Job Information
ICONMA, LLC Cash Application Specialist in United States
Our Client, a Security Products and Solutions company, is looking for a Cash Application Specialist for their Indianapolis, IN /Remote location. Responsibilities:
Properly identifying customer’s remittance and posting payments to the correct account by invoice, quote, and/or order numbers.
Creating balancing entries related to short payments and deductions on customer accounts per remittance advice.
Reconciling and balancing cash deposits to posting reports daily.
Complete account adjustments in a timely manner
Manage daily inflow and outflow of intercompany transfers
Assist with creating an environment of continuous improvement and transformation.
Research cash related posting requests related to customer over payments, short payments, and deductions.
Posting and recording of customer payments received from the lockboxes/bank accounts including checks, ACHs, wires and credit cards.
Maintaining cash receipts records and files as required for audit requests.
Support internal and external customers through accurate, timely application of customer payments.
Complete daily, weekly and/or monthly reporting duties.
Maintain applicable hardcopy and electronic data related to cash application for auditing purposes.
Build a solid relationship with credit staff and external customers.
Escalate unresolved cash and unapplied cash items to Cash Application Manager weekly.
Support internal/external customers by providing feedback timely.
Assist in driving process improvement within the department to achieve business unit goals and productivity.
Provide positive communication & exude positivity.
Customer facing negotiation and influence customer habits to utilize digital payment tools.
Interpret the finding of the data analysis and make correct conclusions/recommendations.
Research and clean up unapplied cash with a high level of accuracy and attention to detail.
Identify unclaimed property
Requirements:
Ability to work within multiple ERP systems to develop and interpret reports.
Ability to quickly adapt to change.
Strong sense of time management.
Dependable – self-starter – highly motivated
Ability to effectively present information and communicate to internal and external customers.
Be an effective problem solver when presented with variables in standardized situations with strong trouble shooting ability.
Effectively communicate with customers to retrieve remittance detail for outstanding unapplied invoices/payments.
Ability to cross-train on related Cash Application functions within a teamwork-oriented environment.
Must work effectively with other internal departments to ensure cash transactions are balanced and accurate.
Ability to comprehend and follow departmental policies and procedures.
Ability to be a trend finder and gather, document, and analyze data.
3+ years of business-to-business cash application experience in a large corporate environment, preferably in manufacturing, service, construction, or distribution industries.
Experience operating within multiple programs, software, and ERPs daily.
Excellent communication skills, both verbal and written
Strong general knowledge of accounts receivable processes, with an expertise in cash application.
Ability to multitask in a high-volume transactional environment.
Must be proficient in 10-key data entry.
Strong knowledge of Microsoft Excel including VLOOKUP formulas and pivot tables.
Ability to successfully operate in a teamwork-oriented, metric-based environment.
Preferred: BS Degree
Nice to Have: Project experience (unapplied or other type of projects)
3-5 years of Cash Apps experience
Experience in 10 key data entry
Proficient in Excel (Vlookup formulas and pivot tables)
D365 Experience and research experience
Why Should You Apply?
Health Benefits
Referral Program
Excellent growth and advancement opportunities
As an equal opportunity employer, ICONMA provides an employment environment that supports and encourages the abilities of all persons without regard to race, color, religion, gender, sexual orientation, gender identity or express, ethnicity, national origin, age, disability status, political affiliation, genetics, marital status, protected veteran status, or any other characteristic protected by federal, state, or local laws.