Cash Applications Specialist
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Job Location:
Monthly Salary:
Experience Required:
Posted on:
6 hours ago
Vacancies:
1 Vacancy
Job Summary
The Cash Applications Specialist is responsible for accurately applying customer payments to accounts receivable records and ensuring timely reconciliation of incoming funds. This role plays a critical part in maintaining accurate financial records supporting cash flow visibility and collaborating with internal teams to resolve payment discrepancies. The ideal candidate is detail-oriented organized and comfortable working in a fast-paced mid-sized business environment.
Requirements
Key Responsibilities
- Post and apply customer payments (ACH wire transfers checks credit cards) to appropriate accounts and invoices
- Reconcile daily cash receipts to bank deposits and general ledger entries
- Research and resolve unapplied or misapplied payments short pays and discrepancies
- Work closely with Accounts Receivable Billing and Customer Service teams to resolve payment issues
- Maintain accurate records of all cash transactions and supporting documentation
- Prepare and distribute daily/weekly cash application reports
- Assist with month-end closing activities including account reconciliations
- Monitor aging reports and support collection efforts when needed
- Ensure compliance with internal controls company policies and audit requirements
Qualifications
- 1-2 years of experience in cash applications accounts receivable
- Strong understanding of accounting principles and AR processes
- High attention to detail and accuracy
- Strong analytical and problem-solving skills
- Excellent communication and organizational skills
Required Skills:
Key Responsibilities Post and apply customer payments (ACH wire transfers checks credit cards) to appropriate accounts and invoices Reconcile daily cash receipts to bank deposits and general ledger entries Research and resolve unapplied or misapplied payments short pays and discrepancies Work closely with Accounts Receivable Billing and Customer Service teams to resolve payment issues Maintain accurate records of all cash transactions and supporting documentation Prepare and distribute daily/weekly cash application reports Assist with month-end closing activities including account reconciliations Monitor aging reports and support collection efforts when needed Ensure compliance with internal controls company policies and audit requirements Qualifications 1-2 years of experience in cash applications accounts receivable Strong understanding of accounting principles and AR processes High attention to detail and accuracy Strong analytical and problem-solving skills Excellent communication and organizational skills
