Cash Application Coordinator

Cash Applications Coordinator - Contract to hire

Responsibilities:

• Obtains information from the bank for checks received via lockbox and retains this information for future reference, particularly for audit purposes. Processes payments to customer accounts in SAP. Some bank accounts are set up for automated cash application processing, requiring exception handling only, while cash from other bank accounts is processed manually.
• Works directly with the Treasury Department and Credit Manager to ensure all cash applications are completed by month-end and that each General Ledger account remains balanced. Processes credit card payments through either automated processes or manual posting for payments charged through the divisions.
• Communicates directly with customers and customer service representatives to obtain credit card payment information and sends email receipts when necessary. Applies prepayments to orders in SAP and removes delivery blocks so orders can be processed or shipped.
• Pulls remittances for internal and external auditors. Returns checks that cannot be processed by the bank, such as stale-dated checks. Works closely with Credit Representatives to resolve payment questions and assist with payment identification.
• Adjusts non-accounts receivable checks and balances to the appropriate General Ledger accounts, including the associated profit or cost center. Adjusts tax to the appropriate General Ledger account when tax exemptions are received and maintains supporting documentation for audit purposes.

• High school diploma or general education degree (GED) Minimal to no prior experience
• Basic degree of proficiency in MS Office Suite, Outlook & Internet applications.
• Basic analytical, prioritizing, interpersonal, problem-solving, presentation, budgeting, project management (from conception to completion), & planning skills.
• Basic verbal and written communication skills (including analysis, interpretation, & reasoning). Basic understanding and application of mathematical concepts.
• Ability to develop and maintain collaborative relationships with peers and colleagues across the organization, as well as, internal and external clients.
• Ability to work well autonomously and within a team in a fast-paced and deadline-oriented environment. Ability to work with and influence peers and management.
• Self-motivated with critical attention to detail, deadlines and reporting. Ability to work overtime as necessary.