Cash Application Specialist POST NUMBER: 408643
Vaco is assisting a local Birmingham company identify a Cash Application Specialist, This candidate will play a crucial role in their AR department by accurately and efficiently processing incoming payments and ensuring they are applied to the appropriate customer accounts. You will work closely with various internal teams to resolve discrepancies and reconcile accounts, contributing to the overall financial health of the organization.
Responsibilities:
- Process daily cash receipts, including checks, electronic payments, and wire transfers, ensuring accurate and timely application to customer accounts.
- Reconcile payments received with invoices and other supporting documentation to verify accuracy.
- Investigate and resolve discrepancies between payments received and amounts owed, collaborating with internal stakeholders such as sales and customer service teams.
- Monitor and follow up on outstanding balances, identifying and addressing payment issues in a timely manner.
- Prepare and maintain accurate records of cash applications and related transactions.
- Assist with month-end close processes, including reconciliations and reporting.
Qualifications:
- Bachelor's degree in Accounting, Finance, or related field preferred.
- 2 years of experience in cash application or related financial roles.
- Proficiency in Microsoft Excel and experience with SAP a plus.
- Strong attention to detail and accuracy, with the ability to reconcile complex accounts.
- Excellent communication and interpersonal skills, with the ability to collaborate effectively across departments.
- Strong analytical and problem-solving skills, with a proactive approach to resolving issues.
- Ability to work independently and prioritize tasks in a fast-paced environment.
Vaco values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply.
EEO Notice
Vaco is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law.
Vaco LLC and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco LLC and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact HR@vaco.com .
Vaco also wants all applicants to know their rights that workplace discrimination is illegal.
By submitting to this position, you agree that you will be giving Vaco the exclusive right to present your as a candidate for the foregoing employment opportunity. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal.
Privacy Notice
Vaco LLC and its parents, affiliates, and subsidiaries (“we,” “our,” or “Vaco”) respects your privacy and are committed to providing transparent notice of our policies.
- California residents may access Vaco’s HR Notice at Collection for California Applicants and Employees here.
- Virginia residents may access our state specific policies here.
- Residents of all other states may access our policies here.
- Canadian residents may access our policies in English here and in French here.
- Residents of countries governed by GDPR may access our policies here.
Pay Transparency Notice
Determining compensation for this role (and others) at Vaco depends upon a wide array of factors including but not limited to:
- the individual’s skill sets, experience and training;
- licensure and certification requirements;
- office location and other geographic considerations;
- other business and organizational needs.
With that said, as required by local law, Vaco believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.