Cash Application Specialist

Job Description

Job Description

We are looking for a detail-oriented Cash Application Specialist to support accounts receivable operations for a long-term contract opportunity based in Billerica, Massachusetts. This position focuses on accurately applying incoming payments, maintaining clean account records, and helping ensure timely cash reconciliation in a fast-paced environment. The ideal candidate brings strong Excel capabilities, hands-on SAP experience, and a high level of accuracy when managing payment activity across customer accounts.

Responsibilities:
• Process incoming customer payments and apply funds accurately to open invoices within accounts receivable records.
• Review remittance details, investigate discrepancies, and resolve unapplied or misapplied cash in a timely manner.
• Maintain accurate cash posting activity while ensuring account balances reflect current payment transactions.
• Collaborate with internal teams to research payment exceptions and support efficient resolution of account issues.
• Use Excel to organize, analyze, and reconcile payment data for reporting and daily operational tracking.
• Support accounts receivable accuracy by monitoring customer payment activity and identifying inconsistencies.
• Assist with payment processing activities across systems such as SAP and, when needed, Oracle.
• Contribute to cash application workflows involving domestic and international transactions in a multinational business environment.• Proven experience in cash application, cash posting, and payment processing within an accounts receivable function.
• Strong working knowledge of Excel, including the ability to manage and review transactional data efficiently.
• Hands-on experience using SAP is required for day-to-day payment application and account maintenance.
• High attention to detail with the ability to maintain accuracy in a transaction-heavy environment.
• Understanding of accounts receivable processes and the impact of payment activity on customer balances.
• Familiarity with Oracle is preferred but not required.
• Experience supporting international or multinational operations is considered an advantage.