Cash Applications Specialist

Vertical Bridge • Delray Beach, FL

2h • Onsite

About The Position

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
• 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

What This Job Offers

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