly influences the organization's cash flow, aging performance, and financial reporting quality.

Success in this role requires strong collaboration across Billing, Collections, Treasury, Finance, and cross-functional operational teams.

You will work extensively in systems such as
Oracle, ServiceNow, and banking platforms
, supporting issue resolution, enhancing payment visibility, and ensuring accurate and efficient cash posting across all incoming transactions.

Beyond daily operations, the role offers opportunities to contribute to
process improvements
, develop
KPIs
, support
internal and external audits
, and enhance
monthly control processes
. This position offers meaningful professional development within a dynamic, collaborative environment that values high-quality work, precision, ownership, and continuous improvement.

Responsibilities

• Perform daily cash application activities, including lockbox processing, ACH wires, and manual entries
• Participate in process transitions and knowledge transfers from the U.S.
• Communicate frequently with business units to clarify cash receipts and ensure proper application
• Reconcile and balance cash received on a daily and monthly basis for assigned business units
• Process customer refunds in cases of overpayment
• Support collection efforts and assist in resolving outstanding issues
• Provide assistance to the team lead with ad hoc tasks and projects
• Apply critical thinking and sound judgment in decision-making
• Work efficiently in a fast-paced, professional environment
• Handle customer inquiries and provide accurate information
• Perform month-end closing activities
• Complete responsibilities outlined in the annual Performance Plan
• Execute special projects and other duties as assigned
• Collaborate with auditors during reviews and audits
• Promote and uphold a diverse and inclusive work environment.

Qualifications

• Minimum of 1 year of experience in Finance, preferably in Accounts Receivable and Cash Application
• Proficiency in English at C1 level+
• Strong skills in MS Outlook, Word, and Excel
• Bachelor's degree in Accounting, Business, or Finance (preferred)
• Exceptional attention to detail and accuracy
• Ability to work effectively in a team environment
• Strong analytical and problem-solving skills
• Willingness to work in a hybrid model as a fulltime employee in Cracow city center based office
• Experience with Oracle finance system is a plus.

About Us
For over 50 years, Verisk has been the leading data analytics and technology partner to the global insurance industry by delivering value to our clients through expertise and scale. We empower communities and businesses to make better decisions on risk, faster.

At Verisk, you'll have the chance to use your voice and build a rewarding career that's as unique as you are, with work flexibility and the support, coaching, and training you need to succeed.

For the eighth consecutive year, Verisk is proudly recognized as a Great Place to Work for outstanding workplace culture in the US, fourth consecutive year in the UK, Spain, and India, and second consecutive year in Poland. We value learning, caring and results and make inclusivity and diversity a top priority. In addition to our Great Place to Work Certification, we've been recognized by The Wall Street Journal as one of the Best-Managed Companies and by Forbes as a World's Best Employer and Best Employer for Women, testaments to the value we place on workplace culture.

We're 7,000 people strong. We relentlessly and ethically pursue innovation. And we are looking for people like you to help us translate big data into big ideas. Join us and create an exceptional experience for yourself and a better tomorrow for future generations.

Verisk Businesses
Underwriting Solutions — provides underwriting and rating solutions for auto and property, general liability, and excess and surplus to assess and price risk with speed and precision

Claims Solutions — supports end-to-end claims handling with analytic and automation tools that streamline workflow, improve claims management, and support better customer experiences

Property Estimating Solutions — offers property estimation software and tools for professionals in estimating all phases of building and repair to make day-to-day workflows the most efficient

Catastrophe and Risk Solutions — provides risk modeling solutions to help individuals, businesses, and society become more resilient to catastrophic events. .

Specialty Business Solutions — provides an integrated suite of software for full end-to-end management of insurance and reinsurance business, helping companies manage their businesses through efficiency, flexibility, and data governance

Marketing Solutions — delivers data and insights to improve the reach, timing, relevance, and compliance of every consumer engagement

Life Insurance Solutions – offers end-to-end, data insight-driven core capabilities for carriers, distribution, and direct customers across the entire policy lifecycle of life and annuities for both individual and group.

Verisk Maplecroft — provides intelligence on sustainability, resilience, and ESG, helping people, business, and societies become stronger

Verisk Analytics is an equal opportunity employer.

All members of the Verisk Analytics family of companies are equal opportunity employers. We consider all qualified applicants for employment without regard to race, religion, color, national origin, citizenship, sex, gender identity and/or expression, sexual orientation, veteran's status, age or disability. Verisk's minimum hiring age is 18 except in countries with a higher age limit subject to applicable law.

Unsolicited resumes sent to Verisk, including unsolicited resumes sent to a Verisk business mailing address, fax machine or email address, or directly to Verisk employees, will be considered Verisk property. Verisk will NOT pay a fee for any placement resulting from the receipt of an unsolicited resume.

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