Description:

Cash Applications Specialist will be responsible for providing support to the AR/Collections team and managing the Cash Application function for the organization. This person is responsible for processing electronic and manual remittance transactions, posting complex payment and contractual adjustments to client accounts. This position is also responsible for reconciling cash transactions, third party remittances, and credit/debit card payments. The AR Clerk downloads posts and reconciles electronic remittance files and works with the billing and collections representatives to resolve posting problems. Has a strong knowledge of third party billing, contractual allowance and detailed knowledge and application of all client master terms and conditions as they relate to collections and payment terms.

Responsibilities:

High volume processing of credit card, wire, ACH, and lockbox transactions daily in USD and in foreign currencies also responsible for the setup of all new accounts in the electronic database

Process and accurately apply all incoming payments for all customer accounts from sources including live checks, credit cards, daily cash, electronic lockbox and wire transfers

Identify and communicate discrepancies in payments received with department Sr. AR Analyst

Prepare and charge all credit card clients on the scheduled designated cycle or as prescribed by payment plan

Download, review, reconcile and post all payments on a current and daily basis

Maintain and update all customer ACH information

Invoice all NSF rejects and ensure to communicate to collections department

Performs reconciliation of daily deposits to the cash postings

Researches unidentified payments for proper posting or return to the payer

Responsible for processing credit card payments

Calculates all contractual allowances to be posted in conjunction with the cash posting

Responsible for month end closing activity including report generation and distribution on automated accounting system

Responsible for producing the daily customer cash receipts reports

Research and resolve unapplied cash and gains approval from Accounting Manager monthly

Prepare detailed, accurate and organized, accounts receivable reconciliations for customer requests as well as internal requests.

Responsible for initiating unapplied payment and chargeback correspondence to customers.

Maintain the responsibility for unapplied payments and lockbox bookkeeping accounts in assigned areas.

Additional Skills & Qualifications:

1+ years of Cash Applications, accounting or Accounts Receivable experience

Bachelors degree in accounting, finance or business administration preferred

Excel- pivot tables, vlookups

ERP experience, Oracle Fusion experience a plus

About Aston Carter:

Aston Carter provides world-class corporate talent solutions to thousands of clients across the globe. Specialized in accounting, finance, human resources, talent acquisition, procurement, supply chain and select administrative professions, we extend the capabilities of industry-leading companies. We draw on our deep recruiting expertise and expansive network to meet the evolving needs of our clients and talent community with agility and excellence. With offices across the U.S., Canada, Asia Pacific and Europe, Aston Carter serves many of the Fortune 500. We are proud to be a ClearlyRated Best of Staffing® double diamond winner for both client and talent service.

Diversity, Equity & Inclusion

At Aston Carter, diversity and inclusion are a bridge towards the equity and success of our people. DE&I are embedded into our culture through:

• Hiring diverse talent

• Maintaining an inclusive environment through persistent self-reflection

• Building a culture of care, engagement, and recognition with clear outcomes

• Ensuring growth opportunities for our people

The company is an equal opportunity employer and will consider all applications without regard to race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, genetic information or any characteristic protected by law.

If you would like to request a reasonable accommodation, such as the modification or adjustment of the job application process or interviewing process due to a disability, please email astoncarteraccommodation@astoncarter.com (%20astoncarteraccommodation@astoncarter.com) for other accommodation options.