Cash Applications Administrator

Overview:

The Axel Group is seeking a Cash Applications Administrator for our client's team. This role involves managing the accurate application of customer payments and supporting the company's lockbox payment processing activities. The position offers an opportunity to work closely with finance and customer service teams to ensure precise cash handling and account reconciliation.

• Accurately post and apply customer payments received via checks, ACH payments, wire transfers, credit cards, and other methods.
• Support future lockbox payment processing activities as the company's lockbox program is implemented.
• Process customer check payments using Remote Deposit Capture (RDC).
• Retrieve daily incoming ACH and wire payment information from multiple bank accounts.
• Research and resolve unapplied, misapplied, short-paid, overpaid, and unidentified cash transactions.
• Prepare and distribute daily cash receipt summaries for all company entities and maintain supporting documentation.
• Collaborate with Collections, Project Accounting, and Customer Service teams to resolve payment discrepancies and customer inquiries.
• Prepare and distribute daily, weekly, and monthly cash application and unapplied cash reports.
• Support internal and external audit requests by providing required documentation and account information.
• Assist with month-end and year-end close activities, including account reconciliations and reporting.
• Perform other cash application, accounts receivable, and accounting-related duties as assigned.

• High School Diploma or GED required.

Hourly: $21.00-$29.00 dependent on experience

This position involves working in a civil engineering industry context, with responsibilities centered on cash application and accounts receivable functions. Travel is not specified.