Cash Applications Specialist Overview • The Cash Applications Specialist plays a vital role in managing daily cash receipts and ensuring accurate financial record maintenance. • This contract position offers an opportunity for quick conversion to permanent employment based on performance. • Work closely with Treasury Management and Collections teams to resolve cash receipt issues effectively. • Handle payments through various channels such as billing systems, credit cards, lockboxes, mailed checks, ACH payments, and bank wires. • Maintain accurate records for auditing purposes, including filing remittances and check copies. • Collaborate with customers to address account discrepancies and ensure payment accuracy. • Gain exposure to advanced financial systems and processes, enhancing professional expertise. • Contribute to a dynamic and fast-paced environment with strict adherence to company policies. Cash Applications Specialist Key Responsibilities & Duties • Process daily cash receipts, including posting payments and addressing unapplied amounts. • Maintain accurate financial records for auditing and reporting purposes. • Handle NSF payments, refunds, and account adjustments efficiently. • Collaborate with Treasury Management and Collections teams to resolve cash application issues. • Communicate with customers to address account discrepancies and ensure payment accuracy. • Process lockbox exceptions and ensure proper allocation of funds. • Support daily reporting to Treasury Manager and maintain organized documentation. • Utilize Microsoft Office and online banking systems for efficient workflow management. Cash Applications Specialist Job Requirements • High School Diploma or GED required; associate or bachelor’s degree preferred. • Minimum of 2 years of experience in cash application and customer service. • Proficiency in Microsoft Office, particularly Word and Excel. • Familiarity with banking policies, online systems, and accounts receivable concepts. • Strong math skills and problem-solving abilities are essential. • Experience with Tower systems is a plus. • Ability to work on-site in a fast-paced environment with strict adherence to company policies. • Excellent communication skills for effective collaboration with teams and customers.