Cash Application Specialist

Job Description

Job Description

We are looking for a detail-oriented Cash Application Specialist to join our team in Lexington, Kentucky on a Contract basis. This position focuses on applying incoming payments accurately, supporting accounts receivable activities, and helping maintain reliable financial records. The ideal candidate is organized, comfortable working with payment transactions, and committed to accuracy in a fast-paced environment.

Responsibilities:
• Apply customer payments to the appropriate accounts in a timely and accurate manner
• Review remittance details and match incoming funds to outstanding invoices
• Maintain accounts receivable records to support accurate account balances and reporting
• Investigate payment discrepancies and work with internal teams to resolve unapplied or misapplied cash
• Post daily cash receipts and ensure all transactions are recorded correctly
• Reconcile payment activity and assist with identifying variances between receipts and account records• Experience handling cash application tasks within an accounts receivable environment
• Working knowledge of payment posting and cash receipt processing
• Familiarity with accounts receivable principles and invoice reconciliation
• Strong attention to detail with a high level of accuracy in transaction entry
• Ability to identify discrepancies and follow through on resolution
• Proficiency with standard business systems and spreadsheet tools used for financial processing