Cash Applications Specialist

Brilliant Financial Staffing is looking for a Cash Applications Specialist to join a growing company in the manufacturing industry on a temporary basis for 4 months. Located near Naperville, IL, this organization is continuing to grow their market and their team is growing tremendously. The ideal Cash Applications Specialist will be comfortable working in a high volume, fast paced environment and be able to apply large amounts of payments and research accounts on a daily basis. The role will work on the Accounts Receivable team and report directly into the Accounting Manager. This is an immediate need for the organization, so the Cash Applications Specialist will be able to start as soon as possible.

Cash Applications Specialist Responsibilities:

•    Posts NSF/returned checks.
•    Posts reversals for any miss-applied cash.
•    Researches and posts bank adjustments (credit or debit).
•    Posts to GL Accounts other than cash clearing GL account.
•    Understands and trains all the new functions for cash application in SAP.
•    Keeps Deductions Special Instructions manual updated.
•    Reconciles all cash GL accounts for period close.
•    Updates all cash reports (All lockbox Batches, daily routing and remote deposits).
•    Downloads all ACH/Wire back up from bank websites.
•    Assists Credit and Collections team to confirm receiving Wire payments for prepay-customers.
•    Posts offset requests from the Credit and Collections team.
•    Fills out EFT/ACH forms for customers requesting to pay by ACH.

Cash Applications Specialist Qualifications:

•    Strong Excel – manipulate Vlookups & Pivot Tables is must have
•    SAP is required
•    High volume Cash Applications experience is required 
•    Must be tech-savvy and willing to learn and pick up new processes
•    Must have excellent communication skills.

If you or anyone you know is qualified and interested please apply ASAP!