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Accounting Cash Application Specialist
2 weeks ago
We're seeking a skilled Financial Operations Specialist to perform day-to-day tasks, maintain service level agreements, and resolve customer queries related to cash application.
This role involves making collection calls, emailing/faxing invoices, and coordinating with customers. The ideal candidate will have in-depth knowledge of cash allocation processes, including validation and reporting.
- Making timely collection calls to customers, sending invoices via email or fax as requested, and ensuring accurate documentation.
- Understanding all aspects of cash allocation, including deep validation and reporting to stakeholders.
- Allocating payments in accordance with customer remittances and maintaining accurate records.
- Collaborating closely with AR teams to track aged receivables and ensure compliance with SLAs.
- Serving as a subject matter expert for AR processes, with a deep understanding of the AR value chain and experience working with real estate clients preferred.
- Developing and updating Standard Operating Procedures and implementing process improvements.
- Providing exceptional customer service and resolving internal disputes and customer queries.
- Reconciling orders to match customer books and validating credits/debits.
Requirements:
- Bachelor's or Master's degree in Finance and Accounting.
- Relevant experience in Account Receivable processes, particularly cash application.
- Excellent verbal communication, interpersonal, and analytical skills.
- Proficiency in MS Office applications, especially Excel.