Cash Application Specialist

We are looking for an energetic, inquisitive and experienced Cash Applications Specialist to join our finance team. Our ideal candidate is motivated problem-solver who can collaborate effectively with accuracy and has attention for detail.

• Responsible for all cash application functions, applying cash receipts to appropriate invoices and posting payments
• Balances the cash received to the cash posted daily
• Payment remittance reconciliations
• Resolves valid or authorized deductions by entering adjusting entries
• Perform periodic audits of the general ledger and company financial documents
• Work with the Collections team to ensure proper application of remittances
• Attend cash app review meetings and provide inputs
• Participate in Month-End and Quarter-End activities including supporting audit requests

• English Language skills are required for written and verbal communications
• Knowledge of Accounts Receivable and Collection techniques and General Ledger processes
• Minimum of 18 months Accounts Receivable / cash applications experience; basic accounting
• Ability to work independently, but also collaborate effectively with team members to reach department metrics and goals
• Problem solving and critical thinking skills
• Ability to demonstrate integrity and the use of good judgment to handle the confidential nature of duties, tasks, and information
• Intermediate skills in Microsoft Word, Excel, and Outlook
• Experienced with Oracle 11i, Cloud (Fusion) applications
• Ability to listen, communicate (written and verbal), and follow-up effectively with all staffing levels and internal customers
• Excellent organization and time management skills

This is the pay range that Magnit reasonably expects to pay someone for this position: $30-$48/hour