Cash Applications Specialist

Brilliant Financial Staffing is seeking a Cash Applications Specialist for a growing manufacturing and distribution organization. This is an onsite contract opportunity for approximately 5-6 months. The Cash Applications Specialist will report to the AR Manager and be responsible for processing high volumes of incoming payments across multiple entities and ERP systems. This individual will focus on accurate and timely cash application, daily cash reconciliations, and resolving unapplied cash and payment discrepancies., * Process incoming payments, including lockbox, ACH/EFT, credit cards, live checks, and wire transfers.

• Download daily bank reports and review lockbox deposits for all entities.
• Process and post ACH/EFT and credit card payments across multiple ERP systems.
• Research and resolve unmatched payments and unapplied cash.
• Process international wire transfers and deposit live checks.
• Balance daily cash receipts, including ACH, credit cards, live checks, wires, and netting receipts.
• Process write-offs, refunds, and commissions to clear outstanding invoices.
• Maintain cash receipts tracking and unapplied wires reports.
• Partner with the Credit Department to resolve unapplied cash and payment discrepancies.
• Collaborate with offshore teams on daily cash posting issues.
• Respond to written and telephone inquiries related to cash applications.
• Work with staff accountants to identify cash transactions and resolve discrepancies.
• Create and maintain A/R cash application procedures.

• Previous cash applications experience is required.
• Experience processing high volumes of payments across multiple entities.
• Familiarity with ERP systems such as AS400, Sage, and/or Microsoft Dynamics AX.
• Strong Excel skills, including experience balancing daily cash receipts.
• Experience processing ACH/EFT, lockbox, credit card payments, live checks, and wire transfers.
• Strong reconciliation, analytical, and problem-solving skills.
• Excellent attention to detail and ability to meet deadlines in a fast-paced environment.