Cash Application Specialist
About The Position
The Cash Application Specialist will be responsible for applying daily cash activity accurately, reconciling credit card receipts, and maintaining the integrity of accounts receivable records. This role involves partnering with the credit team on deduction research, chargeback support, traffic claim documentation, and month-end close activities. The specialist will process daily check, ACH, wire, and credit card receipts, ensuring transactions are applied to the correct customer accounts. Daily reconciliation of bank deposit activity against accounts receivable records is crucial for maintaining accurate financial balances. The role also requires investigating posting discrepancies, resolving application issues promptly, and reviewing customer deductions with supporting documentation for chargeback follow-up. Additionally, the specialist will research traffic-related claims, compile necessary backup materials, and assist with month-end close and audit activities.
Requirements
- Strong working knowledge of cash posting, payment application, deductions, chargebacks, and wire transaction processing
- Intermediate to Microsoft Excel skills, including lookup functions and formula-based analysis
- High level of accuracy with strong organizational skills and the ability to manage multiple priorities effectively
- Proven analytical and problem-solving abilities with confidence in researching and resolving payment discrepancies
- Effective written and verbal communication skills with the ability to collaborate across internal teams and external contacts
- Ability to adapt quickly, work independently with limited supervision, and contribute positively in a fast-paced setting
Responsibilities
- Apply daily cash activity accurately
- Reconcile credit card receipts
- Maintain the integrity of accounts receivable records
- Partner with the credit team on deduction research, chargeback support, traffic claim documentation, and month-end close activities
- Process daily check, ACH, wire, and credit card receipts while ensuring transactions are applied to the correct customer accounts
- Reconcile bank deposit activity against accounts receivable records each day to maintain accurate financial balances
- Investigate posting discrepancies and resolve application issues promptly to reduce unapplied cash and account variances
- Review customer deductions and gather supporting documentation to assist with chargeback follow-up and resolution efforts
- Research traffic-related claims and compile the necessary backup materials for internal review and customer communication
- Assist with month-end close and audit activities by preparing account support and helping ensure timely completion of assigned tasks
Benefits
- Health, dental, and vision insurance
- $25,000 Company paid life insurance
- Voluntary supplemental insurance
- 401(k) plan participation
- Paid time off and holiday pay
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
No Education Listed
