Cash Application Administrator at Acara Solutions
Ankeny, IA 50021, USA -
Full Time


Start Date

Immediate

Expiry Date

16 Nov, 25

Salary

17.0

Posted On

16 Aug, 25

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

No

Skills

Powerpoint, Communication Skills, Outlook, Excel

Industry

Accounting

Description

Are you a Cash Application Administrator who is looking to join one of the top companies within the Gases and engineering industry?
Are you looking to further your career and grow?

DO YOU HAVE ACCOUNTS RECEIVABLE EXPERIENCE?

If you answered yes to those three questions, then apply today!
Acara Solutions is seeking highly qualified candidates to work onsite with our client in Ankeny, IA. Interested?

How To Apply:

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Responsibilities
  • The Administrator, Cash Applications, functions on a daily basis to ensure the timely and accurate posting of incoming cash.
  • The daily cash application functions include Lockbox, ACH, Wires, and other Electronic Data Interface (EDI) payments.
  • The position researches and follows ups on any insufficient remittance details, updates customer notes relevant to payment transactions.
  • The Administrator also assists the Accounts Receivable (AR) Collectors to resolve un-posted or misapplied cash issues.
  • A fair amount of research and analysis is required on some complex accounts.
  • Run daily lockbox program, ensuring all cash is posted to the correct account/companies.
  • Review, analyze, and post-process the lockbox data. Daily communications with the bank to resolve differences.
  • Maintain proper records of unresolved posting issues.
  • Research incoming cash download from accounting and process wires, including international.
  • Write-off clearing, cash/lockbox reconciliation, support audit activities, and special projects.
  • Handle lockbox correspondence, shared mailbox, and other duties as they come.
  • Work with the deductions Analyst to correctly identify deductions taken by customers
  • Build Quality into all aspects of work
  • Able to promptly report any non-compliance issues to the appropriate administrator.
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