Cash Applications Specialist

6 days ago

Saint Louis, United States Accounting Career Consultants Full time
Job DescriptionJob Description

Why is This a Great Opportunity?

The Cash Applications Specialist role offers the chance to be an essential part of a high-performing finance team, providing vital support to the company’s cash management and credit processes. This position allows you to leverage your expertise in cash application and journal entries while working in a collaborative team environment. It’s an excellent opportunity for someone looking to take ownership of key financial operations and grow within a supportive, fast-paced organization. With room for process improvements and cross-functional collaboration, this role is ideal for individuals seeking professional development in accounting and finance.

Job Description:

As a Cash Applications Specialist, you will be responsible for accurately processing incoming payments and ensuring that cash and credit applications are properly recorded and reconciled in the company’s accounting system. You will work closely with the accounting, finance, and credit teams to ensure that all transactions are updated in a timely manner, and any discrepancies are resolved. The role also involves regular updates to journal entries and maintaining an organized system of records.

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.

Qualifications:

• 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.
This role is perfect 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.

#ACCPRI #ACCEE

Company DescriptionSince 1985 – Accounting Recruitment Experts
Accounting Career Consultants has been providing direct-hire, consulting, and temporary placement services since 1985.
Locally owned with a national reach. We offer the flexibility of a local staffing company combined with the resources of a larger firm. We are committed to developing long-term relationships with both our candidates and clients. We take the time to learn what is important to our candidates and our clients to help ensure a good fit for all parties.

Awards & Recognition:
2019 Forbes America’s Best 250 Professional Search Firms List-Ranked #63
2016-2017 St. Louis Business Journal Fastest-Growing Private Companies
2017 St. Louis Business Journal Largest Temporary Staffing Firms
2015-2017 & 2019 Future 50 Award winner by the St. Louis Small Business Monthly (Celebrating The Area's Top Growing Businesses)Company DescriptionSince 1985 – Accounting Recruitment Experts\r
Accounting Career Consultants has been providing direct-hire, consulting, and temporary placement services since 1985.\r
Locally owned with a national reach. We offer the flexibility of a local staffing company combined with the resources of a larger firm. We are committed to developing long-term relationships with both our candidates and clients. We take the time to learn what is important to our candidates and our clients to help ensure a good fit for all parties.\r
\r
Awards & Recognition:\r
2019 Forbes America’s Best 250 Professional Search Firms List-Ranked #63\r
2016-2017 St. Louis Business Journal Fastest-Growing Private Companies\r
2017 St. Louis Business Journal Largest Temporary Staffing Firms\r
2015-2017 & 2019 Future 50 Award winner by the St. Louis Small Business Monthly (Celebrating The Area's Top Growing Businesses)

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