Cash Application Supervisor

Job Summary

Essential Duties And Responsibilities

• Team Leadership: Supervise, mentor, and train a team of cash application specialists while conducting performance reviews and fostering a highly collaborative team environment.
• Process Management: Oversee the daily application and accurate reconciliation of all cash receipts, including lockbox, checks, ACH, wire transfers, and credit card payments to customer accounts.
• Performance Monitoring: Implement and monitor key performance indicators (KPIs) to ensure team goals are met, achieving full monthly cash application by business day 2 and completing daily cash reconciliations.
• Issue Resolution: Act as the primary point of contact for complex cash application issues—such as unapplied payments, discrepancies, and customer deductions—collaborating closely with collections, sales, and AR.
• Internal Controls: Maintain and enforce strong internal controls to ensure the integrity of the cash application process. Regularly review and update procedures to align with company policy and best practices.
• Reporting: Prepare and analyze daily, weekly, and monthly cash application reports. Provide insights and key metrics to the Assistant Corporate Controller.
• Continuous Improvement: Identify and implement automation and workflow optimization opportunities to enhance efficiency, assisting with special projects and system upgrades as needed.
• External Interfacing: Partner with Credit/Collections and General Ledger teams to resolve cross-functional issues, and serve as the main contact for banking partners regarding transmission or file format issues.

Position Requirements

• Education: Bachelor's degree in Accounting, Finance, or equivalent practical experience.
• Experience: Minimum of 3-5 years of experience in cash application, accounts receivable, or a similar role. Minimum of 1-2 years of experience in a supervisory or team lead position.
• Skills: Strong knowledge of accounting principles and internal controls. Proficiency with JD Edwards ERP system and Microsoft Excel. Excellent leadership, communication, and problem-solving skills. Attention to detail and the ability to work in a fast-paced environment.

About Us

ACCO Engineered Systems is one of the largest mechanical contractors in the country. Since 1934, owners and builders have selected ACCO to design, install, and maintain more than 250,000 mechanical projects. ACCO is dedicated to the design, fabrication, installation, maintenance and service of commercial and industrial HVAC, refrigeration, plumbing, process piping, and building automation systems. ACCO IS AN EQUAL OPPORTUNITY EMPLOYER AA M/F/V/D. We proudly hire U.S. Military Veterans, and those qualified are encouraged to apply. Equal Employment Opportunity is The Law.