Senior Cash Applications Specialist

• Accurately apply incoming payments to customer accounts across multiple systems and payment methods (ACH, wire, check, credit card).
• Investigate and resolve unapplied or misapplied payments by collaborating with internal teams and external customers.
• Reconcile daily cash receipts and ensure timely and accurate posting to the general ledger.
• Create and process credit memos in accordance with company policies.
• Create journal entries related to reconciliation issues.
• Support month-end and year-end closing activities by preparing report, reconciliations and documentation related to cash application.
• Maintain and reconcile revenue recognition schedules, including documentation for audit support.
• Apply revenue recognition principles to ensure accurate timing and classification of revenue.
• Analyze and resolve discrepancies in revenue-related entries, including deferred revenue prepayments and multi-element arrangements.
• Identify process improvement opportunities and contribute to automation or efficiency initiatives within the accounts receivable function.
• Serve as a subject matter expert and mentor to junior team members, sharing knowledge and best practices.
• Communicate with customers and internal stakeholders to resolve discrepancies and ensure account accuracy

• 5 + years of experience in cash application, accounts receivable, or a related finance role.
• Strong analytical and problem-solving skills with a high level of accuracy and attention to detail.
• Proficiency in ERP systems (e.g., SAP, Oracle, Net Suite) and Microsoft Excel.
• A solid understanding of accounting principles and cash flow processes.
• Excellent communication and interpersonal skills, with the ability to work cross-functionally.
• A proactive mindset and the ability to manage multiple priorities in a fast-paced environment.
• An associate or bachelor’s degree in accounting, Finance, or a related field (or equivalent experience).

Demonstrates expertise in cash application and accounts receivable processes, with a strong foundation in accounting principles and revenue recognition. Proficient in ERP systems and Microsoft Excel, while effectively communicating and collaborating with internal and external stakeholders.

• Cash Application
• Accounts Receivable
• ERP Systems (SAP, Oracle, Net Suite)
• Revenue Recognition
• Analytical Skills

• Cash Application
• Accounts Receivable
• Revenue Recognition
• Journal Entries
• Reconciliation
• Credit Memos
• Financial Reporting
• Process Improvement
• Documentation
• Discrepancy Resolution

• Analytical Skills
• Problem-Solving
• Communication
• Interpersonal Skills
• Proactive Mindset

• Accounting Principles
• Cash Flow Processes
• Audit Support
• Multi-Element Arrangements
• Deferred Revenue

• ERP Systems
• Microsoft Excel