Cash Applications Manager

THE TEAM YOU WILL BE JOININGNewly created team that is a blend of legacy employees and newly hired team to support the go-forward company structure now owned by Private Equity.

Start-up company previously inside a 100- year old financial services giant

New entity is $3.5B in sales, global client base with Top 10 status in industry WHAT WE OFFER YOUMerit-based culture that rewards ownership, agility, and results

Opportunity to step into a highly visible Senior Accountant role with ownership over key accounting processes and financial reporting

Exposure to complex accounting areas, including GAAP reporting, variance analysis, and regulatory requirements

Ability to influence and improve accounting processes, controls, and reporting workflowsA collaborative environment with opportunities to mentor junior staff and partner with cross-functional stakeholders
Long-term career growth within a stable and structured accounting organizationLOCATIONCharlotte, NC – hybrid work environment (in-office 3 days per week required)
WHAT YOU’LL BE DOING:

Lead the day-to-day cash applications function, including oversight of incoming payments, outgoing cash activity, adjustments, refunds, transfers, and related posting activity.

Ensure cash receipts and disbursements are recorded accurately, timely, and in accordance with company policies, internal controls, and applicable accounting standards.

Oversee account reconciliations related to cash activity, including research and resolution of unapplied cash, discrepancies, aging items, and variances.

Partner with Accounting Operations, Treasury, Finance, Billing, Collections, and other business teams to resolve cash application issues and improve end-to-end cash processes.

Monitor operational workflows to identify unusual transactions, control gaps, process delays, or recurring issues; lead or support root cause analysis and corrective action plans.

Support month-end, quarter-end, and year-end close activities by ensuring cash activity is complete, accurate, documented, and reconciled within established timelines.

Maintain, update, and improve cash application policies, procedures, process documentation, and internal control practices. Identify opportunities to improve efficiency, automation, reporting, and scalability across cash application processes in a complex, multi-entity environment.

Provide leadership, coaching, and development to team members, including workload management, review of work, performance feedback, and process training.

Build strong working knowledge of relevant lines of business, systems, accounting flows, regulatory requirements, and reporting needs impacting cash activity.#LI-IK1 #LI-HYBRIDReference: 69634