Cash Application Specialist

Responsibilities

• Utilize Microsoft Dynamics D365 and/or SAP to accurately process lockbox, wire transfers, ACH, and check payments on the day they are received.
• Review and input cash receipts, processing over 100 checks, wires, and ACH payments daily.
• Monitor and analyze discrepancy payments and unapplied payments, ensuring timely investigation and resolution.
• Respond promptly to both internal and external inquiries related to cash receipts, providing clear and professional communication.
• Prepare and perform deposit reconciliations, ensuring accuracy between actual deposits and system data entries.
• Maintain and generate cash receipt reports, ensuring information is accurate and delivered in a timely manner.
• Follow up on identified issues and discrepancies, ensuring resolution and proper documentation.
• Adhere to all company policies and procedures while maintaining the integrity of financial data.
• Assist the Cash Management Supervisor and other management personnel with special projects and additional duties as assigned.

Qualifications

• Minimum of High School Diploma or GED; some college preferred.
• 2+ years of cash application experience.
• Accounts Receivable Knowledge: Understanding of standard AR procedures and best practices.
• Data Accuracy: Ability to manage large volumes of numerical data entry with precision and efficiency.
• Communication: Strong verbal and written communication skills to interact effectively with internal and external stakeholders.
• Analytical Abilities: Strong problem-solving and analytical skills to investigate and resolve discrepancies.
• Organizational Skills: Excellent time management and the ability to prioritize multiple tasks simultaneously while maintaining attention to detail.
• Technical Proficiency: Proficiency in Microsoft Excel Experience with Microsoft Dynamics D365 and/or SAP is highly preferred.
• Initiative: Ability to gather, interpret, and compile information for reports while proactively addressing and resolving issues.