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Cash Applications Specialist

Posted 9 months ago

Terrific Contract Opportunity!
Position: Cash Applications Clerk
Location: Bannockburn, IL 60015
Term: 12 Months Contract
Day-to-Day Responsibilities:
  • Under direction, coordinate the daily activity for the Cash Applications team, including check, credit card and EFT batch transactions and timely application of unapplied payments.
  • Responsible for posting the more complex cash transactions and customer account reconciliation; and monthly reconciliations for bank activity to general ledger.
  • Handle the cash application for specialized customer accounts and reconciliation of more complex customer accounts including, but not limited to transfers, reversals, check inquiries, refund requests and write-offs.
  • Monitor daily payment batch activity and makes necessary assignment adjustments to ensure completion within established time frames and runs script to auto apply payments when applicable.
  • Compile statistical data for the weekly work condition report in order to track unapplied cash, batch posting, suspense accounts and refunds. Runs additional queries to evaluate, measure, and monitor team output and quarterly goals.
  • Responsible for the monthly reconciliation for balancing the bank activity to general ledger and validity of the inter-company ledger account transfers.
  • Train new hires and assists with decisions with the rotation of duties to ensure that all job functions have sufficient backup.
  • Cross-trained to backup all Cash Application duties.
Required Qualifications:
  • Education equivalent to graduation from high school, supplemented by courses in mathematics, or the equivalent in related work experience.
  • 3+ years of general office experience, demonstrating a good aptitude for mathematics and data entry skills.
  • Demonstrates a good knowledge of PC applications. Expertise with Microsoft suite of products is a plus.
  • SAP and Excel experience.
If this sounds like the perfect fit, Apply Today!