Cash Application Specialist

Requirements

• Post customer payments by processing checks, ACH, Wire, or other payment types
• Post revenues by verifying and entering transactions from lock box and local deposits
• Update receivables by totaling unpaid invoices
• Verify validity of account discrepancies by obtaining and investigating information from credit, sales and accounting and customers
• Resolve valid or authorized deductions by entering adjusting entries
• Resolve collections by examining customer payment plans, payment history, credit line, coordinating contact with credit department
• Summarize receivables by maintaining invoice accounts; coordinating monthly transfer to accounts receivable account; verifying totals; preparing report