Cash Application Specialist

Justrite Safety Group•Deerfield, IL

10d•Hybrid

About The Position

At Justrite Safety Group, we're more than just a collection of industrial safety companies; we're a dynamic organization dedicated to protecting people, property, and the planet. Our ever-growing portfolio of companies collaborates to deliver advanced industrial safety solutions that set the standard for excellence. As our business continues to grow, we continue to look for top talent to join our team as we lead the charge in revolutionizing industrial safety, ensuring that every worker returns home safe, every workplace remains secure, and our environment thrives for generations to come. With Justrite Safety Group, safety isn't just a priority—it's our passion. As a member of our Finance team, you’ll be working with professionals dedicated to excellence and innovation. At Justrite Safety Group, you'll work alongside some of the best in the industry, collaborating on impactful projects that drive business success. Our team values precision, strategic thinking, and a passion for delivering results. Together, we create a supportive and challenging environment where you can grow your skills and make meaningful contributions to the company's financial strength and strategic goals.

Requirements

2+ years of experience in Cash Application, Accounts Receivable, or related accounting function.
Associate’s degree or equivalent work experience.
Strong understanding of AR processes and customer payment methods.
Ability to work independently and meet daily deadlines.
Proficiency with ERP/accounting systems and Microsoft Excel.
Possess a high sense of urgency and be detail oriented.

Nice To Haves

Great energy and "can-do" attitude.
Experience with large distributors such as Amazon, Grainger, and Home Depot a plus.

Responsibilities

Process high-volume payments by identifying and accurately posting daily incoming funds from lockboxes, ACH transfers, wire payments, and credit card portals.
Review remittance advice and interpret detailed payment documentation from clients to determine exactly how payments should be applied to outstanding invoices.
Balance daily cash receipts against bank deposit totals to ensure zero-dollar discrepancies before completing entries.
Resolve short-payments by researching and documenting instances where customers paid less than the invoiced amount, coding the difference appropriately (e.g., discounts, shortages, tax disputes).
Track unapplied cash and maintain a clean ledger by investigating unidentified or unmatched payments and contacting customers or internal team members to clarify.
Reconcile accounts by reviewing and cleaning up customer accounts by applying old unapplied credits to open balances.
Support A/R Collections by partnering closely with Accounts Receivable Specialists to alert them of cleared balances or disputed short-payments.
Support month-end close by assisting the accounting team with month-end closing procedures by ensuring all cash received through the final day of the month is fully posted.
Audit trail documentation by maintaining clean digital records of bank deposits and posting logs to ensure compliance with internal controls and external audit standards.
Accurately apply daily customer payments—including checks, ACH, wire transfers, credit card transactions, and lockbox deposits—to corresponding invoices.
Prepare and maintain documentation for audits, internal controls, and compliance.
Collaborate with Customer Service, Credit & Collections, and Sales teams to resolve account issues.
Identify and recommend process improvements to enhance cash application accuracy and efficiency.
Support continuous improvement initiatives.