Cash Posting Specialist

Overview

This is a temporary, full-time Cash Posting Specialist position on the cash posting team. The role is responsible for ensuring cash is posted accurately and that AR correction requests—Sales Adjustment, Liability Transfer, Cash Moves and Delete Service—are recorded in the sub ledger in a timely manner. The position also ensures appropriate supporting documentation and approvals are obtained, and communicates with others when issues prevent transactions from being posted.

Responsibilities

• Utilize AR software to process cash application, Sales Adjustment, Liability Transfer, Cash Moves and Delete Service transactions
• Utilize document management software to prioritize and process transactions daily
• Update and reconcile the cash log to capture all cash deposits for the month and prior month’s unapplied payments
• Process and post payments, liability transfers, delete services, and sales adjustments in a timely manner
• Reconcile processed payments and update the cash log to ensure posting accuracy
• Obtain and analyze guarantor remittance advices for accurate cash posting
• Obtain and analyze supporting backup per documentation requirements
• Ensure appropriate approval(s) are obtained for all transactions processed
• Research, escalate, and resolve transaction discrepancies
• Notify supervisor of processing issues or delays
• Participate in and/or facilitate meetings with key staff to resolve issues impacting transaction processing
• Assist with resolution of issues that could impact monthly sub ledger close
• Maintain accounts receivable processing manual and reference materials
• Produce, maintain, and distribute reports for management analysis upon request
• Ensure internal control compliance for assigned areas and other audit requirements
• Assist in onboarding of new hires and provide training and technical assistance to assigned worker(s) as needed
• Support department objectives and goals and participate in team meetings
• Support special projects, mission critical initiatives, and other duties as assigned by the supervisor
• Perform system testing

Requirements

Education and Experience

• High school diploma or equivalent
• Associate’s or Bachelor’s degree in a Finance related field preferred
• 1 to 3 years of experience in Accounts Receivable or related field, specifically in cash posting (manual and electronic)
• Knowledge of EDI 835 formatting preferred

Skills and Abilities

• Self-motivated and detail oriented
• Excellent communication skills
• Highly organized with ability to multi-task
• Analytical skills and ability to collect information from different sources
• Effective use of Microsoft Office (Word, Excel, PowerPoint, Outlook, etc.)

Compensation & Benefits

Not specified.

Location

• Regular working hours for this position can be performed remotely; however, due to current business and employment requirements, individuals working from Alaska, Hawaii, New York, Oregon, South Dakota, Vermont, Washington State, or Washington, D.C. cannot be employed in this role.

Physical Requirements

• Sedentary work. Exerting up to 10 pounds of force occasionally and/or negligible amount of force frequently or constantly to lift, carry, push, pull or otherwise move objects, including the human body. Sedentary work involves sitting most of the time. Jobs are sedentary if walking and standing are required only occasionally and all other sedentary criteria are met.

ADA Statement

External and internal applicants, as well as position incumbents who become disabled, must be able to perform the essential job functions either unaided or with assistance of a reasonable accommodation to be determined on a case-by-case basis via the interactive process.

Equal Opportunity Statement

The employer is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex (including pregnancy, sexual orientation, or gender identity), national origin, age, disability, genetic information, veteran status, citizenship, or any other characteristic protected by law.