Cash Application Specialist
Listed on 2026-06-03
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Accounting
Accounts Receivable/ Collections, Accounting Assistant -
Finance & Banking
Accounts Receivable/ Collections
Summary
This is a support role for the Accounts Receivable function. Key emphasis is on the timely and accurate application of payments to customer receivables.
Key Responsibilities- Handle daily payment applications for Accounts Receivables of the company
- Research and post checks received directly through the bank Lock Box
- Reconciliation of adjustments related to prior payments posted; auditing and correction of rejected payments
- Post account receivable transactions to journals, ledgers, and other records
- Sort/file documents after posting, credit card processing/batching, and updating daily cash posting in the cash projection file
- Balance daily Accounts Receivable by ensuring amounts applied agree to amounts received in deposits
- Research and resolve unapplied/unidentified cash receipts
- Review images of checks and remittances as provided through an online portal
- Utilize company's online accounts receivable system to accurately apply those payments to the respective outstanding invoices
- Process wire transfers and credit card transactions via online bank terminal and through the company's online accounts receivable system
- Locate and correct misapplied funds identified through a review of customer's outstanding balances and invoice/payment history
- Apply amounts to individual customer's outstanding invoices online through the company's A/R system
- Receive, post, and prepare checks received in-house for deposit via the bank's remote deposit scanner
- Identify potential trends in performance gaps and recommends modifications to the work documents, tools, systems and/or processes
- Provide assistance to other accounting team members as needed
- Create regular reports to accurately track financial information
- Perform periodic audits of customer accounts
- Interact with collectors to address payment disputes.
None
QualificationsRequired Qualifications
- High School Diploma, or equivalent experience
- A minimum of three years of AR or Credit experience (Journal entry, ledgers, reconciliation etc.)
- Ability to effectively handle multiple priorities at once
- General PC applications and MS Office applications
- Capable of adapting to a changing environment (i.e., organizational, technological, etc.).
- Excellent oral/verbal and written communication skills
- Ability to communicate effectively with management and peers
- Works well under pressure
- Open and willing to follow established procedures, while identifying potential improvements
- Intermediate to Advanced level of Excel
- Experience with A/R systems (WDS is a plus)
The anticipated base salary range for this position is $24.00 per hour. This represents the good‑faith estimate of the compensation range at the time of posting.
Actual pay will be based on job‑related factors, which may include:
- Geographic location
- Education and qualifications
- Job‑related skills
- Internal equity considerations
- Applicable minimum wage laws
This position may also be eligible for a bonus and/or commission plan, subject to the terms of the applicable plan.
Depending on eligibility and position, employees and/or eligible dependents may participate in Company‑sponsored benefit programs, which may include:
- Medical, dental, and vision insurance
- Life and group life insurance
- Voluntary supplemental life insurance
- Supplemental health benefits (critical illness, hospital, accident)
- Short- and long-term disability
- Paid family leave (where applicable by state law)
- 401(k) plan
Eligible U.S. employees receive the following time‑off benefits (subject to Company policy and applicable state/local laws):
- Paid vacation and/or sick time
- Paid holidays
- Birthday PTO
(Some states require front‑loaded sick leave; others accrue. The Company will comply with all applicable local requirements.)
Equal Opportunity EmployerABB Optical is an affirmative action and equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, age, national origin, protected veteran status, or disability.
International CandidatesThe compensation and benefits information in this posting applies to candidates hired in the United States. Candidates hired outside the United States will receive compensation and benefits aligned with their local market.
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