Cash Application Specialist

Commercial Capital Company. • Lenexa, KS

19d

About The Position

Summary: The Cash Application Specialist is responsible for accurately applying customer payments to accounts receivable, ensuring timely and precise posting of cash receipts, and resolving discrepancies. This role plays a critical part in maintaining financial accuracy and supporting the AR team’s efficiency.

Requirements

• 2+ years of experience in accounts receivable or cash application.
• Strong attention to detail and accuracy.
• Proficiency in MS Excel.
• Excellent communication and problem-solving skills.
• Ability to work independently and meet deadlines.

Nice To Haves

• Experience with high-volume transactions.
• Knowledge of banking processes and lockbox systems.

Responsibilities

• Apply customer payments (checks, ACH, wire transfers, lockbox) to appropriate accounts.
• Ensure all payments are posted accurately and timely to maintain up-to-date customer balances.
• Investigate unapplied cash, short payments, and payment discrepancies.
• Communicate with customers and internal teams to resolve issues promptly.
• Assist with daily, weekly, and monthly reconciliations of cash accounts.
• Collaborate with other departments to ensure accurate posting and reconciliation.
• Maintain accurate records and audit trails for all transactions.
• Ensure compliance with company policies and internal controls.
• Support process improvements and automation initiatives.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: No Education Listed