Cash Application Specialist

Propelis • Louisville, KY

1d • $20 - $23

About The Position

Reviews and reconciles the daily bank downloads (Lockbox, ACH, Wire Payments) to determine which customers, invoices and amounts to post incoming payment on. Responsible for resolving any outstanding and missing information prior to posting the payment to the account. Processes other forms of payment such as Credit Cards and Checks when business needs are presented. Accountable for the weekly and month-end reconciliation of General Ledger, Sub Ledger, and other balances to the Accounts Receivable balance and resolving all out of balance issues.

Requirements

• Skills required: Strong attention to detail, general accounting knowledge, strong math aptitude, ability to meet deadlines, excellent research and resolution skills, excellent organizational skills, self-starter, able to work in fast-paced environment, excellent communication and customer service skills, ability to work in a team environment with a team together attitude.
• Minimum 2-year Associate’s degree in Business or Accounting preferred
• Minimum 1 year of cash posting and reconciliation experience
• 1-3 years’ experience in Accounts Receivable may replace education requirements
• Advanced computer skills with a focus within Excel and SAP

Responsibilities

• Timely and accurate daily posting of accounts receivable payments received by our bank.
• Prepare lockbox deposit for checks received in-house.
• Prepares and posts daily Credit Card Payment requests.
• Notifies the ARS and/or external customers regarding all questionable payments and assistance in the resolution of short payments due to wrong currencies, discounts taken, credits and other miscellaneous issues.
• Weekly and month-end reconciliation of the AR balance to the General and Sub-Ledgers.
• Review all emails for posting and issue resolutions.
• Match and post adjustments, write-offs and credit memos to customer accounts.
• Request AP Checks for overpayments and other miscellaneous items.
• Provide quality and professional customer service within the organization and with external customers.
• Strong knowledge of Microsoft Office products, with intermediate skills in Excel.
• Strong knowledge in SAP.
• Miscellaneous duties as required or assigned by AR Management.

Benefits

• Group benefits currently include a selection of health care plans with prescription drug coverage, dental plan, vision plan, basic and supplemental life insurance, a flexible spending account for medical and dependent care expenses or a health savings account based on plan selection, short/long term disability and 401(k) Savings Plan.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: Associate degree