Cash Application Specialist

A Cash Application Specialist processes, posts, and reconciles high-volume incoming customer payments and matches them to open invoices within an organization’s accounts receivable ledger. This role ensures accurate financial records, minimizes unapplied cash, and supports steady company cash flow.

Core Responsibilities

• Process daily high-volume payments including checks, ACH, wire transfers, and credit cards.

• Match remittance advice and payment details to correct customer accounts and open invoices.

• Post cash receipts accurately and timely into the company’s enterprise resource planning (ERP) or accounting system.

• Research and resolve payment discrepancies, short-payments, or unapplied cash items.

• Reconcile daily transaction totals with bank deposits and general ledger accounts.

• Communicate with internal billing, collections, and customer service teams to clear up issues.

• Utilize Microsoft Excel for data analysis, tracking, and reconciliation tasks.

Key Qualifications & Skills

• High attention to detail and strong data entry accuracy.

• Proficiency in accounting software and ERP systems (such as SAP or Oracle).

• Strong working knowledge of Microsoft Excel.

• Basic understanding of accounts receivable and general accounting principles.

• Good communication and problem-solving skills.

• Associate or bachelor’s degree in finance, accounting, or a related field (often preferred, though experience can substitute).

Compensation / Pay Rate (Up to): $24.00 -

• High attention to detail and strong data entry accuracy.

• Proficiency in accounting software and ERP systems (such as SAP or Oracle).

• Strong working knowledge of Microsoft Excel.

• Basic understanding of accounts receivable and general accounting principles.

• Good communication and problem-solving skills.

• Associate or bachelor’s degree in finance, accounting, or a related field (often preferred, though experience can substitute).