Cash Applications Specialist

Vertical Bridge•Delray Beach, FL

1d•Onsite

About The Position

Vertical Bridge is the nation's largest private owner and operator of communications infrastructure and locations, providing build-to-suit and colocation solutions to the wireless industry. Founded in 2014, the company is headquartered in Delray Beach, Florida. In 2020, Vertical Bridge became the first tower company in the world to achieve the CarbonNeutral® company certified status and has been recertified every year since. Summary: The Cash Applications Specialist will focus on cash applications and will be responsible for timely and accurate posting of cash to VB’s real estate tenant accounts. The analyst will work directly with customers and the collection team to facilitate timely, accurate and efficient cash application of manual and electronic receipts. The analyst will regularly be in contact with both multi-national and smaller telecommunication companies.

Requirements

Minimum 3 years of Cash Application experience required
Required to have strong detailed analytical skills, including advanced Excel skills using pivot tables and v-lookups
Strong written and oral communication skills, including the ability to present ideas and suggestions clearly and effectively and to work with internal and external customers
Strong organizational skills: ability to accomplish multiple tasks within the agreed upon timeframes through effective prioritization of duties and functions in a fast-paced environment
Self-motivated; able to work independently to complete tasks and respond to department requests and to collaborate with others to utilize their resources and knowledge to identify high quality solutions

Nice To Haves

Prior experience working with NetSuite or similar ERP accounting system preferred

Responsibilities

Accurately enter detailed cash receipts into financial system via manual entry and upload application
Reconcile daily all cash received in banks to cash application in the financial system, resolve variances in a timely manner
Maintain accurate reconciliations of all daily cash application activity
Correspond directly with customers regarding insufficient and/or inaccurate remittance Resolve and monitor timely resolution
Accurately retain, in auditable fashion, remittance information and related daily reconciliation of financial system and bank activity
Provide customer service regarding cash application issues
Identify, review, and prepare account adjustments
Make recommendations to Management regarding issues with cash application of customer payments / remittances
Resolve client discrepancies and short payments
Accountable for reducing unidentified and unapplied cash within a timely manner
Work with the Accounts Receivable team in the pursuit and resolution of cash application issues
Build relationships with other members of the A/R Department and provide support to billing and collections functions
Communicate status to management on a regular basis
Communicate / interact with other business units in- order to bring resolution to outstanding issues
Identify and propose solutions to increase the effectiveness of processes and procedures
Assist with the maintenance and testing of internal controls, accounting policies and audit requests as it relates to the accounts receivable function
Work closely with the accounting team and other departments throughout the organization
Other projects and duties as assigned