Cash Application Specialist

Flow Control Group • Charlotte, NC

4d

About The Position

The Cash Application Specialist is responsible for accurately applying incoming payments to customer accounts, resolving discrepancies, and supporting overall accounts receivable operations. This role ensures the timely and precise posting of payments while maintaining strong internal controls and customer relationships.

Requirements

• High school diploma or equivalent (Associate’s or Bachelor’s degree in Accounting/Finance preferred)
• 1–3 years of accounts receivable or cash application experience
• Strong data entry accuracy and attention to detail
• Experience with ERP/accounting systems (e.g., SAP, Oracle, NetSuite, JD Edwards, etc.)
• Proficiency in Microsoft Excel
• Strong analytical and problem-solving skills
• Excellent communication skills (written and verbal)
• Ability to manage high transaction volume

Nice To Haves

• Experience with lockbox processing
• Understanding of deductions management
• Knowledge of GAAP principles
• Experience in high-volume corporate environments

Responsibilities

• Post daily customer payments (ACH, wire, check, credit card) accurately and timely manner
• Research and resolve unapplied cash, short payments, overpayments, and deductions
• Reconcile customer accounts and identify discrepancies
• Process lockbox transactions and remote deposits
• Communicate with customers regarding remittance details and payment issues
• Collaborate with billing, collections, and sales teams to resolve account discrepancies
• Maintain documentation for audit and compliance purposes
• Assist with month-end closing activities related to accounts receivable
• Prepare cash application reports and metrics as needed
• Ensure adherence to internal controls and company policies

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: High school or GED
• Number of Employees: 501-1,000 employees