Lead Cash Application Specialist

2 weeks ago


Dallas, Texas, United States CornerStone Staffing Full time

Position Overview:

We are seeking an experienced Cash Application professional to oversee a dedicated team within a thriving distribution organization. If you possess a minimum of 3 years of recent experience in Cash Application and Lockbox processes, we encourage you to consider this opportunity.

Job Title: Cash Application Lead

Location: Remote

Compensation: $22/hr

Work Schedule: Monday to Friday, 8 AM to 5 PM

Key Responsibilities:

  • Assist in managing the daily operations of the Cash Application team, providing leadership and direction.
  • Facilitate training and mentorship for new team members, while supporting ongoing professional development.
  • Prepare comprehensive financial reports and engage in general accounting practices to meet departmental objectives.
  • Download cash receipts and manage wire transfers from Lockbox efficiently.
  • Collaborate with account analysts to gather necessary documentation for deposits, reconciliations, and research tasks.
  • Ensure accurate and timely application of all bank deposits, wires, and credit card transactions across all systems.
  • Process credit card payments and link unallocated cash to invoices as required.
  • Maintain organized cash application spreadsheets and manage chargeback invoice printing.
  • Execute the Invoice Validation process and perform additional related duties as assigned.

Qualifications:

  • A minimum of 3 years of experience as a Cash Application Clerk or in a Lockbox environment is required.
  • At least 2 years of leadership experience in a financial role is essential.
  • Familiarity with basic bookkeeping principles is necessary.
  • Preferred: 1 year of experience in research and reconciliation.
  • Strong 10-Key skills are essential for this role.


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