Cash Applications Specialist

Job Posting

The Cash Applications Specialist is responsible for accurately applying customer payments to accounts receivable records and ensuring timely reconciliation of incoming funds. This role plays a critical part in maintaining accurate financial records, supporting cash flow visibility, and collaborating with internal teams to resolve payment discrepancies. The ideal candidate is detail-oriented, organized, and comfortable working in a fast-paced, mid-sized business environment.

Key Responsibilities:

• Post and apply customer payments (ACH, wire transfers, checks, credit cards) to appropriate accounts and invoices
• Reconcile daily cash receipts to bank deposits and general ledger entries
• Research and resolve unapplied or misapplied payments, short pays, and discrepancies
• Work closely with Accounts Receivable, Billing, and Customer Service teams to resolve payment issues
• Maintain accurate records of all cash transactions and supporting documentation
• Prepare and distribute daily/weekly cash application reports
• Assist with month-end closing activities, including account reconciliations
• Monitor aging reports and support collection efforts when needed
• Ensure compliance with internal controls, company policies, and audit requirements

Qualifications:

• 1-2+ years of experience in cash applications, accounts receivable
• Strong understanding of accounting principles and AR processes
• High attention to detail and accuracy
• Strong analytical and problem-solving skills
• Excellent communication and organizational skills