Cash Application Coordinator
Role details
Job location
Tech stack
Job description
The Cash Application Coordinator will be responsible for ensuring that payments are accurately and efficiently applied to BlueStar customer accounts. This position requires attention to detail, accuracy and a solid understanding of banking and payment processes. This role will work closely with and assist the Credit Manager in continuous improvement projects within the cash application function and plays an important role in order-to-cash and collections cycle of the Credit Department., * Accurately post all payments to the appropriate customer accounts
- Reconcile daily deposits including ACH's, wires, credit card, and lockbox payments with the corresponding remittance advice
- Communicate with internal and external customers to secure remittance advice to ensure timely posting of payments
- Process customer chargebacks to ensure a prompt resolution
- Manage shared email boxes containing customer correspondence relating to remittance advice, chargebacks, customer statements, and other miscellaneous communication
- Minimize cash on account and misapplied payments
- Support process improvements, accept, and advocate change in the way of working
- Support internal and external audits
- Process Credit/Debit card charges, credits, declines and disputes.
- Other projects as requested by Management
Requirements
Do you have experience in Spreadsheets?, Do you have a High school diploma or GED?, * High school diploma; Associates degree or some secondary education preferred.
- Minimum of 3 years of experience in an accounting is preferred, but not required
- Strong analytic and problem-solving skills to identify and resolve discrepancies
- Must have strong math and organizational skills
- Must have strong data entry skills.
- High level of accuracy and attention to detail in handling financial transactions.
- Excellent verbal/written communication skills.
- Must be highly motivated, self-starter and possess a drive for excellence.
- Ability to handle multiple tasks, prioritizes accordingly, and stay organized.
- Knowledge of personal computer system and software required (Oracle, Microsoft Word, Microsoft Excel,) and willingness to learn as new software is introduced.