Cash Applications Specialist

Brock & Scott•Winston Salem, NC

2d•Onsite

About The Position

The Cash Applications Specialist accurately and promptly applies customer payments to accounts, maintains accounts receivable records, researches and resolves payment discrepancies, and supports month-, quarter-, and year-end close activities. The role helps preserve the integrity of financial records and cash flow reporting while ensuring transactions are processed efficiently and in accordance with company policies and internal controls. This is an on-site position requiring attendance in the office Monday through Friday.

Requirements

Strong understanding of accounting principles and accounts receivable processes.
Proficiency with Microsoft Excel and financial or accounting software.
Strong data entry and account reconciliation skills.
Excellent attention to detail and organizational skills.
Strong problem-solving and analytical abilities.
Effective written and verbal communication and customer service skills.
Ability to manage a high volume of transactions accurately while meeting deadlines.
Strong time management skills and ability to prioritize competing responsibilities.
Ability to work independently and collaborate effectively with internal teams.
Ability to exercise sound judgment and navigate situations where established procedures may not provide a clear resolution.
Must currently reside within Brock & Scott, PLLC’s geographic footprint; the listed eligible location is the Winston-Salem, NC office.
Successful completion of required pre-employment screenings and verifications, which may include criminal background, conflict of interest, employment and education verification, and pre-employment drug screening.

Nice To Haves

Associate’s degree in Accounting, Finance, Business Administration, or a related field.
Two or more years of accounts receivable, cash applications, or accounting experience.

Responsibilities

Post daily cash receipts, including checks, ACH payments, wire transfers, lockbox deposits, and credit card payments.
Apply payments accurately to customer accounts and open invoices.
Research and resolve unapplied cash, short payments, overpayments, and other payment discrepancies.
Reconcile cash postings to bank activity and general ledger accounts.
Maintain accurate accounts receivable records and supporting documentation.
Communicate with customers and internal departments about payment issues, remittance details, and account discrepancies.
Assist with monthly, quarterly, and year-end closing activities.
Prepare reports related to cash receipts, unapplied cash, accounts receivable, and aging trends as requested.
Process a high volume of transactions accurately and meet established deadlines.
Follow company policies, procedures, and internal accounting controls.
Adapt to changes in policies, procedures, systems, and business processes.
Exercise independent judgment when researching and resolving discrepancies or other issues requiring consideration of multiple factors.

Benefits

Medical insurance
Dental insurance
Voluntary life insurance
Voluntary vision insurance
Critical illness insurance
Basic life insurance after the 90-day introductory period, at no cost, equal to one times annual salary, subject to a $25,000 minimum and $200,000 maximum
Paid holidays: six firm-recognized holidays and one Day of Observance
PTO package of 12 days per year, accruing monthly and credited on the 15th of each month
PTO increases after two years and again after five years of employment
Eligibility to participate in the firm’s 401(k) plan after six months of service for employees over age 21, beginning at the start of the next quarter