Cash Applications Specialist Job Summary

We are looking for an energetic and experienced Cash Applications Specialist to join our finance team. We process high volumes of transactions and remittances, scanning, invoicing, and reconciling items from potentially disparate pieces of the company's financial interests. As part of our team, you reconcile account receivables, perform collection management processes, and post payments. You create monthly reports for relevant stakeholders and management, observing all relevant regulations. Our ideal candidate is a motivated problem-solver who can collaborate effectively on larger teams and possesses accurate data entry skills and an eye for detail.

Cash Applications Specialist Responsibilities

• Process and reconcile account receivables and remittances
• Create regular reports to accurately track financial information
• Perform periodic audits of the general ledger and company financial documents
• Address payment issues like double payments or other discrepancies
• Assist in sending refunds to A/P
• Engage in collection management processes as necessary
• Research and resolve unapplied cash in suspense and cash on account at patient level
• Perform all duties as assigned by manager

Cash Applications Specialist Requirements and Qualifications

• Associate degree in finance or accounting preferred but not required
• Prior experience in accounts receivable and cash applications
• Ability to work independently and contribute to broader team objectives
• Ability to communicate clearly and concisely via phone, email and in person
• Ability to multitask effectively, manage processes, and meet deadlines
• Understanding of debits and credits as related to Cash Application and Accounts receivable; knowledge of lockbox post processing a plus
• Must be willing to cross-train and assist others as needed
• Excellent written and verbal communications skills