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Cash Applications Specialist in Indianapolis, IN at Vaco

Date Posted: 3/23/2018

Job Snapshot

  • Employee Type:
    Full-Time
  • Job Type:
    Accounting
  • Experience:
    At least 1 year(s)
  • Date Posted:
    3/23/2018
  • Job ID:
    2052018

Job Description

The Cash Applications Specialist is a member of the Accounting team and is responsible for all aspects of the order to cash process including matching invoices to receivables, cash reconciliation, and maintaining a variety of metrics/data related to the company's cash receipts.

RESPONSIBILITIES:

  • Match a variety of payment types including checks, wires, and EDI payments
  • Match deductions (short pays) with available back up and remittance advice and post per defined procedures
  • Perform daily cash reconciliation audit, match daily incoming cash received by bank to total posted
  • Balance cash received at month end , take responsibility for applying all open cash items before accounts receivables close for the prior period
  • Maintain and report on all relevant statistics for cash applications, such as percentage of cash auto-applied and turn-around time for processing lockbox.
  • Maintain certificate of insurance files and work with customers to obtain certificates as needed
  • Research overpayments and outstanding credit memos
  • All other duties as assigned

Preferred Candidate Qualifications:

Education and Experience:

  • High School Diploma required. College Degree strongly preferred.
  • 1+ years of Accounts Receivable experience with emphasis on managing cash applications and billing required