Lead Cash Application Specialist

1 week ago


Dallas, Texas, United States CornerStone Staffing Full time

Position Overview:

We are seeking an experienced Cash Application professional to take on a leadership role within a thriving organization in the distribution sector. This position is ideal for individuals with a strong background in cash application processes and team management.

Key Responsibilities:

  • Oversee the daily functions of the Cash Application team, ensuring efficient operations with support from upper management.
  • Provide training and mentorship to new team members, while facilitating ongoing development for existing staff.
  • Prepare comprehensive financial reports and engage in general accounting practices to meet departmental objectives.
  • Manage the downloading of cash receipts and processing of wires from Lockbox.
  • Collaborate with account analysts to obtain necessary documentation for deposits, reconciliations, and research tasks.
  • Accurately apply all bank deposits, wires, and credit card transactions in a timely manner across all systems.
  • Process credit card payments and link unallocated cash to manual invoices as required.
  • Maintain cash application spreadsheets and ensure accuracy in financial documentation.
  • Conduct the Invoice Validation process and undertake related responsibilities as assigned.

Qualifications:

  • A minimum of 3 years of experience in a Cash Application role or within a Lockbox environment.
  • At least 2 years of leadership experience in a financial capacity.
  • Solid understanding of basic bookkeeping principles.
  • Preferred: 1 year of experience in research and reconciliation.
  • Proficient 10-Key skills are essential.

Application Process:

To express your interest in this position, please follow the application instructions provided by CornerStone Staffing.

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