Cash Application Coordinator
Cash Application Coordinator
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Job Description
Company Overview:
BlueStar is a leading global solutions-based distributor of Point-of-Sale Bar-coding data collection radio frequency identification (RFID) and Wireless mobility products. BlueStar works exclusively with Value Added Reseller Partners providing them with complete solutions at competitive prices. The company brings unequaled expertise to the market offers award-winning technical support and is an authorized service center for a growing number of manufacturers.
The Cash Application Coordinator will be responsible for ensuring that payments are accurately and efficiently applied to BlueStar customer accounts. This position requires attention to detail accuracy and a solid understanding of banking and payment processes. This role will work closely with and assist the Credit Manager in continuous improvement projects within the cash application function and plays an important role in order-to-cash and collections cycle of the Credit Department.
Essential responsibilities include:
- Accurately post all payments to the appropriate customer accounts
- Reconcile daily deposits including ACHs wires credit card and lockbox payments with the corresponding remittance advice
- Communicate with internal and external customers to secure remittance advice to ensure timely posting of payments
- Process customer chargebacks to ensure a prompt resolution
- Manage shared email boxes containing customer correspondence relating to remittance advice chargebacks customer statements and other miscellaneous communication
- Minimize cash on account and misapplied payments
- Support process improvements accept and advocate change in the way of working
- Support internal and external audits
- Process Credit/Debit card charges credits declines and disputes.
- Other projects as requested by Management
Job Requirements:
- High school diploma; Associates degree or some secondary education preferred.
- Minimum of 1-2 years of experience in accounting is preferred but not required
- Strong analytic and problem-solving skills to identify and resolve discrepancies
- Must have strong math and organizational skills
- Must have strong data entry skills.
- High level of accuracy and attention to detail in handling financial transactions.
- Excellent verbal/written communication skills.
- Must be highly motivated self-starter and possess a drive for excellence.
- Ability to handle multiple tasks prioritizes accordingly and stay organized.
- Knowledge of personal computer system and software required (Oracle Microsoft Word Microsoft Excel) and willingness to learn as new software is introduced.
This is a non-exempt position.
Equal Opportunity Employer/Veterans/Disability.
Required Experience:
IC
Employment Type
Full-Time
