Credit & Collections Cash Specialist

Family Branding•Lyndhurst, NJ

5d•Onsite

About The Position

NRS is seeking an experienced and detail-oriented Credit & Collections Cash Specialist to join our team at our Lyndhurst, NJ location. Reporting directly to the Accounts Receivable Manager, this position is responsible for accurately applying customer payments, reconciling deposits, supporting accounts receivable operations, and assisting with collection activities as needed.

Requirements

Minimum of 2 years of experience in cash applications, accounts receivable, or a related accounting function.
Working knowledge of accounts receivable processes and accounting principles.
Proficiency with Microsoft Office Suite, particularly Excel.
Strong analytical, organizational, and problem-solving skills.
Exceptional attention to detail with a high degree of accuracy.
Ability to work effectively and maintain productivity and precision in a collaborative open-workspace environment while managing distractions and competing interaction and activity of other team departments.
Ability to prioritize multiple tasks and meet deadlines in a fast-paced environment.
Excellent verbal and written communication skills.
Ability to work independently while following established procedures and periodic management guidance.

Nice To Haves

Experience within the transportation, logistics, 3PL, or import/export industry is preferred.
Associate degree in Accounting, Finance or a related field preferred.
Experience working with AS400 systems is preferred.

Responsibilities

Process and apply daily customer payments received via check, ACH/EFT, and EDI 820 transactions within the AS400 Accounts Receivable system.
Ensure payments are applied accurately to the appropriate customer account, freight invoice, and operating division.
Research and resolve payment discrepancies, including overpayments, underpayments, short pays, and unapplied cash, in collaboration with management and AR team members.
Access, review, print, and distribute daily accounts receivable reports.
Prepare and distribute daily reporting related to sales activity, cash receipts, adjustments, payment variances, and beginning/end-of-day AR balances.
Retrieve and review customer remittance information received electronically to facilitate timely and accurate payment application.
Assist management with the review and processing of customer refunds and credits.
Partner with IT and internal stakeholders to address cash application issues and support the implementation of new customer payment formats and processes.
Maintain organized electronic records by scanning, filing, and archiving cash batches and remittance documentation.
Perform daily cash reconciliation and end-of-day balancing activities.
Cross-train in collections functions and provide support during peak workload periods.
Perform other duties as assigned.