Cash Application Specialist

MediaNews Group • Willoughby, OH

3d • $18 - $19 • Onsite

About The Position

MediaNews Group is looking for a Cash Application Specialist to join their team. This position is responsible for applying cash against open Accounts Receivable (A/R) for advertising and circulation accounts, as well as assisting with account research, A/R reporting and aging, and other accounting tasks as needed. This is an onsite position in their Willoughby Hills, OH office.

Requirements

• Accounting process and controls knowledge
• High attention to detail and proficient with 10-key
• Capacity to read and comprehend written instructions (including process, policy and procedures manuals), correspondence, and financial documents
• Experience writing and organizing correspondence (generally in e-mail)
• Ability to hear, comprehend and speak clearly when communicating information and instructions in conversations with other employees and vendors
• Demonstrated ability to create Excel spreadsheets using formulas as needed
• Capable of solving practical problems and deal with a variety of variables in situations where only limited standardization exists
• Strong analytical skills, team collaboration skills, and interpersonal skills
• GED or high school diploma

Nice To Haves

• Associate’s degree is preferred

Responsibilities

• Run the lockbox to Advertising interfaces
• Work error reports from interfaces (such as from the lockbox)
• Apply payments that were identified as exceptions from the lockbox operation
• Perform account research on A/R balances to provide advertisers with statements and account history
• Process any manual cash applications
• Reconcile bank receipts to the Accounts Receivable balances
• Provide critical customer service support to sales organization and outside customers
• Prepare and submit balance write-offs
• Work misapplied/unapplied balances. Research account balances to correct issues
• Field questions from sales organization on open balances and accounts on credit hold
• Complete credit card, lockbox, and e-lockbox processes
• Use and maintain A/R collections module in Circulation System(s)
• Perform daily cash balancing and reconciliation including three-way match: system, bank, and general ledger
• Support Collections when account questions arise

Benefits

• medical
• dental
• life and disability insurance
• 401k
• paid time off
• select paid holidays

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: High school or GED