The Cash Applications Specialist is responsible for handling all incoming customer and miscellaneous payments with a high degree of accuracy while following the guidelines of company policy and basic accounting principles.
Apply payments which arrive in electronic funds, lockboxes, manual deposits and credit cards in a timely manner with a high degree of accuracy.
Create adjustments in Great Plains to include finance charges, bank transactions, deductions, write-offs, credit/debit memos and intercompany cash transfers.
Handle short pays and overpayments according to company policy.
Monitor internal spreadsheets, recons and banking reports for updates on incoming funds and post accordingly.
Monitor unapplied cash on a weekly basis and work with the customers/vendors, Collections, Billing, General Ledger or other internal accounting/administration departments to reduce unapplied cash.
Balance and reconcile the checkbook register on a daily basis to ensure all incoming cash has been accounted for.
Respond to internal and external inquiries/requests through email, phone, and mail.
Assist third party auditors with data requests as needed.
2 – 3 years cash applications experience preferred
Proficient with MS Office & Word
Intermediate with Excel
Large ERP Systems experience; Great Plains a plus
Fast and accurate data entry skills including 10-key
Ability to identify and solve problems, perform under pressure, and meet deadlines
Basic understanding of Banking and General Ledger functions
Able to work independently and with minimal supervision
Excellent time management skills and strong attention to detail
Alpharetta, United States
10 months ago