Cash Applications Specialist

RICHARD WOLF MEDICAL INSTRUMENTS CORPORATION • Vernon Hills, IL

1d • Hybrid

About The Position

Responsible for handling all incoming cash as well as setting up requested payment services for customers.

Requirements

• High School diploma or equivalent.
• Minimum of 2 years’ SAP cash accounting experience.
• Ability to work effectively independently, as well as part of a team.
• Intermediate PC user, utilizing Microsoft Word, Excel and SAP required.
• Analytical aptitude in math and problem solving.
• Ability to understand and interpret basic business concepts.
• Strong communication and interpersonal skills.
• Experience with and understanding of multi-cultural and multi-generational differences and the ability to work within this environment is crucial for successful employment.

Nice To Haves

• A.A. or A.S. in Accounting or Finance preferred.

Responsibilities

• Prepares remittances and enters daily SAP cash transactions, including bank deposits from lockbox, credit card payments, ACH payments and physical checks.
• Processes credit card payments and preauthorization’s as needed.
• Processes reimbursements to customers regarding overpayments.
• Follows up on all short payments.
• Investigates and resolves payment discrepancies, including unidentified payments, overpayments, and returned payments.
• Works closely with finance and accounting teams to ensure accurate financial reporting.
• Assists with financial year end audit if needed.
• Aware of and complies with the RWMIC Quality Manual and regulations & requirements as they apply to this job type/position.
• Completes all planned Quality & Compliance training within the defined deadlines.
• Other duties as assigned by the Accounting Manager.

Benefits

• 401(k) Retirement Savings Plan with Company Match
• Medical, Dental, and Vision Coverage
• Company-Paid Life & Disability Insurance
• Paid Time Off and Paid Parental Leave
• Flexible Work Options – Telecommuting and Flexible Schedules
• Tuition Reimbursement for Continuing Education
• Wellness Program and Flexible Spending Accounts (FSAs)

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: High school or GED
• Number of Employees: 501-1,000 employees