Cash Application Specialist

MediaNews Group•Willoughby, OH

1d•Onsite

About The Position

This position is responsible for applying cash against open Accounts Receivable (A/R) for both advertising and/or circulation accounts. This position assists in 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

Accounting process and controls knowledge
High attention to detail
Demonstrated ability to create Excel spreadsheets using formulas as needed
Ability 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
Proficient at 10-key
One or more (1+) years business experience
Must be able to attend work on-site during normal business hours to process secure financial transactions

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.
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
Other duties as assigned