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Confidential Cash Applications Manager

Job in Raleigh, Wake County, North Carolina, 28245, USA
Listing for: AccruePartners
Full Time position
Listed on 2026-10-20
Job specializations:
  • Management
    Financial Manager, Banking & Finance
Salary/Wage Range or Industry Benchmark: 120000 - 150000 USD Yearly USD 120000.00 150000.00 YEAR
Job Description & How to Apply Below
  • Established cash application team within the Credit & Accounts Receivable organization of a global company with a large, diverse customer base
  • Team includes remote and distributed associates supported by cash application automation technology
  • Role reports to senior Credit & AR leadership and serves as the primary owner of cash application operations
THE TEAM YOU WILL BE JOINING
  • Established cash application team within the Credit & Accounts Receivable organization of a global company with a large, diverse customer base
  • Team includes remote and distributed associates supported by cash application automation technology
  • Role reports to senior Credit & AR leadership and serves as the primary owner of cash application operations
What We Offer You
  • A highly visible leadership role with full ownership of the cash application function
  • Opportunity to shape the team's direction through automation, process redesign, and stronger controls
  • Direct exposure to senior leadership through executive reporting and strategic planning
  • A collaborative environment with close partnership across finance, sales, and operations teams
  • Ability to build and develop a high-performing team, including coaching and succession planning
LOCATION
  • Remote
What You'll Be Doing
  • Lead a team of cash application associates, setting priorities, distributing workload, and holding the team to clear performance and service expectations.
  • Own cash application end to end, ensuring customer payments are applied accurately, on time, and in line with established controls and procedures.
  • Drive reduction of unapplied cash through proactive monitoring, aging management, root cause analysis, and targeted resolution plans.
  • Build executive reporting and operational analytics that give leadership visibility into cash trends, performance metrics, risks, and opportunities.
  • Lead continuous improvement efforts focused on automation, standardization, and efficiency across the cash application function.
  • Work with collections, credit, sales, operations, finance, and banking contacts to resolve complex payment issues and improve cash flow.
  • Serve as the primary escalation point for complex cash application matters, using data and root cause analysis to drive lasting fixes.
  • Assess capacity and resource utilization to keep staffing appropriate, assignments balanced, and operations scalable.
  • Lead change initiatives, including system enhancements, process transformations, and organizational changes.
  • Coach and develop team members through performance management, talent development, and succession planning.
  • Gather feedback from internal and external stakeholders to improve service levels.
THE BACKGROUND THAT FITS
  • Bachelor's degree in Accounting, Finance, or a related business field, or equivalent experience
  • 7+ years of progressive Accounts Receivable or Cash Application experience, including banking transactions, payment reconciliation, and hands-on management of unapplied cash
  • 5+ years of leadership experience managing, coaching, and developing high-performing teams, including remote staff
  • 3+ years using cash application automation technology, with a track record of improving posting accuracy and efficiency
  • Strong analytical and problem-solving skills, with the ability to perform root cause analysis, identify trends, and turn data into action
  • Proven experience driving process improvements, automation initiatives, and internal controls
  • Advanced Excel and reporting skills, including building KPIs and executive-level reporting
  • Strong communication and stakeholder management skills, with the confidence to present to senior leadership and influence partners across the business
  • Solid understanding of lockbox, ACH/wire and other electronic payments, bank reconciliation, ERP systems, and core accounting principles
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