Cash Application Analyst

Company Description

Palmetto is a leading clean tech company on a mission to accelerate the transition to a clean energy future. With a belief that consumers can have it all, we are an uncompromising energy company that makes coming clean a no brainer. Our award-winning technology platform empowers homeowners, businesses, and entrepreneurs to adopt renewable energy through simple, scalable, and innovative solutions. Operating at the intersection of B2B and D2C, we offer software, financial products, and services that drive real environmental impact-without compromising value. We deliver end-to-end solutions for whole home electrification that put clean energy within reach for all.

Our employees are our most valuable resource. We foster a promote-from-within culture that prioritizes talent development, career growth, and purpose-driven work. Palmetto offers a comprehensive benefits package-including unlimited PTO, medical, dental, and vision coverage, paid parental leave, retirement plans, and more-so you can have it all both personally and professionally. Palmetto prioritizes people, planet, and profit-backed by a culture that values collaboration, impact, and balance. Join us in building a brighter, cleaner world.

Department Description

Palmetto Capital is a branch of Palmetto focused on the democratization of the renewable energy and HVAC industries. We provide homeowners with financial products to benefit from solar power, energy storage systems, and home efficiency through advanced heating and cooling technologies. We empower solar and HVAC sales professionals and installation companies with access to our proprietary platform, financing, customer management system, and milestone quality control system. Our #1 focus is a phenomenal experience for our customers and partners, evidenced in our growing financial product adoption.

Location

This position will be based in the Philippines.

Summary of Role

The Cash Application Analyst ensures the integrity and accuracy of customer payment processing across multiple systems and funding channels. You'll be responsible for applying payments, reconciling accounts, identifying discrepancies, and partnering cross-functionally to keep our financial operations running smoothly. This role sits at the intersection of detail and impact - helping us maintain strong financial controls while supporting our larger mission to scale clean energy access.

Strategic & Tactical

• Apply and reconcile payments. Ensure customer payments are accurately applied to customer accounts (ACH, wire, lockbox, credit card, check) and ensure they are properly applied across funds and systems.
• Prepare and manage transfers. Prepare weekly wire transfers across bank accounts to ensure proper fund alignment and correct any misapplied or misplaced payments.
• Manage exceptions. Research unapplied cash or discrepancies; collaborate with Billing & Collections, our subservicer, and Accounting to resolve issues promptly.
• Review cash collections vs. forecasts. Compare cash collected to cash expected using forecasts and billing system reports, investigating and resolving discrepancies.
• Open and manage bank accounts with sub-servicer. Coordinate the setup and management of new bank accounts through our subservicer to support cash flow and fund allocation needs.
• Ensure data integrity. Maintain accurate transaction records and reconciliations.
• Strengthen controls. Support internal control processes, fund assignment reviews, and audit documentation to ensure compliance and transparency.
• Drive process improvement. Identify root causes of recurring issues and recommend enhancements to improve efficiency, automation, and accuracy.

Qualifications

Employment is contingent upon the successful completion of a background check.

Equal Employment Opportunity

Palmetto embraces diversity and is an Equal Employment Opportunity employer. Employment is decided on the basis of qualifications, merit, and business need. We do not discriminate based upon race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, status as a protected veteran, status as an individual with a disability, or any other status protected under federal, state, or local law.

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