Automotive Cash Application Specialist

About Asbury

Asbury Automotive Group (NYSE: ABG) is a Fortune 500 company and one of the largest franchised automotive retailers in the United States. We are redefining the traditional dealership model through innovative technologies such as Clicklane and through our commitment to our team members, guests, and partners. Our culture which is grounded in our North Star and Compass and powered by our DRIVE values, focuses on the vision of becoming the Most Guest Centric Automotive Retailer. At Asbury, we work together to provide exceptional experiences for our guests while promoting a fun, supportive and inclusive environment where team members can thrive both personally and professionally. Based on our efforts, we have been recognized as one of the best places to work by both Newsweek and US News & World report.


The Cash Application Specialist will be responsible for reconciling and posting all accounts receivable payments for the stores assigned to them. In addition, they will support the dealerships with credit override requests as per the posted schedule and assist with special projects as requested by AR Director and AR Managers.

Duties/Responsibilities

• Reconciliation of checks, ACH and credit card payments received
• Verifies each invoice paid on remittance advice comparative to account status in CDK
• Contacts customers that do not include remittance advice to determine what payment is for
• Determines which bank account to post to and accurately post each deposit for the correct platform via the CAP function in CDK
• Identifies and corrects any out of balance situations within a deposit
• Scans and emails to the appropriate AR manager all back up for any short or under payments on account
• Advises AR Manager when a lump sum payment has been issued
• Pushes additional documents received with payment to the appropriate personnel
• Sends 4:00 posting status to management team so that other cash application specialists can be utilized if carry over posting may occur
• Processes Credit Card Batches
• Monitors credit override requests from Microsoft Outlook from parts and service personnel for assigned platform as per schedule
• Prints request and back up information to present to Director or AR manager for override approval/denial
• After Director/Manager has made a credit decision, accesses the COV function in CDK and perform the override or change the invoice to cash as per management approval
• Promptly replies to the email request with the necessary information
• Boxes up all deposits from file cabinet prior to month end, determine what is shredded and what is sent to permanent storage on a rotating schedule
• Performs other related duties to benefit the mission/vision of the organization

Education & Experience

• An understanding of General Accounting Principals
• A general understanding and working knowledge of CDK and Microsoft Outlook
• A solid understanding of the Accounts Receivable Function

Pay and Recognition:

• Weekly pay
• Paid holidays & paid time off
• Paid training
• Stock Awards (select management and front-line team member's eligible)

Insurance / Retirement:

• Insurance: medical, vision, dental, accident, critical illness and hospital indemnity plans
• Up to 12 weeks paid pregnancy leave (disability leave)
• Paid Parental Leave
• Health savings
• Flex spending accounts (tax free)
• Short-term and Long-term disability plans
• Life Insurance (Whole Life and Term)
• 401k with company match

Learning, Tuition Assistance and Career Development:

• Digital career path tool to assist with career development
• Continuous training through Asbury's Internal Learning Management System

Professional growth and development opportunities Additional advantages:

• Student loan relief resources
• Employee assistance program
• Employee discounts on parts and service repairs
• Scholarship awards
• Opportunities to join our community service initiatives, which includes paid volunteer hours
• Aggressive Employee referral program with bonus opportunities

INDOTHER

Asbury Automotive Group is an equal opportunity employer. We provide equal employment opportunities to all individuals regardless of their race, color, religion, sex, national origin, age, disability, pregnancy, sexual orientation, gender identity, genetic information, or any other protected category as defined by applicable laws. We prohibit discrimination or harassment based on any of these characteristics and affirm our commitment to fostering an inclusive and diverse workplace.