Cash Application Specialist

Position Purpose:

The AR Cash Application Specialist role at the Company serves a crucial function in resolving and applying transactions within the firm. The professional in this position is tasked with diligently applying cash payments reconciling balances maintaining comprehensive documentation and working collaboratively with other departments to ensure accuracy and promptness of financial dealings. Implementing analytical organizational and advanced accountancy knowledge they operate under high-volume conditions demonstrating resilience keen attention to detail and a consistent performance focused on achieving the firms fiscal objectives.

Key Responsibilities:

• Consistently apply cash daily reflecting payments received within a specific region as well as from lockbox credit card settlements EFT/ACHs and AR deposits maintaining alignment with the companys protocol for high-volume transactions.

• Accurately apply non-AR payments to the General Ledger ensuring ledger entries are updated and reconciled.

• Collaborate with the Credit and Staff Accountant to reconcile cash rectify discrepancies and ensure adequate application of all payments within the correct accounting periods.

• Prepare organized accurate records and maintain proper documentation to support audit requirements and branch inquiries with a continuous focus on data integrity and confidentiality.

• Self-manage workload and priorities to meet set deadlines using strong organizational skills and an ability to multitask.

• Apply proficient Excel skills and an understanding of DMSi/Agility to ensure smooth financial operations.

• Effectively communicate and resolve issues with customers employees and colleagues demonstrating the ability to remain proficient effective and calm in high volume fast-paced environments.

Direct Manager Direct Reports:

The AR Cash Application Specialist will directly report to the Cash Application Manager in the Company. This role does not have any direct reports. The specialist will work alongside the Accounting and Credit divisions in close collaboration ensuring smooth transactions and reconciliation processes. They will communicate actively with their Direct Manager for operational guidance performance reviews and who will assist in the resolution of complex issues if necessary. With no direct reports the AR Cash Application Specialist will focus predominantly on task-oriented deliverables and individual performance. The role is both functionally and administratively accountable to the Cash Application Manager.

Travel Requirements:

The AR Cash Application Specialist role in the Company does not require regular travel as all duties and responsibilities can be performed primarily onsite or remotely based on company guidelines and protocols.

Physical Requirements:

This position primarily operates in a professional office environment and routinely uses standard office equipment such as computers phones photocopiers and fax machines. The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. While performing the duties of this job the employee is regularly required to talk hear see stand walk and may frequently lift up to 20 pounds. Reasonable accommodations may be made in compliance with the Americans with Disabilities Act (ADA) to enable individuals with disabilities to perform the essential functions. It is the policy of the Company to make reasonable adjustments in the work environment to allow every individual to perform their duties efficiently. The acknowledgment of the ADA further underscores our commitment to providing equal employment opportunities fostering diversity and inclusion in the workplace.

Working Conditions:

The AR Cash Application Specialist in the Company will work within a dedicated cultural framework characterized by a professional office setting. Positioning our employees wellbeing as a fundamental priority we follow health and safety procedures as outlined by national and global standards ensuring to provide a comfortable uplifting workspace to foster productivity. Reported regularly to the Cash Applications Manager the Specialist will work as part of a dynamic integrated team driven by a common objective. Notably this role operates within a fast-paced environment that is deadline-driven demanding excellent time management skills and a remarkable ability to handle continuous high volumes of transactions. Despite the fast-paced nature the Company encourages a balanced work-life approach and strives to maintain a cohesive supportive work atmosphere.

Minimum Qualifications:

• Minimum of Associates Degree in Accounting or related field.

• At least 3 years of experience functioning in Cash Application and/or Accounts Receivable roles.

• Solid past experience in a large company with extensive transaction volume.

• Strong competency and proficiency in Excel.

• Familiarity with DMSi/Agility software is an added advantage.

• Extensive understanding of client payments and cash application procedures.

• Able to maintain efficiency and composure in high-volume payment and customer deductions environment.

• Robust attention to detail and bookkeeping skills.

• Excellent problem-solving skills and an ability to work through issues with customers employees and colleagues.

• Capability to work independently and complete tasks before deadlines.

• Strong organization and communication skills.

• Ability to go the extra mile to ensure completion and accuracy of tasks.

• Strong multi-tasking abilities.

• Excellent keyboarding skills including proficiency with 10-key.

• Must complete and pass a pre-employment drug background and reference checks.

Preferred Qualifications:

• Bachelors Degree in Accounting or related field.

• 5 years of experience in Cash Application Accounts Receivable or related field.

• Experience in a leadership role or with training new team members.

• Proven track record of working in a high volume fast-paced environment.

• Skilled in other accounting software such as SAP Oracle QuickBooks.

• Fluency in a second language may be advantageous for communicating with diverse clientele.

• Strong problem-solving skills and the ability to think strategically about cash application processes.

• Familiarity with GAAP and other relevant accounting regulations.

• Evidence of maintaining effective relationships with clients stakeholders and teammates.

• Proven ability to achieve results both independently and through others either as a project leader or project contributor.

• Certified Accounts Receivable Professional (CARP) or Certified Credit Executive (CCE) designation is a plus.

• Proficiency with data visualization and reporting tools.

• Experience with managing corporate credit cards and the reconciliation process.

• Advanced Excel skills including VLOOKUPs pivot tables macros and more.

• Evidence of continuous learning such as relevant training and professional development courses.

• Experience working in the building products distribution industry is a plus.

• Ability to demonstrate consistent enforcement and follow up on the Companys policies and procedures. Proven track record of maintaining organized financial files and documentation for audit and branch inquiry purposes.

• Demonstrated competency in processing payments correctly within an accounting period and balancing cash drawers for multiple locations.

• Proven ability to collaborate with Credit and Staff Accountants in reconciling cash and resolving discrepancies.

• A strong sense of responsibility precision and timeliness.

• Willingness to learn and upgrade skills as per job demands.

• Exhibit a strong and consistent performance reliability and efficiency.

• Capacity to coordinate various tasks simultaneously and manage time effectively.

Minimum Education:

The minimum education required for the AR Cash Application Specialist position is an Associates Degree in Accounting.

Preferred Education:

An ideal candidate would hold a Bachelors degree in Accounting or a related field demonstrating advanced understanding of cash application processes and principles necessary for this role. Equipped with a strong foundation from a four-year program the candidate will be well-prepared to handle the depth of responsibilities this position entails.

Minimum Years Of Work Experience:

The ideal candidate for the AR Cash Application Specialist role brings a minimum of three years experience in Cash Application and/or Accounts Receivable. Large company experience with high volume transactions is strongly desired.

Certifications:

None required.

The preferred certifications for the AR Cash Application Specialist in the Company include:

• Certified Accounts Receivable Specialist (CARS)

• Certified Credit and Collection Professional (CCCP)

• Certified Accounts Payable Associate (CAPA)

• Certified Global Master Sourcing Professional (CGMSP)

• Certified in Excel

• Certified DMSi/Agility user.

Competencies:

Cash Handling Expertise: Proficiency in managing cash applications reconciling and balancing cash drawers across multiple locations and comprehending the cash application process.
Analytical Competence: Demonstrable bookkeeping and analytical skills with ability to efficiently solve discrepancies and navigate high-volume transaction environments.
Communication Skills: Exceptional interpersonal abilities able to address issues with co-workers customers and colleagues in a professional calm manner along with incorporation of proficient verbal and written communication skills.
Organization Skills: Strong documentation and file management abilities maintaining organized files for auditing and inquiry purposes and displaying a keen eye for detail.
Independent Working: Ability to work independently self-motivated to meet project timelines and can work without consistent supervision.
Technical Proficiency: Proficient Excel skills adaptability towards utilizing specific software like DMSi/Agility and excellent keyboarding skills including 10-key.
Multitasking Ability: Comfort in juggling multiple tasks simultaneously without compromising on the quality of work or missing deadlines.
Proactive Dedication: Zeal to go the extra mile demonstrating a desire to learn and markedly focused on consistently delivering high-quality performance.

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Job Location: SRS Distribution - McKinney

7440 State Highway 121 McKinney TX 75070-3104

As an Equal Employment Opportunity (EEO) employer SRS Distribution Inc. including all its subsidiaries provides job opportunities to qualified individuals without regard to actual or perceived race color creed religion national origin sex gender age disability gender identity sexual orientation citizenship status uniform service veteran status marital status genetic information physical or mental disability or any other characteristic in accordance with applicable federal state and local EEO laws. If you are an individual with a disability or a disabled veteran and require a reasonable accommodation in applying for any posted position please contact Human Resources at US: 855.556.3221 or by email to: with the nature of your accommodation request and include the Business name location and title of the job opening. Please allow one (1) business day for a reply. All employment offers are contingent upon successful completion of a background check and drug screen as permitted by law.

Competitive weekly/bi-weekly pay discretionary bonuses 401(k) with company match Employee Stock Purchase Plan paid time off (vacation sick volunteer holidays birthday floating) medical/dental/vision flexible spending accounts company-paid life and short-term disability plus optional long-term disability and additional life insurance. All benefits subject to eligibility.

Should a Candidate be submitted to fill a position by a recruiting or staffing services agency (Agency) the Company has no obligation to pay the Agency any fee for submission offer placement or any service without a fully executed contract of service covering the engagement.