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Cash Application Specialist

Location : Charlotte, NC
Job Type : Temp/Contract to Direct
Reference Code : Ashley Todd
Compensation : 19.00 USD/HOUR
Hours : Full Time
Travel : No
Relocation : No
Industry : Accounting - Finance

Job Description :

The Cash Applications Specialist position is responsible to provide accurate, efficient and timely application of customer payments within company’s ERP system. The position must engage and work directly with other functions to improve the activities of the cash application department. This role reports directly to the Cash Accountant in the Finance department.


Pull and/or send daily cash reports for lock box checks, deposits, wires, credit cards, ACH, EFT, etc. from multiple sources not limited to online banking resources, multiple lock boxes and email notifications

Process high volume, multi-currency receivables to customer’s accounts

Accurately complete daily cash postings, adjustments and assignments within given deadlines

Proactively follow up on incoming receipts with no accompanying remittance or guidance on where to apply

Research to identify intended customer or invoice using various resources which could include contacting credit managers and/or associates

Handle requests from internal customer groups such as Collections, Invoicing, management, etc. with effective and professional communication

Develop, document and maintain cash application standard operating procedures

Update SOP with new processes or changes as they arise

Responsible for routine review, proposed resolution and execution of clearing unapplied cash, which may require additional research and potentially including contacting customer or using online search engines. 

Work closely with colleagues and other Finance departments to fill in gaps, resolve issues and improve process flow

Maintain organized spreadsheets, files, reports and supporting documentation

Perform other duties or projects as assigned by supervisor or other management

Promote teamwork and a pleasant work environment

Adhere to Company policies and procedures

Required Qualifications :

  • Associates degree highly preferred and Undergraduate degree is helpful but not required

  • Three (3) or more years in a cash application or accounts receivable function with exposure to light accounting functions

  • Experience with online banking resources, lock box concepts, credit card payment systems

  • Proficient with Microsoft Office products in particular Outlook, Excel, Skype

  • ERP system experience; specifically, INFOR and/or Bill Trust would be an advantage

  • Ability to solve problems, prioritize and multi-task in a deadline-driven environment

  • Self-motivated and results-oriented with a high degree of integrity and drive

  • Comfortable learning new systems and operating within multiple systems

  • Excellent verbal and written communication, interpersonal skills

  • Flexibility to work overtime if workload demands

  • Distribution or similar industry experience preferred

  • A sense of urgency and self-motivation, with a personal commitment to meeting deadlines

  • Must be detail oriented

  • Coordinate work load to meet simultaneous deadlines

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