Cash Receipts Specialist, CoStar Group - Richmond, VA

Cash Receipts Specialist, CoStar Group - Richmond, VA

CoStar Group (NASDAQ: CSGP) is a leading global provider of commercial and residential real estate information, analytics, and online marketplaces. Included in the S&P 500 Index, CoStar Group is on a mission to digitize the world’s real estate, empowering all people to discover properties, insights and connections that improve their businesses and lives.

We have been living and breathing the world of real estate information and online marketplaces for over 35 years, giving us the perspective to create truly unique and valuable offerings to our customers. We’ve continually refined, transformed and perfected our approach to our business, creating a language that has become standard in our industry, for our customers, and even our competitors.

We continue that effort today and are always working to improve and drive innovation. This is how we deliver for our customers, our employees, and investors. By equipping the brightest minds with the best resources available, we provide an invaluable edge in real estate.

Role

Description:

At CoStar Group, our finance group centralizes transaction processes, providing accurate reporting, financial resolutions, and proper forecasting analysis. Joining the team offers access to financial specializations, including accounts payable, accounts receivable, cash and asset management, client contracts and billing, and revenue recognition. As a CoStar Cash Application Specialist, you will be responsible for all accounts receivable, research and reconciliation of accounts.

This role will support a high-volume, multi-entity environment and will be responsible for ensuring customer payments are accurately applied, cash and clearing accounts are reconciled, and exceptions are researched and resolved timely.

• Processes and enter high volume of daily cash receipts to credit or debit customer accounts.

• Prepare batches to be posted to the general ledger.

• Assist collection department with questions and concerns regarding incoming payments, charge backs or balances.

• Prepare daily, weekly, and monthly cash application reporting and reconciliations.

• Prepare and maintain supporting schedules and reconciliation work papers for month-end close. Perform bank and cash reconciliations and investigate reconciling items, timing differences, deposits in transit, and other exceptions.

• Communicate with various banks and clients to ensure all payments are applied correctly.

• Investigate and resolve unallocated cash receipts.

• Partner with colleagues in Shared Services, Technology, and Sales teams to resolve issues and improve processes. Drive communication and change in a world-class organization.

• Record and reconcile credit card processing fees, commissions, settlement fees, and other payment-related charges.

• Manage and reconcile Amazon settlement reports, including matching settlements to sales transactions, commissions, fees, refunds, chargebacks, reserves, and deposits.

• Bachelor’s degree from an accredited, not-for-profit, in-person University or College required.

• A track record of commitment to prior employers.

• Basic knowledge of accounting.

• Detail oriented.

• Experience and demonstrated proficiency with Excel that includes the ability to manipulate data, filter and develop basic formulas. All qualified candidates will be given an assessment to determine their knowledge of Microsoft Excel 2016.

• Prior knowledge/experience with ERP systems, Net Suite and/or Oracle.

• Experience reconciling Amazon marketplace settlements and Amazon seller accounts strongly preferred.

If you are a driven professional looking for a high-growth, high-reward…