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    Cash Application Specialist - Indianapolis, United States - Venture

    Venture
    Venture Indianapolis, United States

    2 weeks ago

    Default job background
    Full time
    Description

    POSITION SUMMARY

  • Daily application of cash receipts received from customers.
  • Properly identifying customers remittance and posting payments to the correct account by invoice
  • Creating balancing entries related to short payments and deductions on customer accounts per remittance advice
  • Research cash related posting requests related to customer short payments and deductions.
  • Complete account adjustments in a timely manner per service level agreement
  • Assist with creating an environment of continuous improvement and transformation
  • Reconciling and balancing cash deposits to posting reports daily
  • Posting and recording of customer payments received from the lockboxes/bank accounts including checks, ACHs, wires and credit cards
  • Maintaining cash receipts records and files as required for audit requests
  • Support internal and external customers through accurate, timely application of customer payments
  • Complete daily, weekly, and monthly reporting duties
  • Maintain applicable hardcopy and electronic data related to cash application for auditing purposes
  • Build a solid relationship with credit staff and external customers
  • Escalate unresolved cash and unapplied cash items to Corporate Controller weekly
  • Support internal/external customers by providing feedback timely
  • Assist in driving process improvement within the department to achieve business unit goals and productivity
  • Interpret the finding of the data analysis and make correct conclusions/recommendations
  • Research and clean up unapplied cash with a high level of accuracy and attention to detail
    • Requirements

    REQUIRED EDUCATION / EXPERIENCE

  • 3+ years of business-to-business cash application experience in a large corporate environment, preferably in manufacturing, service, construction, or distribution industries
  • High School Diploma

    • REQUIRED SKILLS

  • Ability to effectively present information and communicate to internal and external customers
  • Strong knowledge of Microsoft Excel including VLOOKUP formulas and pivot tables
  • Must be proficient in 10-key data entry
  • Ability to multitask in a high-volume transactional environment
  • Strong general knowledge of accounts receivable processes, with an expertise in cash application
  • Experience operating within multiple programs, software, and ERPs daily

    • The essential job functions and major job functions are not intended to be an all-inclusive list of the job functions that an individual will be required or expected to perform.

    Position Descriptions may be changed or revised by the Company from time to time at its sole discretion.

    This Position Description is not intended to guarantee, and does not guarantee, ongoing employment or employment for a definite term, either in this position or with the Company. Absent an enforceable written contract to the contrary, and to the fullest extent allowed by federal, state and local law, an employee's employment relationship with the Company is at-will.

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