Cash Application Specialist

MediaNews Group • Willoughby, OH

7d • Onsite

About The Position

MediaNews Group is looking for a Cash Application Specialist to join our team. In this role, you will be responsible for applying cash against open Accounts Receivable (A/R) for both advertising and circulation accounts. This position also assists with account research, A/R reporting and aging, and other accounting tasks as needed. This position will be on-site at our office in Willoughby, OH.

Requirements

• Knowledge of accounting process and controls
• Aptitude for reading and comprehending written instructions (including process, policy, and procedures manuals), correspondence, and financial documents
• High attention to detail
• Ability to create Excel spreadsheets using formulas as needed
• Propensity to solve practical problems and deal with a variety of variables in situations where only limited standardization exists
• Strong analytical skills, self-initiative, good interpersonal skills and team collaboration skills
• GED or high school diploma
• Proficiency with 10-key
• One or more years of business experience

Nice To Haves

• Associate’s degree preferred

Responsibilities

• Key Mavro and 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
• Critical customer service support to sales organization and outside customers
• Prepare and submit balance write-offs
• Work misapplied/unapplied balances and 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, 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: Entry Level
• Education Level: High school or GED