Cash Application Specialist

Red Coats, Inc.•Bethesda, MD

3d•$50,000 - $60,000•Onsite

About The Position

Red Coats Inc. is a privately held company founded over 60 years ago. We specialize in providing premier building services to commercial office/residential buildings. We have established ourselves as a results-oriented, customer-focused business, employing more than 10,000 people with offices located throughout the east coast and in Texas. As we continue to grow, we are seeking to hire a dynamic and motivated Cash Application Specialist who will play a vital role in managing company financial transactions. Red Coats offers a COMPREHENSIVE BENEFIT PACKAGE, incluiding medical, dental, life, ltd, std, accident/illness protection, 401(k), tuition assistance, free parking, generous paid leave and extensive opportunity for advancement.

Requirements

Prior cash application or equivalent experience
Appropriate knowledge of Excel, MS word and Windows based products skills
Must be able to effectively organize and prioritize activities
Ability to research and make corrections as necessary
Must have excellent accuracy and attention to detail.
Ability to work in a large company environment
Accounting or Cash Applications: 1 year (Preferred)

Responsibilities

Accurately apply lockbox deposits, live checks, credit cards, wire transfers, ACH payments and payments to all invoices listed on customers’ remittances and properly chargeback deductions in a timely manner; this includes pulling and attaching backup for deductions.
Process credit memos and apply heavy cash application accurately and within established timelines.
Take charge of loading deposits and manipulating data for account management.
Manually post or upload payments – must possess technical skills – Intermediate to Advanced Excel
Responsible for performing all required cash reconciliations daily and at month end.
Work collaboratively with other internal team members to identify, address, and resolve items from potentially disparate pieces of the company’s financial interests.
Assists with special projects and compiles reports.