Position Overview: The Cash Application Specialist is responsible for ensuring the accurate and productive application of customer payments. This role involves managing the transfer of data between the sub-ledger and cash application processes, validating remittance information, and resolving unmatched transactions. The ideal candidate will possess strong organizational, analytical, and communication skills to thrive in a fast-paced, deadline-driven environment.
Location: Moncton, NB
Schedule: Monday – Friday, 8am - 5pm
Key Responsibilities:
- Apply cash payments daily and ensure seamless data transfer between the sub-ledger and cash application processes.
- Validate that daily remittance information is processed and transferred to the cash application program.
- Ensure all deposits are accurately transferred to the cash application program.
- Process fully allocated and verified deposits.
- For deposits not fully allocated:
- - Apply secondary matching processes.
- Escalate open or unmatched items to the appropriate group and follow up to ensure resolution.
- Post journal entry data from the cash application to the sub-ledger.
- Apply and post non-trade deposits, such as benefits payments, scrap revenue, and miscellaneous sales documents, to ensure accurate payment application.
Qualifications and Experience:
- Proficiency in Excel and the ability to quickly learn new software systems.
- Strong verbal and written communication skills.
- Excellent organizational and time-management abilities.
- Detail-oriented with a proven ability to thrive in a fast-paced, deadline-driven environment.
- Ability to work effectively with minimal supervision.
- Strong critical thinking, problem-solving, and analytical skills.