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Cash Applications Specialist

2 months ago

St Louis, Missouri, United States Accounting Career Consultants, ACC Legal & HR Career Consultants Full time
Job Title: Cash Applications Specialist

Are you a detail-oriented professional with a passion for finance? Do you enjoy working in a team environment and taking ownership of key financial operations? We're seeking a skilled Cash Applications Specialist to join our high-performing finance team at Accounting Career Consultants, ACC Legal & HR Career Consultants.

Job Summary:

The Cash Applications Specialist role offers the chance to be an essential part of our finance team, providing vital support to our cash management and credit processes. As a key member of our team, you will be responsible for accurately processing incoming payments and ensuring that cash and credit applications are properly recorded and reconciled in our accounting system.

Key Responsibilities:
  • Process daily cash receipts and credit applications, ensuring accuracy and completeness.
  • Apply payments to customer accounts in accordance with established policies and procedures.
  • Investigate and resolve discrepancies in cash applications, working closely with the Accounts Receivable and Credit teams.
  • Update journal entries and maintain general ledger accounts related to cash applications.
  • Reconcile bank statements and cash accounts on a regular basis to ensure accuracy.
  • Work collaboratively with other members of the finance team to streamline processes and improve accuracy.
  • Assist with month-end close activities related to cash application and reconciliation.
  • Prepare ad hoc reports and support special projects as needed.
Requirements:
  • Minimum of four years of experience in cash applications and credit management.
  • Experience updating and reconciling journal entries in a corporate or large-scale accounting environment.
  • Proven ability to work effectively in a team setting, collaborating with multiple departments and colleagues.
  • Strong attention to detail and accuracy in processing payments and reconciling accounts.
  • Proficiency in accounting software and systems (e.g., SAP, Oracle, or similar platforms).
  • Advanced Microsoft Excel skills, including the ability to use formulas, pivot tables, and VLOOKUPs.
  • Strong problem-solving and analytical skills, with the ability to resolve discrepancies independently.
  • Excellent communication skills, both written and verbal, with the ability to interact effectively with internal and external stakeholders.
  • Bachelor's degree in Accounting, Finance, or related field is preferred but not required.
Why This Role is Perfect for You:

This role is ideal for someone who enjoys working in a team environment, is meticulous about accuracy, and is looking for a rewarding position where their efforts directly impact the company's financial operations.

We offer a supportive and fast-paced work environment, opportunities for professional development, and a competitive compensation package. If you're a motivated and detail-oriented professional looking for a new challenge, we encourage you to apply for this exciting opportunity.