Cash Application Specialist

Cash Application Specialist

The Cash Application Specialist is responsible for the accurate and timely application of customer payments while supporting key accounting activities related to cash, accounts receivable, and the monthly close process. This position focuses on cash application, account reconciliations, payment research, and process improvement. The role does not include customer collections or invoice generation.

Position Responsibilities:

• Apply customer payments received through lockbox, ACH, wire transfers, checks, and credit cards
• Research and resolve unapplied cash, unidentified payments, short pays, overpayments, and customer deductions
• Match customer remittances to open invoices and investigate payment exceptions
• Prepare daily cash application and reconciliation reports
• Reconcile customer accounts and investigate outstanding payment issues
• Reconcile cash receipts to bank activity and the general ledger
• Prepare journal entries related to cash receipts, accounts receivable, and other assigned accounting transactions
• Assist with month-end and year-end closing activities
• Identify opportunities to improve cash application accuracy, efficiency, and internal controls
• Assist with special accounting projects and other accounting responsibilities as assigned

Position Requirements:

• Associate or bachelor's degree in accounting, finance, or related field, or equivalent experience
• Three or more years of cash application, accounts receivable, or general accounting experience
• Experience researching payment discrepancies and reconciling accounts
• Ability to communicate effectively both internally and with customers
• High level of accuracy and attention to detail
• Experience with SAP ECC or SAP S/4HANA
• Experience with bank reconciliations and journal entries

The Company:

Since 1911, State Industrial Products has helped customers "Care for Work Environments"®. Throughout the years, our main focus has been to help customers enhance building environments and improve equipment productivity. No matter where you go in the United States, Canada or Puerto Rico, you will find State products hard at work in every industry imaginable. From market leading drain maintenance and air care programs to innovative cleaning systems, maintenance supplies and auxiliary programs, State Industrial Products offers facility management benefits that are second to none. We're a thriving company, and we're looking for driven individuals to join our team. That's where you come in! EOE Statement: State Industrial Products is an Equal Employment Opportunity (EEO) employer and does not discriminate on the basis of race, color, national origin, religion, gender, age, veteran status, political affiliation, sexual orientation, marital status or disability (in compliance with the Americans with Disabilities Act*), or any other legally protected status, with respect to employment opportunities. ADA Disclosure: Any candidate who feels that they may need an accommodation to complete this application, or any portions of same, based on the impact of a disability should contact our Human Resources Department.