Cash Applications Specialist

22 hours ago


Detroit, Michigan, United States Vaco Full time
Job Summary

We are seeking a highly skilled Cash Applications Specialist to join our team at Vaco. As a key member of our finance department, you will be responsible for assisting the Cash Application Manager in receiving, recording, and depositing cash receipts from clients, settlements, and other sources.

Key Responsibilities
  • Collaborate with billing departments to reconcile client accounts, track payments, and resolve any billing-related discrepancies or issues.
  • Investigate and resolve any discrepancies or disputes related to cash receipts, working closely with clients, attorneys, and other stakeholders to address issues promptly and effectively.
  • Identify opportunities to streamline and improve the cash application process, implementing best practices and leveraging technology to enhance efficiency and accuracy.
  • Help develop and maintain unapplied cash policies and procedures ensuring alignment with industry best practices and regulatory requirements.
  • Work with Cash Application Manager and Billing Attorneys to reduce unapplied cash balances and communicate unapplied cash decisions to relevant stakeholders providing clear rationale and guidance as needed.
Requirements
  • Strong analytical and problem-solving skills.
  • Excellent communication and interpersonal skills.
  • Ability to work in a fast-paced environment and meet deadlines.
  • Proficiency in financial software and systems.
What We Offer

Vaco is an Equal Opportunity Employer and offers a competitive salary and benefits package, as well as opportunities for professional growth and development.



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