Cash Applications Specialist Ii

Overview

• The Cash Applications Specialist II will manage daily cash receipts, including lockbox, ACH, and credit card payments, ensuring accurate application to invoices.
• This role requires advanced knowledge of banking, merchant services, and related technologies to support financial operations effectively.
• The position offers opportunities for career advancement, tuition assistance, and a modern work environment.
• Candidates will benefit from comprehensive medical, dental, and life insurance, as well as 401(k) plans and free parking.
• The role involves collaboration with internal teams to resolve financial discrepancies and ensure seamless operations.
• Applicants should possess strong analytical skills and the ability to work under strict deadlines.
• This is a contract-to-hire opportunity located on-site, offering stability and growth potential.

Key Responsibilities & Duties

• Accurately apply lockbox deposits, checks, credit cards, wire transfers, and ACH payments to invoices listed on customer remittances.
• Process credit memos and handle heavy cash applications within established timelines.
• Load deposits and manipulate data for account management purposes.
• Manually post or upload payments using intermediate to advanced Excel skills.
• Perform daily and month-end cash reconciliations to ensure financial accuracy.
• Collaborate with internal teams to address and resolve financial discrepancies.
• Assist with special projects and compile financial reports as needed.
• Maintain strict attention to detail and accuracy in all financial processes.

Job Requirements

• Bachelor of Arts degree required, preferably in a related field.
• Minimum of 2 years of cash application experience; 4 years preferred.
• Proficiency in Excel, MS Word, and Windows-based products is essential.
• Experience with Infor Lawson or Workday Financial Management is preferred.
• Strong analytical skills and ability to research and correct discrepancies.
• Ability to organize, prioritize, and perform under strict deadlines.
• Attention to detail and accuracy in financial processes.
• Capability to adapt quickly in a fast-paced environment.