Accounts Receivable Cash Applications Specialist

About the role

Join Our Finance Team We're looking for a detail-oriented and collaborative Accounts Receivable Cash Application Specialist to join our Finance team.

Responsibilities

• Process and apply global customer payments received through ACH, wire transfers, checks, lockbox, credit cards, and electronic payment platforms.
• Reconcile daily cash receipts to bank deposits and accounting records.
• Research and resolve payment discrepancies, including unapplied cash, deductions, short payments, overpayments, and unidentified receipts.
• Maintain accurate customer account balances and support accounts receivable aging.
• Partner with Collections, Customer Service, Sales, and customers to resolve payment issues and obtain remittance information.
• Prepare journal entries related to cash applications and account adjustments.
• Support month-end and year-end close activities.
• Generate reports related to cash application performance and outstanding unapplied cash.
• Process incoming finance mail for the Middleton office.
• Contribute to continuous improvement initiatives that enhance efficiency and accuracy.
• Ensure compliance with company policies, internal controls, and accounting standards.

Requirements

• Associate degree in Accounting, Finance, Business Administration, or a related field, or two or more years of experience in Accounts Receivable, Accounts Payable, Cash Applications, or General Accounting.
• Experience using Oracle/EBS, Esker TermSync, or similar ERP/accounting systems.
• Strong Microsoft Excel skills, including formulas, pivot tables, and data analysis.
• Excellent analytical, organizational, and problem-solving abilities.
• Strong attention to detail and a high level of accuracy.
• Excellent written and verbal communication skills.
• Able to manage multiple priorities and meet deadlines in a fast-paced environment.

Qualifications

• Preferred Qualifications: Experience with lockbox processing and electronic payment systems, experience working in a shared services or high-volume transaction environment, Continuous improvement or Lean experience.

Skills

• Strong analytical and organizational skills.
• Attention to detail and accuracy.
• Effective communication skills.
• Ability to work independently and as part of a team.
• Proficiency in Microsoft Excel and other relevant software.

Benefits

Pursuant to the requirements of applicable State laws and regulations, the starting salary range for this position is $XXX- XXX USD. Factors which may affect starting pay within this range may include geography/market, skills, education, experience and other qualifications of the successful candidate.

Natus offers generous compensation and benefits packages including health benefits, 401k contribution, 7 paid holidays + 2 floating holidays of your choosing, generous paid time off, tuition reimbursement assistance program, eligibility for performance-based bonuses or commissions, where applicable and more.