Cash Application Specialist

The Cash Application Specialist is responsible for the accurate and timely application of customer payments while supporting key accounting activities related to cash, accounts receivable, and the monthly close process. This position focuses on cash application, account reconciliations, payment research, and process improvement. The role does not include customer collections or invoice generation., * Apply customer payments received through lockbox, ACH, wire transfers, checks, and credit cards

• Research and resolve unapplied cash, unidentified payments, short pays, overpayments, and customer deductions
• Match customer remittances to open invoices and investigate payment exceptions
• Prepare daily cash application and reconciliation reports
• Reconcile customer accounts and investigate outstanding payment issues
• Reconcile cash receipts to bank activity and the general ledger
• Prepare journal entries related to cash receipts, accounts receivable, and other assigned accounting transactions
• Assist with month-end and year-end closing activities
• Identify opportunities to improve cash application accuracy, efficiency, and internal controls
• Assist with special accounting projects and other accounting responsibilities as assigned

• Associate or bachelor’s degree in accounting, finance, or related field, or equivalent experience
• Three or more years of cash application, accounts receivable, or general accounting experience
• Experience researching payment discrepancies and reconciling accounts
• Ability to communicate effectively both internally and with customers
• High level of accuracy and attention to detail
• Experience with SAP ECC or SAP S/4HANA
• Experience with bank reconciliations and journal entries

Pulled from the full job description

• Tuition reimbursement
• Health insurance
• 401(k) matching
• Paid time off
• Vision insurance
• Dental insurance
• Disability insurance, * Career Opportunity. As a high growth company, we offer strong opportunities for career advancement. Our training and development programs are designed to help you build new skills, grow professionally, and advance your career.
• Work-life balance. Enjoy a consistent Monday-Friday 8a-5p schedule along with generous PTO so you can recharge and spend time with family and friends. We also offer a hybrid work model, giving employees the flexibility to work from home 2 days per week.
• Benefits and Perks. We offer competitive pay, as well as an excellent benefits package including
• medical, dental
• vision
• 401(k) matching up to 3%
• long term disability
• tuition assistance
• on-site gym
• annual wellness program
• corporate office is a nicotine-free facility

We’re proud to have a team of more than 700 innovative and dedicated employees - and we continue to grow! Here are just a few reasons why you’ll enjoy being part of our team, Since 1911, State Industrial Products has helped customers “Care for Work Environments”®. Throughout the years, our main focus has been to help customers enhance building environments and improve equipment productivity. No matter where you go in the United States, Canada or Puerto Rico, you will find State products hard at work in every industry imaginable. From market leading drain maintenance and air care programs to innovative cleaning systems, maintenance supplies and auxiliary programs, State Industrial Products offers facility management benefits that are second to none. We’re a thriving company, and we’re looking for driven individuals to join our team. That’s where you come in!