Senior associate

AR Cash Application (Cash Applications Specialist)

Job Description

Responsible for accurately processing and applying incoming customer payments (checks, EFTs, wire transfers, credit cards) to outstanding invoices, reconciling accounts, resolving discrepancies, and supporting month-end close activities.

Key Responsibilities

• Daily processing and posting of cash receipts (cash, checks, EFTs, credit cards) to customer accounts
• Identify and reallocate daily unapplied or misapplied amounts; resolve short pays, overpayments, and deductions
• Reconcile bank deposits against postings and investigate discrepancies
• Maintain detailed remittance records and support audit requirements
• Collaborate with internal teams (collections, billing, customer service) and contact customers by phone/email to resolve outstanding issues
• Ensure compliance with internal controls, financial policies, intercompany transfers, and write-off protocol
  
  

Required Skills & Qualification - Education & Experience

• Bachelor’s degree
• 3 to 6 years of experience
  
  

Analytical & Soft Skills

Strong communication skills for liaising with customers and cross-functional teams

Proactive problem-solver with ability to work independently and collaboratively