Kforce Inc. logo

Cash Applications Specialist

Kforce Inc.
  • New York, TX
  • $75,000–$85,000
1 day ago

Job Description

Kforce has partnered with a prestigious and globally recognized professional services organization in NYC to identify a Cash Applications Specialist for their growing Accounting team. Summary: This role is ideal for an accounting professional who enjoys investigative work, high-volume payment processing, reconciliations, and ensuring financial accuracy. If you have experience applying cash, researching payment discrepancies, and working with domestic and international accounts, we encourage you to apply. This is not a Collections or Billing position. This role is dedicated to cash application, payment allocation, and reconciliation activities within the Accounting department. Responsibilities:
  • Research, process, and apply a high volume of incoming payments, including checks, ACH transactions, wire transfers, and lockbox receipts
  • Accurately allocate payments across domestic, international, corporate, and client accounts
  • Perform daily ACH and lockbox reconciliations
  • Review and correct lockbox allocations to ensure accurate payment application
  • Investigate and resolve payment discrepancies and misapplied cash transactions
  • Process write-offs, adjustments, and client refunds in accordance with company policies
  • Prepare and distribute daily cash collection and financial reporting for senior finance leadership
  • Collaborate with accounting, billing, and collections teams regarding payment-related inquiries
  • Reconcile cash activity and supporting schedules to the general ledger
  • Maintain a high level of accuracy while managing significant transaction volume

Requirements:

  • Bachelor's degree in Accounting, Finance, or related field preferred
  • 5+ years of experience in Cash Applications, Accounts Receivable, or ---Corporate Accounting
  • Experience processing ACH payments, wire transfers, lockbox transactions, and checks
  • Strong reconciliation and problem-solving skills
  • Ability to research and resolve payment allocation issues independently
  • Advanced attention to detail and organizational skills
  • Proficiency with Excel and accounting/ERP systems
  • Strong written and verbal communication skills
Preferred Experience:
  • Professional services, legal, consulting, or corporate accounting environment
  • Exposure to domestic and international accounting operations
  • High-volume transaction processing and cash management activities

The pay range is the lowest to highest compensation we reasonably in good faith believe we would pay at posting for this role. We may ultimately pay more or less than this range. Employee pay is based on factors like relevant education, qualifications, certifications, experience, skills, seniority, location, performance, union contract and business needs. This range may be modified in the future.

We offer comprehensive benefits including medical/dental/vision insurance, HSA, FSA, 401(k), and life, disability & ADD insurance to eligible employees. Salaried personnel receive paid time off. Hourly employees are not eligible for paid time off unless required by law. Hourly employees on a Service Contract Act project are eligible for paid sick leave.

Note: Pay is not considered compensation until it is earned, vested and determinable. The amount and availability of any compensation remains in Kforce's sole discretion unless and until paid and may be modified in its discretion consistent with the law.

This job is not eligible for bonuses, incentives or commissions.

Kforce is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, pregnancy, sexual orientation, gender identity, national origin, age, protected veteran status, or disability status.

By clicking “Apply Today” you agree to receive calls, AI-generated calls, text messages or emails from Kforce and its affiliates, and service providers. Note that if you choose to communicate with Kforce via text messaging the frequency may vary, and message and data rates may apply. Carriers are not liable for delayed or undelivered messages. You will always have the right to cease communicating via text by using key words such as STOP.


Numbers & Facts

LocationNew York, TX
IndustryFinancial Services
Salary$75,000–$85,000
Company Size1,000 to 1,499 employees
Year Founded1962
Websitehttp://www.kforce.com/

About Company

Kforce is a solutions firm specializing in technology, finance and accounting, and professional staffing services. Our KNOWLEDGEforce® empowers top companies to achieve their digital transformation goals. We curate teams of technical experts who deliver solutions custom-tailored to each client’s needs. These scalable, flexible outcomes are shaped by deep market knowledge, thought leadership and our multi-industry expertise.

 

Our integrated approach is rooted in 60 years of proven success deploying highly skilled professionals on a temporary and direct-hire basis. Each year, approximately 18,000 talented experts work with the Fortune 500 and other leading companies. Together, we deliver Great Results Through Strategic Partnership and Knowledge Sharing®.

Skills

  • Accountingunmatched
  • Accounts Receivableunmatched
  • Cash Applicationsunmatched
  • Cash Managementunmatched
  • Communication Skillsunmatched
  • Consultingunmatched
  • Corporate Policiesunmatched
  • Credit and Collectionsunmatched
  • Detail Orientedunmatched
  • ERP (Enterprise Resource Planning)unmatched
  • Financeunmatched
  • Financial Reportingunmatched
  • General Ledger Accountingunmatched
  • Leadershipunmatched
  • Legalunmatched
  • Organizational Skillsunmatched
  • Payment Processingunmatched
  • Presentation/Verbal Skillsunmatched
  • Problem Solving Skillsunmatched
  • Professional Servicesunmatched
  • Reconciliationunmatched
  • Research Skillsunmatched
  • Short Messaging Service (SMS)unmatched
  • Transaction Processing/Managementunmatched
  • Writing Skillsunmatched

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