Financial Cash Disbursements Analyst

Since 1953, Ferguson has been a source of quality supplies for a variety of industries. We build better infrastructure, homes, and businesses by making complex projects simple, successful, and sustainable. As a Fortune 500 company, Ferguson provides best-in-class products, service, and capabilities across industries including Commercial/Mechanical, Facilities Supply, Fire and Fabrication, HVAC, Industrial, Residential Trade, Residential Building and Remodel, Waterworks, and Residential Digital Commerce. With approximately 36,000 associates across 1,700 locations, Ferguson is a community of proud professionals dedicated to meaningful work.

About the role

The Financial Cash Disbursements Analyst will handle all financial disbursements for indirect and direct payables, totaling more than $1.5B per month. This role focuses on the cash disbursement side of the procure-to-pay cycle, ensuring daily operations run smoothly while driving critical initiatives and operational improvements. This position is approved for remote work in the United States; candidates must reside in the Eastern or Central time zone and work 8:00 AM – 5:00 PM EST due to check processing and business requirements.

Responsibilities

• Research and analyze check file processes using established guidelines to ensure efficiency.
• Perform regular reconciliations of accounts payable transactions for accuracy and completeness.
• Navigate, research, and analyze system data to respond to inquiries and advise on root causes.
• Enter domestic and foreign wires.
• Work with the Accounting group to resolve outstanding items on bank statements.
• Assist in internal and external audits by providing documentation and reports.
• Send weekly reports to departments on errors, critical issues, frozen vendors, manual checks, and payment cycle information.
• Exhibit understanding of three-way match processes, vendor discounts, and payment terms.
• Work autonomously to complete tasks and ensure check processes adhere to guidelines.
• Identify and resolve issues related to vendor invoices, payment discrepancies, and accounts payable matters.
• Develop and implement strategies to streamline disbursements processes and enhance efficiency.
• Prioritize payment files to protect discounts and ensure thorough completion of work.
• Identify and resolve missed discount opportunities in standard processing cycles.
• Handle administrative functions outside of disbursements pertinent to daily department operations.
• Generate and communicate presentations to large groups.
• Ensure awareness of cross-functional policies and procedures.
• Analyze quantitative and qualitative data to determine solutions and promote data-driven decisions.
• Collaborate with internal and external partners on findings and areas needing improvement.
• Analyze processes and workflows to improve or automate business performance.
• Monitor key performance indicators, identify gaps, and recommend change management techniques.
• Conduct training sessions.
• Prepare departmental reports or charts.
• Perform other duties or special projects specific to Financial Cash Disbursements operations.

Requirements

• College degree preferred or equivalent experience in Accounts Payable.
• Minimum of 2-3 years’ experience in payment processing or equivalent exposure to other AP functions.
• Effective analytical, reconciliation, and reasoning skills, including summarizing information and identifying trends.
• Ability to handle and analyze large amounts of data accurately while meeting deadlines.
• Strong proficiency in Microsoft Office, with an emphasis on Excel.
• Strong attention to detail and excellent interpersonal skills.
• Strong written and verbal communication skills.

Benefits

• Health, dental, and vision insurance.
• Paid time off.
• Life insurance.
• 401(k) with company match.
• Mental health coverage.
• Gender-affirming and family-building benefits.
• Paid parental leave.
• Associate discounts.
• Community involvement opportunities.

Pay

Actual pay rate may vary depending on location. The estimated pay range for this position is $2,475.00 – $4,766.30 monthly for salaried roles. This role is eligible for a bonus or incentive plan. Starting wage may be higher in certain locations based on local or state wage requirements.