Position Summary:The Cash Applications Specialist will perform daily posting and reconciliation of incoming customer payments across various channels and entities. Reporting to the Cash Application Manager, this role will support the full lifecycle of cash application—from receipt to system posting to variance resolution. The ideal candidate will bring technical skills, attention to detail, and prior experience in high-volume AR environments. A successful candidate will participate in process improvement, reduce unapplied cash, and improve the timeliness and accuracy of applied cash.
Key Responsibilities
- Daily cash application activities including lockbox, ACH, wire, credit card, and check payments
- Perform accurate and timely posting of payments across multiple bank accounts and business entities
- Identify and resolve unapplied, misapplied, or unidentified payments in collaboration with AR and collections teams
- Monitor variances and resolve before period close
- Coordinate with the billing, credit, and collections teams to ensure proper application of payments
- Prepare periodic cash activity reports and reconciliations for review
Qualifications
- Minimum 2-4 years of hands-on experience in cash applications, AR, or general accounting.
- Prior experience in a high-volume environment with multiple payment methods and large customer base.
- Familiarity with ERP systems such as Acumatica, NetSuite, Microsoft Dynamics, or equivalent.
- Intermediate Excel skills and experience with bank portals, remittance tools, and automated matching systems.
- Detail-oriented with a high level of accuracy and accountability in transactional finance operations.
- Demonstrated communication skills, with the ability to collaborate across departments.
- Bachelor’s degree in Accounting, Finance, or Business preferred.
1840 & Company is a global leader in Business Process Outsourcing (BPO) and remote talent solutions, dedicated to propelling businesses forward through our comprehensive suite of services. We specialize in connecting companies with world-class freelance professionals and delivering top-tier outsourcing services, across over 150 countries worldwide.
Our mission is to empower growth for forward-thinking businesses, seamlessly bridging any skill or resource gaps with our expertly vetted talent pool. We firmly believe in fostering an environment where exceptional individuals can achieve an optimal work-life balance, working remotely from any location, while maximizing their professional growth and earning potential.
We are headquartered in Overland Park, KS, USA with service delivery facilities in the Philippines, India, Ukraine, South Africa and Argentina. We invite you to explore the opportunities we offer and consider joining our exclusive network of global freelance talent. Visit www.1840andco.com to learn more about us. To explore a wealth of career opportunities and find a role that suits your unique skills and aspirations, please visit our dedicated jobs portal at jobs.1840andco.com.