Cash Specialist

Cash Specialist

USA:TX:Houston | Accounting/Finance | Full-Time

The Cash Specialist will be responsible for performing all functions associated with high volume cash application in accordance with the AR department goals and objectives.

Responsibilities of the Cash Specialist include, but are not limited to:

• Perform general cash posting tasks to ensure same day clearing and posting of all lockbox and ACH payments
• Manages exception tasks for payments requiring manual application
• Process credit card requests sent by the field or customer after invoicing
• Reconcile bank transaction report with customer's account based on received remittance and deposit detail information
• Perform daily scan deposit of all checks not sent to lockbox and work with customer to update banking information
• Work directly with customer and credit analyst to research and resolve unapplied or unidentified payments
• Serves as backup to Sr. Cash Specialist for all approved adjustments to customer accounts
• Monitors team queue and processes adjustments, refunds, and general item offset requests
• Handles other duties and tasks as assigned by Cash Applications Manager

Requirements of the Cash Specialist include, but are not limited to:

• High School diploma and 2-5 years of equivalent experience in cash applications role preferred
• Experience with payment posting and adjustment process in various ERP systems (P21/Syteline a plus)
• Basic Microsoft Excel skills (vlookup/pivot tables/power queries)
• Ability to multi-task with direct emphasis on posting accuracy
• Intermediate understanding of account reconciliations and daily posting tie outs
• Excellent verbal and written communication skills across all organizational levels
• Takes initiative to deliver on results in acceptable period of time
• Self-starter who works well independently and part of a team
• Experience with Salesforce is a plus
• Direct experience with High Radius or other cash posting cloud automation tools is preferred but not required

Working Conditions: Professional office environment Shift Time/Overtime: Monday-Friday Standard business hours Travel: 0%

DXP offers a comprehensive benefits package for full-time regular employees, normally working a minimum of 30 hours per week, including: medical, dental, vision, flexible spending account, paid holidays, life and disability insurance, and additional supplemental benefits. All employees are eligible to participate in the 401(k) plan.

Salary is commensurate with experience. Except where prohibited by state law, all offers of employment are contingent upon successfully passing a drug test. DXP is an equal opportunity employer and participates in E-Verify. EOE/M/F/D/V.