Cash Applications Specialist - Houston, United States - DXP Enterprises

Description

Job Description

Job Description

Do you want to grow with us? At DXP we are passionate about what we do and driven to be the best solution for our industrial customers. Since 1908 DXP has been dedicated to the highest quality of customer service through our expertise of the products we distribute and the technical services we perform with a sense of individual pride and company spirit. Throughout your career with DXP, we will encourage and empower you to take an active role in identifying and driving your development, so you feel total confidence in your ability to achieve ongoing success. We aspire to be the best solution for the Industrial customers' needs for MROP products and services through our Innovative Pumping Solutions, Metal Working, Supply Chain Services and Service Centers.

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The Cash Applications Specialist will be responsible for performing all functions associated with high volume cash application in accordance with the Accounts Receivable Department goals and objectives.

Responsibilities of the Cash Applications Specialist include, but are not limited to

• Perform general cash posting tasks to ensure same day clearing and posting of all lockbox and ACH payments
• Manages exception tasks for payments requiring manual application
• Process credit card requests sent by the field or customer after invoicing
• Reconcile bank transaction report with customer's account based on received remittance and deposit detail information
• Perform daily scan deposit of all checks not sent to lockbox and work with customer to update banking information
• Work directly with customer and credit analyst to research and resolve unapplied or unidentified payments
• Serves as backup to Sr. Cash Specialist for all approved adjustments to customer accounts
• Monitors team queue and processes adjustments, refunds, and general item offset requests
• Handles other duties and tasks as assigned by Cash Applications Manager

Qualifications of the Cash Applications Specialist include, but are not limited to

• High School diploma and 2-5 years of equivalent experience in cash applications role preferred
• Experience with payment posting and adjustment process in various ERP systems (P21/Syteline a plus)
• Basic Microsoft Excel skills (vlookup/pivot tables/power queries)
• Ability to multi-task with direct emphasis on posting accuracy
• Intermediate understanding of account reconciliations and daily posting tie outs
• Excellent verbal and written communication skills across all organizational levels
• Takes initiative to deliver on results in acceptable period of time
• Self-starter who works well independently and part of a team
• Experience with Salesforce is a plus
• Direct experience with High Radius or other cash posting cloud automation tools is preferred but not required

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Additional Information

Working Conditions: Professional office environment

Shift Time/Overtime: Monday-Friday standard business hours

Travel: 0%

DXP is always looking for individuals who want to join a team of employees who have the desire to achieve remarkable accomplishments together. The culture of the organization is supportive and goal oriented with high expectations, yet it is an environment where the team spirit inspires everyone to do their best. All DXP employees play a vital part in the organization and are treated with respect. By applying to DXP, you will have the opportunity to speak with some of the most respected professionals in the industry.

DXP offers a comprehensive benefits package including: Medical, Dental, Vision, Flexible Spending, 401(k), paid holidays, Life and Disability Insurance, and additional supplemental products. EOE/M/F/D/V

Company DescriptionFounded as Southern Engine and Pump Company in 1908, DXP was re-chartered in 1979 as Sepco Industries and renamed DXP Enterprises, Inc. in 1996. Over the years, we have strengthened our ability to support our customers by acquiring a diverse group of companies with a powerful corporate focus on product expertise, technical services and Industrial MRO supply chain management.

Today, DXP is a publicly traded professional distribution management company that provides products and services to a variety of industries through its Innovative Pumping Solutions (IPS), Supply Chain Services and MROP Products and Services.

DXP continues to stay on the leading edge of technology, training and products while attracting and retaining the best employees. Our corporate strategy is simply to be the best solution for the industrial customer.

Company Description

Founded as Southern Engine and Pump Company in 1908, DXP was re-chartered in 1979 as Sepco Industries and renamed DXP Enterprises, Inc. in 1996. Over the years, we have strengthened our ability to support our customers by acquiring a diverse group of companies with a powerful corporate focus on product expertise, technical services and Industrial MRO supply chain management.\r
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Today, DXP is a publicly traded professional distribution management company that provides products and services to a variety of industries through its Innovative Pumping Solutions (IPS), Supply Chain Services and MROP Products and Services.\r
\r
DXP continues to stay on the leading edge of technology, training and products while attracting and retaining the best employees. Our corporate strategy is simply to be the best solution for the industrial customer.