Cash Application Specialist

Graybar • Chesterfield, MO

2d

About The Position

The Cash Application Specialist assists financial management in safeguarding company assets by following proper accounting procedures to ensure payments are accurately and properly applied to customer accounts. The role processes payment exceptions, applies customer payments, reviews and posts accounts receivable journal entries, issues refunds, handles miscellaneous customer account application requests, clears specified customer and vendor postings, and helps identify and implement process improvements.

Requirements

• Previous relevant experience with SAP and lockbox post processing.
• Understanding of debits and credits as related to Cash Application and Accounts Receivable.
• Interpersonal and communication skills, with the ability to work independently or as a member of a team.
• Strong organizational skills and the ability to multitask, prioritize and manage workflow effectively, and meet deadlines under fluctuating workload conditions.
• Ability to handle confidential information, including internal data, external data, and communications.
• Ability to communicate clearly and concisely via phone, email, and in person.
• Ability to assess a problem and promptly resolve it or escalate as needed.

Nice To Haves

• A four-year degree in Accounting, Finance, Economics, Marketing, or Business Administration is preferred.

Responsibilities

• Process daily payment exceptions in SAP and the High Radius Accounts Receivable system.
• Apply Non-POS customer credit card payments accurately and according to customer specifications.
• Review and accurately post Accounts Receivable journal entries.
• Issue customer refunds as submitted by financial personnel.
• Review and correctly apply miscellaneous customer account application requests received via the SAP workflow system, ensuring compliance with appropriate General Instructions.
• Clear vendor product certificates against posted customer deductions.
• Clear customer account postings for Tax on Cash Discount as directed.
• Identify improvement opportunities and assist in implementing improvements.

What This Job Offers

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