Job Description

We are looking for a skilled Bank Reconciliation and Cash Application Specialist to join our Credit & Collections team. The role is responsible for ensuring accurate reconciliation of bank accounts and the application of cash receipts to customer accounts. The ideal candidate will have a strong accounting background, attention to detail, and the ability to work in a fast-paced environment.
Cash Application:Perform cash management activities, process and apply daily cash receipts (ACH, wire transfers, checks) to customer accounts in the accounting system. Reconcile payments received with outstanding invoices. Investigate and resolve payment discrepancies, short payments, or overpayments. Work with internal teams to ensure accurate recording of transactions. Accurately and timely perform daily cash application activities in SAP. Support for Intercompany and Netting payment activities. Communicate with internal and external customer's in an effective and efficient manner.

Bank Reconciliation:Perform daily, weekly, and monthly reconciliation of bank accounts. Identify, research, and resolve discrepancies between bank statements and internal financial records. Ensure all transactions are properly recorded and that accounts are balanced. Perform account balances prior month end book closing.

Accounts Reconciliation:Reconcile accounts receivable ledgers, ensuring that all payments are properly accounted for and posted. * Prepare monthly reports summarizing cash activities and balances.