Cash Application Specialist

REXEL•Santa Fe Springs, CA

1d•$22 - $27•Onsite

About The Position

The Cash Application Specialist is responsible for assisting in overseeing the daily operations of the Cash Application team with guidance from management. Will also assist with balancing and maintaining the integrity of the Accounts Receivable asset, prepare reports, analyze data, and ensures proper storage of bank images. The Cash Application Specialist will provide training and mentoring to new hires, and assist with ongoing employee training and development. Helps to foster a team environment which embraces open communications, cooperation, and a positive attitude aimed at striving for continuous improvement and increased efficiency.

Requirements

3+ years of Cash Applications/Accounts Receivable experience
High School or GED - Required
Knowledge in working with an ERP computer system
Understanding of general accounting principles, practices, and procedures with the ability to follow SOP’s
Strong PC and Microsoft Office skills
Team player, flexible, enthusiastic, innovative, and proactive
Good judgment; ability to know when to escalate a concern
Demonstrated success in setting goals, achieving goals, and meeting deadlines
Ability to demonstrate outstanding customer service
Able to direct staff to meet daily productivity and quality requirements in a fast-paced environment
Ability to manage daily operations
Strong organizational and analytical skills
Solid communication skills, including the ability to effectively interact with multiple levels of management, both verbally and written
Ability to exercise discretion and judgment in dealing with confidential and sensitive matters
Strong ability to do multiple tasks and resolve problems quickly and accurately
Strong ability to motivate and direct the performance of the department
Ability to perform at high levels in a fast-paced ever-changing work environment

Nice To Haves

4 Year / Bachelor's Degree - Preferred
Bachelor's degree in Accounting or Finance - Preferred

Responsibilities

Provide subject matter expertise, guidance, and assist with mentoring the Cash Applications team for the purpose of achieving daily workload and productivity goals
Assist with new hire and ongoing training for the Cash Application team, focusing on processes, procedures, and performance of key tasks
Act as a Team Lead by prioritizing, delegating, and directing work assignments of Cash Applications team members
Assist with reconciliation of Accounts Receivable and Branch accounts
Complete write offs and cash receipt corrections as needed
Daily and monthly cash and general ledger reconciliation
Ensure all adjustments, write offs, and intercompany transfers are completed by month end
Interface with the bank and resolve issues related to bank feeds and payments
Ensure the integrity of the documents by validating they are properly maintained and controlled
Ensure daily cash receipts are processed timely and accurately, and deductions are minimized
Monitor untimely applied items and determine root cause
Provide accurate reporting to management, including productivity and team performance reports
Regularly report to management all issues that negatively impact the Accounts Receivable team
Troubleshoot and resolve escalated or complex issues
Other duties as assigned

Benefits

Medical, Dental, and Vision Insurance
Life Insurance
Short-Term and Long-Term Disability Insurance
401K with Employer Match
Paid vacation and sick time
Paid company holidays plus flexible personal days per year
Tuition Reimbursement
Health & Wellness Programs
Flexible Spending Accounts
HSA Accounts
Commuter Transit Benefits
Additional Optional Insurance such as Pet Insurance, Legal Assistance, Critical Illness, Home and Auto Insurance to name a few.
Employee Discount Programs
Professional Training & Development Programs
Career Advancement Opportunities – We like to promote from within