Cash Application Specialist

Overview

The Cash Applications Specialist is responsible for the timely and accurate application of customer payments across multiple entities or business units. This role supports the accounts receivable function by ensuring cash is properly applied, reconciled, and documented in accordance with internal controls and accounting standards. The ideal candidate is detail-oriented, thrives in a high-volume environment, and works collaboratively with AR, Collections, Treasury, and Finance teams.

• Apply customer payments accurately and timely, including ACH, wire, lockbox, checks, and credit card transactions
• Research and resolve unapplied cash, short pays, over payments, and payment discrepancies
• Post payments in accordance with customer remittance details and established accounting procedures
• Support daily and monthly cash clearing and bank reconciliations

• Partner with Collections and AR teams to resolve customer account issues and reduce unapplied cash balances
• Communicate with internal stakeholders and, when needed, customers to clarify remittance or payment details
• Assist with customer account maintenance related to payment activity

• Support month-end close activities, ensuring all cash activity is applied and reconciled timely
• Maintain accurate documentation and audit trails to support internal controls and audit requirements
• Assist with internal and external audit requests related to cash and receivables

• Identify opportunities to improve cash application accuracy, efficiency, and standardization
• Support system enhancements, ERP implementations, and automation initiatives related to AR and cash
• Adhere to standardized processes while supporting scalability across multiple business units

• 1–3 years of experience in cash applications, accounts receivable, or accounting operations
• Experience applying high volumes of customer payments
• Strong attention to detail with solid reconciliation and problem-solving skills
• Proficiency in Microsoft Excel and accounting/ERP systems

Compensation: $28-$30 per hour, based on experience