Cash Application Specialist

We are looking for a Cash Application Specialist to join a construction and contractor-focused organization in Cincinnati, Ohio. This contract opportunity with permanent potential is ideal for someone who enjoys working with high-volume financial activity and takes pride in maintaining precise accounting records. In this role, you will support daily cash application, treasury-related entries, and transaction tracking while partnering with internal teams to keep payment activity accurate and up to date.

Responsibilities:
• Apply incoming payments to the correct customer, vendor, general ledger, or related accounts with a strong focus on accuracy and timeliness.
• Reconcile intercompany payment activity by matching transactions across entities and clearing outstanding items appropriately.
• Manage zero-balance clearing activity for customer and vendor accounts, investigating exceptions and escalating unresolved issues when necessary.
• Record bank sweep and related treasury transactions through journal entries that properly reflect account activity in the ledger.
• Update and maintain wire transfer tracking records in Excel to support complete and organized payment documentation.
• Keep daily deposit logs current and accurate in Excel, ensuring all check activity is documented for reference and audit support.
• Review payment details and backup documentation before posting to confirm completeness, validity, and proper coding.
• Research routine discrepancies involving cash application, clearing, and reconciliations, and work with internal stakeholders to resolve them.
• Organize supporting records and maintain clear audit trails while following established accounting controls, approval workflows, and month-end close procedures.