Cash Application Specialist
2 weeks ago
About the Role
Corteva Agriscience is seeking an experienced Cash Application Specialist to join our team. In this critical role, you will be responsible for ensuring the accuracy and efficiency of cash application processes.
Responsibilities
Operational Excellence:
- Post daily cash receipts to general ledger accounts and verify transaction details.
- Process customer account adjustments (write-offs, reclassifications, refunds, etc.).
- E nsure accurate cash postings in customer accounts based on bank statements.
- Accurately match and clear open items in customer accounts.
- Research and reconcile unidentified payments and unapplied receipts.
- Assist in identifying and resolving payment discrepancies.
- Perform customer account reconciliations and daily deposit reconciliations.
Audit Support:
- Provide backup support to accounting and credit departments.
- Respond to internal and external audit queries in a timely manner.
- Work with collections teams to verify delinquent account status and solicit overdue payments.
Closing and Month-End Support:
- Responsible for month-end closing activities, including report generation and distribution.
- Ensure all payments are applied and accounting requests are completed before AR books close.
- Reconcile bank interim accounts.
- Improve cash processing productivity and implement Lean or process improvement ideas.
- Actively participate in automation projects.
Qualifications
- Bachelor's Degree in Commerce.
- 2+ years of cash application experience, preferably in SAP.
- Familiarity with ECH/wires and Lock box processes.
- SAP hands-on experience, with SAP Auto Bank knowledge as an added advantage.
- Supporting AR projects.
- Advanced Excel skills.
- Strong interpersonal and communication skills.
- Excellent quantitative and analytical skills.
What We Offer
We offer a competitive salary range of $60,000 - $80,000 per annum, depending on location and experience. Corteva Agriscience is an equal opportunities employer and welcomes applications from diverse candidates.
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