Cash Application Specialist

We are looking for a Cash Application Specialist to support a wholesale distribution organization in Indianapolis, Indiana. This Long-term Contract opportunity is ideal for someone who excels in a high-volume accounts receivable setting and enjoys bringing accuracy, follow-through, and strong customer service to daily cash posting activities. In this fully on-site role, you will work closely with internal partners and customers to keep payments applied correctly, research exceptions, and help maintain healthy receivable balances.

Responsibilities:

• Record and match incoming customer payments across multiple methods, including checks, ACH, wire transfers, and credit card transactions.
• Investigate unapplied cash, payment variances, and account discrepancies, then coordinate with customers and internal departments to reach resolution.
• Review open receivables, track aging trends, and follow up on past-due balances to support timely collections.
• Contribute to month-end activities by reconciling accounts receivable balances and preparing reporting tied to cash activity.
• Address questions related to billing, remittance details, and account status with professionalism and urgency.
• Maintain organized supporting documentation for payment activity so records are complete and audit-ready.
• Recommend practical improvements to cash application and reconciliation processes to increase efficiency and accuracy.
• Partner with accounting and operational teams to ensure customer accounts reflect current and correct payment information.
• Prior experience in cash application, accounts receivable, or a closely related accounting support position.
• Ability to manage a high volume of transactions while maintaining strong accuracy and attention to detail.
• Proficiency with Excel and experience using accounting or accounts receivable software.
• Working knowledge of payment processing methods such as ACH, wires, checks, EFT, and credit card receipts.
• Strong communication skills with the ability to resolve payment issues effectively with both customers and internal teams.
• Sound problem-solving ability and organizational skills in a deadline-driven environment.
• Experience in distribution, wholesale, or other fast-paced transactional settings is preferred.