Cash Receipts Specialist

About the role

We are conducting a confidential search for an experienced Cash Receipts Specialist to support a professional organization’s accounting and finance operations.

Responsibilities

• Process and accurately apply incoming customer payments to the appropriate accounts and invoices.
• Post ACH payments, wire transfers, checks, and other electronic payment transactions.
• Review daily bank activity and identify incoming payments.
• Prepare and record bank deposits.
• Reconcile cash receipts, bank accounts, and customer account balances.
• Research and resolve unapplied cash, payment discrepancies, short payments, and unidentified receipts.
• Ensure all cash transactions are posted accurately and within established deadlines.
• Maintain detailed documentation of payment activity, adjustments, and account research.
• Communicate with customers and internal departments regarding payment questions and account discrepancies.
• Provide responsive and professional customer service when addressing payment-related concerns.
• Assist with month-end closing activities and cash-related reporting.
• Support the accounting team with additional reconciliation and cash management responsibilities as needed.

Requirements

• Minimum of two years of experience in cash receipts, cash application, accounts receivable, or a related accounting position.
• Law firm experience preferred.
• Experience processing ACH payments, wire transfers, checks, and bank deposits.
• Demonstrated experience with payment posting and account reconciliation.
• Strong understanding of cash application and accounts receivable procedures.
• Excellent customer service and communication skills.
• Strong attention to detail and a high level of accuracy.
• Ability to research and resolve payment discrepancies.
• Ability to manage multiple transactions, deadlines, and priorities.
• Proficiency with Microsoft Excel and accounting or financial management systems.
• Associate or bachelor’s degree in Accounting, Finance, Business Administration, or a related field preferred.

Skills

• Accounting
• ACH
• Cash receipts