Cash Applications Specialist

Brilliant Financial Staffing is currently engaged in a search to hire a Cash Applications Coordinator. This manufacturing client of ours is a fast paced and growing company, near Lisle, IL. They are currently behind in their Accounting department and volume has increased with their customers. This Cash Applications Coordinator will be brought on temporary to hire basis in the department and work closely with the Accounting Manager.

Responsibilities:

• Posts NSF/returned checks, roughly 150 per day
• Posts reversals for any misapplied cash
• Reconciles the daily cash receipts, 100 per day
• Researches and posts bank adjustments (credit or debit)
• Posts to GL Accounts other than cash clearing GL account
• Reconciles all cash GL accounts for period close (will train on this), high volume, each rep is in charge of roughly 25 accounts
• 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
• Fills out Remote Deposit (Bank of America) access forms

• Strong Excel with creating and manipulating Pivot Tables and Vlookups
• Excellent communication skills
• 3+ years of AR experience