linkedin
Cash Application Specialist (Barrie, Ontario)
Antech Diagnostics
Barrie, UAE
Full Time
Entry
4 weeks ago
Cash ApplicationAccounts ReceivableBank ReconciliationERP SystemsMicrosoft Excel
Free
Job Fit Check
Base Career helps you apply smarter for this job.
?%
Ready to ScanKey skills for this role
Cash ApplicationAccounts ReceivableBank Reconciliation
About the Role
Antech Diagnostics is seeking a Cash Application Specialist to accurately process and apply incoming payments to customer accounts. This role involves reconciling cash receipts, resolving discrepancies, and supporting the accounts receivable team.
Key Skills for This Role
Cash ApplicationAccounts ReceivableBank ReconciliationERP SystemsMicrosoft Excel
Responsibilities
- Accurately apply customer payments (checks, electronic payments, wire transfers, credit card payments) to appropriate accounts
- Reconcile daily cash receipts and resolve any discrepancies or unapplied payments
- Monitor and investigate payment variances, short payments, and overpayments
- Collaborate with Accounts Receivable team to resolve customer payment issues and disputes
- Maintain detailed records of cash application activities and prepare reports as needed
- Support month end and year end closing processes by ensuring all cash applications are up to date
Requirements
- High school diploma or equivalent; associate or bachelor's degree in Accounting, Finance, or related field preferred
- 2+ years of experience in cash applications, accounts receivable, or similar finance role
- Experience with electronic payment processing and bank reconciliation preferred
- Proficiency with accounting software and ERP systems (e.g., SAP, Oracle, QuickBooks)
- Strong attention to detail and organizational skills
Full Job Posting
Role Overview
- The Cash Application Specialist is responsible for accurately processing and applying incoming payments to customer accounts, ensuring timely and precise reconciliation of cash receipts.
- This role plays a critical part in maintaining the integrity of the company’s accounts receivable and supporting the finance and accounting teams by managing cash flow data efficiently.
Essential Duties And Responsibilities
- Accurately apply customer payments (checks, electronic payments, wire transfers, credit card payments) to the appropriate accounts in the accounting system.
- Reconcile daily cash receipts and resolve any discrepancies or unapplied payments.
- Monitor and investigate payment variances, short payments, and overpayments.
- Collaborate with the Accounts Receivable team to resolve customer payment issues and disputes.
- Maintain detailed records of cash application activities and prepare reports as needed.
- Communicate with internal teams and customers to clarify payment details and resolve issues.
- Support month end and year end closing processes by ensuring all cash applications are up to date.
- Assist in process improvements to enhance the efficiency and accuracy of cash application procedures.
- Ensure compliance with company policies and financial regulations.
Education And Experience
- High school diploma or equivalent; associate or bachelor’s degree in accounting, Finance, or a related field (preferred).
- 2+ years of experience in cash applications, accounts receivable, or a similar finance role.
- Experience with electronic payment processing and bank reconciliation (preferred).
- Experience working in a fast paced environment with tight deadlines (preferred).
Knowledge, Skills And Abilities
- Knowledge of accounting principles and cash application processes.
- Proficiency with accounting software and ERP systems (e.g., SAP, Oracle, QuickBooks).
- Strong attention to detail and organizational skills.
- Strong analytical and problem solving abilities.
- Effective written and verbal communication skills.
- Ability to work independently and collaboratively as part of a team.
- Familiarity with Microsoft Office Suite, particularly Excel.
- Ability to handle confidential financial information with discretion and professionalism.
Target Pay Range
- $47,000 to $60,000 annually
Apply for this job in 1 click
Skip the repetitive application forms
Install the Base Career Chrome Extension and autofill job applications across major job boards with your profile.
Trusted by over 500,000 job seekers on Base Career