Cash Application Specialist / Accounts Receivable

Job Description

Job Description

We are looking for an organized Cash Application Specialist / Accounts Receivable specialist to join a distribution company in Portland, Maine. This permanent role is well suited to someone who enjoys working with numbers, maintaining accuracy in a fast-moving setting, and supporting efficient payment processing. The position offers the opportunity to contribute to day-to-day receivables operations while building on foundational accounting experience.

Responsibilities:
• Apply incoming payments accurately and in a timely manner to customer accounts within the accounts receivable system.
• Review account activity and perform reconciliations to resolve discrepancies, unapplied cash, and payment variances.
• Manage a high volume of receivables transactions while maintaining strong accuracy and organization in a fast-paced environment.
• Use Excel to track payment activity, analyze account details, and support reporting related to cash applications and outstanding balances.
• Partner with internal teams to investigate posting issues and ensure customer accounts reflect current and correct information.
• Maintain detailed records of cash receipts, adjustments, and account activity to support audit readiness and reporting needs.• At least 1 year of accounts receivable experience or comparable hands-on internship exposure in a finance or accounting setting.
• Proven accuracy and close attention to detail when processing financial transactions and reviewing account information.
• Ability to manage large transaction volumes efficiently in a deadline-driven work environment.
• Experience with account reconciliation and identifying differences between payments, invoices, and account balances.
• Working knowledge of Microsoft Excel, including the ability to organize data and perform basic analysis.
• Comfort with numbers and the ability to complete skills-based evaluations when required.