Cash Application Specialist

Aston Carter•Bethesda, OH

1d•$25 - $27•Onsite

About The Position

We are seeking a detail-oriented and reliable Cash Applications Accounts Receivable Clerk to join our accounting team. This role primarily involves customer outreach for unapplied payments and remittance, as well as processing virtual card payments. The position is focused on resolving unapplied payments and ensuring efficient cash receipt processes.

Requirements

1-3 years of Cash Application/AR experience or a Bachelor's Degree in Accounting, Finance, or a related field.
Proficiency in ERP systems and Microsoft Excel.
Experience inputting information and applying to invoices for unapplied payments in a shared drive.
Experience working in a high-volume environment and a mid to large revenue company.

Nice To Haves

Strong understanding of cash application processes and invoice reconciliation.
Ability to prioritize, multitask, and meet deadlines.
Excellent communication and collaboration skills.

Responsibilities

Receive and process customer payments and apply them to the correct invoices timely and accurately.
Accurately apply lockbox deposits, checks, credit cards, wire transfers, ACH payments, and payments to all invoices listed on customers’ remittances.
Resolve unapplied or misapplied payments and research discrepancies.
Review and audit payment application work completed by team members to ensure accuracy and compliance.
Provide feedback or corrections when inconsistencies are found.
Handle and post virtual credit card payments from customers.
Coordinate with internal and external stakeholders to confirm payment details.
Assist the AR Manager with various assignments as needed.
Provide administrative and analytical support for AR-related initiatives.
Respond to internal and external inquiries regarding payment status and invoice details.
Support system upgrades, data clean-up, or special projects as assigned.
Participate in continuous improvement efforts to enhance AR processes and efficiency.